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Council for Economic Education

The Silk Road

For Teachers 5th - 8th Standards
The Silk Road connected the European, Middle Eastern, and Asian worlds. It also helped create the modern trade world. An analysis activity makes the importance of this Chinese innovation clear by asking participants to evaluate trades...
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Lesson Plan
Federal Reserve Bank

Potato: A Tale from the Great Depression

For Teachers 2nd - 4th
There are so many ways to use a potato: bake it, fry it, or barter it. The lesson explains the concepts of bartering, money, and goods and services with a story that takes place during the Great Depression. Academics complete group...
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Lesson Plan
Curated OER

Bartering Through the Seasons

For Teachers 5th
Fifth graders explore bartering. In this bartering lesson, 5th graders investigate bartering between the American colonies. Students study the climate and geography of neighboring colonies and investigate crops native to each area.
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Lesson Plan
Curated OER

Battering Through the Seasons

For Teachers K - 5th
Students define bartering and barter to investigate supply and demand. In this bartering lesson, students read A New Coat for Anna and recall how they exchanged merchandise in the story.  Students complete a sequential graphic organizer....
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Lesson Plan
Curated OER

Saturday Sancocho

For Teachers 2nd - 5th
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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Lesson Plan
Curated OER

A Rooster and a Bean Seed

For Teachers 3rd - 5th
Young scholars hear a folk tale and participate in a simulation that helps them recognize problems with barter and benefits of monetary exchange.
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Lesson Plan
Curated OER

Market Simulation

For Teachers 4th - 8th
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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Lesson Plan
Curated OER

Interdependence: A Colonial Example

For Teachers 3rd - 5th
Students complete a variety of activities related to Colonial America and how people lived at that time. They conduct research on a selected colonial trade and present an oral report as role-playing that craftsman, and participate in a...
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Lesson Plan
Curated OER

I Have No Money, Would You Take Wampum

For Teachers 4th - 5th
Students engage in a discussion about their experiences with goods, services, and money.  In this bartering lesson, students read The Wampum Bird story and brainstorm their personal experiences with economics.   
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Lesson Plan
Curated OER

We're in the Money

For Teachers 7th - 8th
Young scholars study money and its place in the economy.  In this middle school Consumer Math lesson, students explore the barter system and the need for money.  Young scholars explore how money works in society and explore modern money...
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Lesson Plan
Curated OER

Learning Economics through Comics

For Teachers 6th - 8th
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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Lesson Plan
Curated OER

Jamestown's Economy

For Teachers 5th - 9th
Students identify items made in Jamestown and draw conclusions about their economy. In this Jamestown economy instructional activity, students use the internet to complete a worksheet which required them to look at photographs of goods...
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Lesson Plan
Curated OER

Barter and Trade

For Teachers 9th - 11th
Students explore the concepts of bartering and trading. In this algebra activity, students barter with each other for different items. They use special cards to designate ownership of an item as they explore the complexity of bartering.
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Lesson Planet Article
Curated OER

The Wonders of Ancient Civilizations

For Teachers 6th - 9th
Bring excitement and interest to your social studies with a unit on ancient civilizations.
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Lesson Plan
Curated OER

Trade Along the Silk Road

For Teachers 9th - 10th
Students do a jigsaw activity that will enable them to understand the dynamics of the Silk Road trade.
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Lesson Plan
Curated OER

Emissions Trading

For Teachers 7th - 10th
Students produce manufactured good, barter for sales, encounter government officials, make choices about emissions, trade carbon credits and share findings in order to understand how carbon trading could affect industry from an economic...
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Worksheet
Curated OER

Ancient Egypt: Domestic Life: Bartering

For Students 5th - 6th
In this ancient Egypt instructional activity, students read about bartering in the marketplace. Students find the value of 4 items and draw the things you could barter them for.
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Lesson Plan
Curated OER

Basic Trading

For Teachers 2nd - 6th
Students review the basic ideas of exchange. In groups, they discover the incentives for trade and participate in a simulation. They are given a packet of stamps which are worth varying monetary amounts. They discover the concepts of...
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Lesson Plan
Curated OER

Why We Trade: Exchanging Goods and Services

For Teachers 1st - 2nd
Learners conduct simple bartering and trading activities and consider how product value can be altered by the market.
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Unit Plan
Jamestown-Yorktown Foundation

Colonial Tobacco Economy

For Teachers 4th - 8th Standards
Tobacco as money? Middle schoolers investigate how eighteenth-century Virginia farmers used tobacco as a cash crop to buy tools, livestock, and household goods. They also examine the connection between tobacco production and the slave...
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Lesson Plan
Curated OER

Why Money?

For Teachers 7th - 9th
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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Lesson Plan
Curated OER

Money as a Means of Exchange

For Teachers 1st
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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Lesson Plan
Curated OER

A Lesson to Accompany "Benjamin Franklin and the Birth of a Paper Money Economy"

For Teachers 10th - Higher Ed
Students investigate the role of money in the colonial economy. For this colonial economy lesson, students participate in a trading activity, read the booklet "Benjamin Franklin and the Birth of a Paper Money Economy," participate in an...
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Lesson Plan
Curated OER

Why Use Money? Getting What We Need

For Teachers 6th - 8th
Middle schoolers 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...