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Scarcity and Choice
After reading the book A Bargain for Frances, young economists discuss how money is exchanged for goods or services. They demonstrate effective financial decision-making by listing ways to save money for a product they would like to buy.
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Exchange of Goods and Ideas in the Ancient Mediterranean
Ninth graders begin the lesson by discussing and locating the trade routes in the Mediterranean. Using pieces of pottery and coins, they discuss how it shows the culture of an area and create a chart showing the value of the coins. ...
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Cultural Exchange
Students are introduced to the concept of cultural exchange and identify two examples of the concept. Individually, they research two specific examples of exchange and write about how it affected the two groups involved. They identify...
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Economic Community
Fourth graders assume different jobs of a community and understand the terms goods, services, producer, and consumer. For this community lesson plan, 4th graders answer short answer questions to show their knowledge of the terms.
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Market Simulation
Students explore the role of markets in Asian countries. They bring items from home to barter with to simulate markets. They discuss the advantages and problems of exchanging and how price is determined.
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Let's Make a Deal- Barter 208
Students analyze and evaluate the barter system. They discuss the barter is the proper term for making deals. They participate in a simulation to illustrate each kind of barter.
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Triangular Trade and Its Effects
Young scholars investigate the trade routes and investigate goods and services were transported along each route. Given a primary source document, that represents a personal story related to the triangle trade, they discuss given questions.
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Honest Communication
Students explore the concept of honest communication. In this character education lesson, students discover eschew obfuscation and role play sincere communication exchanges with other students.
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What is Bartering?
This PowerPoint features information about barter and money economies. Slides provide details that allow students to draw comparisons between barter and money economies. Students discover facts about wampum and explore problems with...
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Why do Countries Trade?
Students explore trading among countries. They participate in a trading simulation designed to illustrate a complex marketplace in which goods and services are traded.Pupils use this experience to investigate the conditions that...
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Today's World
While not an exhaustive review of globalization and trade, this overview of the inter-related nature of the economy would be a good tool to use in the classroom. This resource could be used to begin a discussion on the various topics...
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Battering Through the Seasons
Students define bartering and barter to investigate supply and demand. In this bartering activity, students read A New Coat for Anna and recall how they exchanged merchandise in the story. Students complete a sequential graphic...
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Learning Economics through Comics
Students summarize the historical development of money. In this economics lesson, students describe the process of bartering and explain how money facilitates trade and exchange. Students also define and describe inflation and a modern...
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Market Day Adventure
Second graders participate in the Market Day project. They produce goods, market goods, and earn money to buy goods.
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Why Use Money? Getting What We Need
Students learn the difference between purchase, barter, and payment for service, then explore how the Akan and North African people used a barter system to exchange gold and salt. They identify the most efficient ways of procuring your...
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Talking Bulls and Bears
Students compare and contrast bull and bear markets. In this stock market instructional activity, students visit the noted Web sites to study supply and demand, the stock exchange, and financial scandals.
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Financial Plans
Learners create an economic system based on responsibility and caring. In this economics and character lesson, students receive Character Currency and practice using the money for a good cause. Learners brainstorm charities they would...
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Satisfying Wants
Middle schoolers describe the difference between a want and a need. In groups, they brainstorm a list of all of their wants and the method of exchange that is going to allow them to be satisfied. They discover how having money makes...
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What is Money? Learn the Role of Money in a Free Market System
Learners view a seashell and listen as the teacher explains that these were sometimes used as money. They listen as the teacher lectures on medium of exchange, barter, and commodity. Students determine the number of chickens it would...
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Bartering, an Early Form of Interdependence
Young scholars explore the the benefits and problems associated with a barter system in the Colonies and trace its relationship to the development of interdependence that this system creates. An experience of bartering is created in this...
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Barter Day
Fourth graders understand the process of bartering. For this barter day lesson, each student barters an item in their desk with another student. All items are returned at the end of the activity and it is important to tell the students...
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Inspirational Mapping for the Corps of Discovery
Third graders use a computer software entitled, Inspiration, in order to create a map or web of what Lewis and Clark should have packed for their journey west. They are given the expectations of the teacher and a scoring guide is...
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Oklahoma Wheat on the World Market
Sixth graders explore profit and loss in the wheat trading market. In this sixth grade mathematics lesson/social studies lesson, 6th graders play a “Wheat Market Trading Game” in order to investigate the concept of supply and demand and...
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A Lesson To Accompany "The First Bank of the United States: A Chapter in the History of Central Banking"
Here is an interesting topic. Learners examine the economics that led to the founding of the First Bank of America. They participate in a reader's theater experience depicting the debate between Alexander Hamilton and Thomas Jefferson...