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Sharp School
Real Life Economics 101
Your learners will take key economic concepts, such as identifying needs versus wants and the four factors of production, and design a video to explain their topic choice to the class. Rather than have one person in charge of dispensing...
Illustrative Mathematics
Field Day Scarcity
Introduce young mathematicians to concepts of financial literacy with this open-ended word problem. With seven dollars to spend during field day and given a list of available items and their prices, children must determine how they want...
Council for Economic Education
Great Civilizations Develop around Rivers
If you lived in prehistoric times, what kinds of choices could your family make to increase their chance of survival? By making similar decisions in a simulation game, participants discover how specialization creates both opportunity and...
Council for Economic Education
Mercantilists and the Midas Touch
What is the connection between greed and mercantilism? Historians consider this question by analyzing a fairy-tale like story about King Midas from the nineteenth century. The background information and excerpt help pupils understand the...
Curated OER
The Class Trip
Mrs. Moore's class is trying to earn money for a trip to the science museum, but how much more do they need? Solve this problem with your own class as they develop their ability to model real-life situations algebraically. As an added...
Michigan Sea Grant
Water Quantity
It may be tricky for a young mind to conceptualize that less than 1% of all water on earth is useable for humans to drink. Simulating the amount of fresh water available on earth by removing measured amounts of water from a five-gallon...
Council for Economic Education
Econ Ed Link: The Perfect Pet
Consider the economic concept of scarcity while selecting items to buy at a pet store.
Council for Economic Education
Econ Ed Link: The Perfect Pet
Interactive activity in which students learn how to deal with scarcity and the difference between wants and needs as they choose what to buy for their new pet fish with $5.00.
Illustrative Mathematics
Illustrative Mathematics: 3.oa the Class Trip
The purpose of this instructional task is for students to solve a two-step word problem and represent the unknown quantity with a variable. This task also addresses the concept of scarcity. Aligns with CCSS.Math.Content.3.OA.D.8 Solve...
Other
Federal Bank of Richmond: My Money
For elementary students, this booklet of activities teaches basic money skills and concepts. Includes lesson plans.
PBS
Pbs, News Hour Extra: Water Fights Present Dangerous Challenges
This article with teaching resources is an overview of the dim outlook of safe water supply around the world by the year 2030. March 20, 2009.
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