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International Trade
Students, through lecture and discussion, examine the mechanics of exchange in world markets and then at some of the issues nations face as a result of the international character of trade. They participate in an activity that...
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Why Money?
Students participate in a trading simulation to learn about barter and the benefits of using money. In this barter lesson, students participate in a trading simulation and learn about coincidence of wants. Students then use money cards...
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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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Why We Trade: Exchanging Goods and Services
Students conduct simple bartering and trading activities and consider how product value can be altered by the market.
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Resources and Trade Flow
Young scholars plan for a service project. In this service lesson, students determine the materials they will need to complete their service project. Young scholars discuss possible trade flows into the United States.
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U.S. Trade Deficit
Students see how to define trade surplus and trade deficit, become acquainted with important U.S. trading partners and concerns of different interest groups.
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Fur Trade Economics
Students demonstrate understanding of what the fur trade was and how it was operated, including the bartering process, by participating in a mock trade activity and assessing the value of items based on their needs and wants.
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Ft. Vancouver the Fur Trade: A Skin for a Skin
Students study Fort Vancouver. They discuss trading and what is meant by "a skin for a skin." They complete math story problems that represent possible trading scenarios. They explore the Chinook Jargon trade language.
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Ft. Vancouver Fur Trade: a Skin for a Skin
Students examine political presence of Hudson's Bay Company, explore economic impact of European demand for beaver pelts and the fur trapping trade, and practice counting in Chinook Jargon.
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International Trade, Part I, Protectionism
In this economics worksheet, students define economic terms related to international trade and diagram domestic trade problems.
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The Importance of Imports
Students explore world trade by examining items they find at home and listing countries those items came from. Data is displayed on a map and charted according to continent. They discuss how products are transported.
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The Magic of Markets
Students examine how exchange is trading goods and services with people for other goods and services or money. They examine how people voluntarily exchange goods and services because they expect to be better off after the exchange.
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Westward Expansion - Fur Trade
Students complete a unit of lessons to learn how products reach the market and study the history of the fur trade. In this history and trade lesson plan, students first learn about the technology that allowed products to reach market...
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Class Store
First graders explore economics by participating in a group activity. In this commerce lesson plan, 1st graders conduct a role-playing activity in which they utilize goods and services to re-enact a general store's daily business....
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Saturday Sancocho
Students barter with each other in order to get ingredients to make chicken sancocho. In this trading lesson plan, students read a story about a family in Central or South America who have to barter to get their needs. Then students try...
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Production and Trade
Students discuss production and trade. In this business lesson, students read the book Ox-Cart Man and identify the traits of entrepreneurs. Students discuss ways a person can improve their job performance.
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Barter Day
Fifth graders research bartering. In this bartering lesson, 5th graders investigate bartering as a way to trade for goods and services. Students experience bartering first hand while playing a game.
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Give and Take
Students analyze a scheduling dilemma. In this opportunity cost and trade-offs lesson, students must schedule the school gym for basketball games, but there are not enough hours for all the games. Groups determine how time will be...
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Lesson Plan on the U.S. Trade Deficit
Pupils examine the U.S. trade deficit. In this global economics instructional activity, students read excerpts of selected articles and analyze economic reports to identify the implications of having a deficit. Discussion questions are...
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Money as a Means of Exchange
First graders discover the term bartering as used to pay for wanted items. They play a bartering game to discover exchanging goods for wanted items and play the computer money game on the "Show-Me Economics" web site.
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Curiosity Shop
First graders simulate shopping for needs and wants. In this money lesson, 1st graders examine Norman Rockwell's painting "Curiosity Shop." Students role-play shopping in a store and making purchases.
Utah Education Network (UEN)
Vocabulary Consumerism
If you receive poor service, should you contact the FDA or the BBB? Discuss important economic terms with a vocabulary practice page. Learners fill in the blanks after each concept and elaborate on its function in the economy.
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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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Traveling the Silk Road
Students take a virtual trip down the Silk Road. Using a map, they trace the location of the trade route and others that were developed later. They use different spices and goods to trace how they came to the Americas. They answer...