Lesson Plan
Federal Reserve Bank

Monster Musical Chairs and Scarcity

For Teachers K - 1st Standards
Why can't we have everything we want? Youngsters are introduced to the concept of scarcity through a game of musical chairs and by discussing what it takes to satisfy our wants.
Lesson Plan
Federal Reserve Bank

Federal Reserve Bank of St. Louis: Monster Musical Chairs [Pdf]

For Teachers Pre-K - 1st
A lesson based on the book, Monster Musical Chairs, by Stuart J. Murphy. Students learn, through a game of musical chairs, that any supply of goods is limited and not everyone's wants will necessarily be met.