Common Core State Standards

ELEMENTARY SCHOOL LESSONS

  • EconEdLink Image

    Scarcity and Resources

    This is a basic lesson of scarcity and resources that can be used for elementary students or students with special needs. Scarcity - is a condition that exists because human wants exceed...

    Grades: K-2

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  • EconEdLink Image

    Goods and Services: Some are Private, Some ar...

    The role of government is to provide for the common defense, define and protect property rights, and enforce contractual arrangements. Throughout the 20th and early 21st century, governme...

    Grades: 3-5, 6-8

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  • EconEdLink Image

    Open for Business!

    This engaging lesson gives students the opportunity to identify risks and rewards of entrepreneurship and distinguish between entrepreneurs who start a business to produce a good or provi...

    Grades: 3-5, K-2

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  • Opportunity Costs Toothbrush

    Everyday Opportunities

    In this lesson, students will learn about choices and opportunity costs that occur every day. While this lesson will go on throughout the day, the actual lesson is short.

    Grades: K-2, 3-5

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  • Job Money Benefits Costs

    Jobs: Who Needs 'Em?

    In this lesson, students will look at the importance having some kind of job. At early ages they sometimes get the idea that money grows on trees and they should get anything that they wa...

    Grades: 3-5

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  • the mitten

    The Mitten

    This is a folktale retold by Jan Brett about a little boy whose grandmother knits him a pair of snow-white mittens. While the boy is outside playing, he loses one of the mittens and some ...

    Grades: K-2

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  • Crayons Resources Consumers

    The Color of Resources

    This lesson will demonstrate the making of Crayola products to introduce natural, capital, and human resources as well as touching on some other aspects in the Crayola industry such as pr...

    Grades: 3-5

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  • EconEdLink Image

    Trade to the Tailor

    By reading the book "A New Coat for Anna" students will learn about resources, scarcity, costs, trade/bartering, and decision making through a young girl, Anna, whose mother wanted to buy...

    Grades: K-2

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  • Mayflower Choice Scarcity

    No Extra Room on the Mayflower

    The students will explore the ideas of scarcity and choices by exploring a virtual model of the Mayflower. They will then pack a virtual suitcase making good choices about what they pack.

    Grades: K-2

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  • Calculating Budget Savings

    Money Comes and Goes

    Students read two online stories that introduce them to the elements of a budget and show that a successful budget balances money coming in (income) with money going out (expenses and sav...

    Grades: 3-5

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  • Chores Allowance Income

    Money Doesn't Grow on Trees

    Money doesn’t grow on trees. This lesson introduces students to four ways people get money—they find it, win it, receive it as a gift or earn it. Finding, winning and receivin...

    Grades: 3-5

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  • Cash Work Pay

    We Can Earn Money (or) Working Hard for a Living

    There are many ways for people to get money. One way most people get money is by earning it. This lesson introduces students to work activities that grown-ups do to earn money. Stud...

    Grades: K-2

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  • Pie Consumer Producer

    Simple Simon Meets a Producer

    A classic rhyme, Simple Simon and the Pie-Man, introduces students to the concepts of consumer and producer. Students learn that consumers are the people who buy and use goods and service...

    Grades: K-2

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  • Consumer Producer Family

    We are Consumers and Producers

    Students are consumers and producers. So are their families. In this lesson students learn how they and family members fulfill these roles at home and in their community. They begin by...

    Grades: K-2

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  • Orange Export Import

    Where Did You Come From?

    In this multiple intelligences lesson the students figure out why the United States imports some goods that we can grow right here!

    Grades: 3-5

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  • Ice Cream Choice Scarcity

    Ben & Jerry's Flavor Graveyard

    Ben & Jerry are producers of ice cream. Even if they produce ice cream for the entire nation, they still must make choices on which flavor to produce! Scarce resources force them t...

    Grades: 3-5

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  • Pizza Competition

    Competition: Pizza!

    Students will learn about competition in the market place. They will understand that competition takes place when there are many buyers and sellers of similar products. They will disc...

    Grades: 3-5

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  • Hawaii Fish Barter

    Hawaiian Economics: Barter for Fish & Poi

    In ancient Hawaii, chiefs managed the economy by creating a land division system, the Ahupua'a, which divided the islands into pie slice shapes. Each Ahupua'a covered the three main r...

    Grades: 3-5

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  • Hawaii Resource Allocation

    Hawaiian Economics: From the Mountains to th...

    Ancient Hawaii was ruled by chiefs, who were responsible for the well-being of their people and for managing the islands' resources. The chiefs divided the islands into land districts sha...

    Grades: 3-5

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  • economic incentives in our community

    Economic Incentives in Our Community

    Students will identify positive and negative economic incentives used in their communities to encourage people to make CHOICES beneficial to the community. Students will recognize that...

    Grades: 3-5

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  • Cash Incentive Decision

    Incentives Influence Us!

    Students will learn that people respond predictably to positive incentives (rewards) and negative incentives (penalties). They will identify incentives in their daily lives at home an...

    Grades: 3-5

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  • Taxes Services

    Tic Tac Taxes!

    This lesson will assist students in identifying various taxes and the services they help governments provide.

    Grades: 3-5

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  • Garage Sale Bargain

    Every Penny Counts

    You know that five dollars you got for your birthday? There are so many things you can spend it on, aren’t there? A toy boat to sail on the pond, a doll to play with or a jump r...

    Grades: K-2

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  • Doctor

    Goods and Services

    Students will be able to distinguish between people who produce goods and people who provide services to a community.

    Grades: K-2

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  • Wood Resources

    Where did that pencil come from? The Study of...

    The students will determine what goods can be produced from physical features such as rivers, lakes, mountains, and plains by looking at maps. Additionally, they will discuss the proces...

    Grades: 3-5

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  • Medical Community Business

    Build Your Community

    Students will learn about a variety of businesses and the service they provide to a community. They will build a town selecting seven business they feel would be the most important to...

    Grades: K-2

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  • Mailman Services Goods

    Delivering the Goods

    Delivering the Goods K-2 Economics Lesson. In this lesson, students have the opportunity to complete an interactive activity that teaches them about providers of goods and services.

    Grades: K-2

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  • Kennel Specialization

    Dog Gone Job!

    Dog Gone Job! demonstrates how job specialization increases productivity

    Grades: K-2

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  • Bookstore Goods Services

    Woof! Woof! At Your Service

    Woof! Woof! At Your Service helps demonstrate that economic desires can be satisfied by providing goods and services.Identifies goods and services provided by one small business Diffe...

    Grades: K-2

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  • Irrigation Agriculture Water

    Water, Water, Everywhere

    In this lesson, students will identify water and land as examples of natural resources investigate sources of water and identify some ways in which humans make use of water as an econ...

    Grades: K-2

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  • the story of jack and the bank stalk

    The Story of Jack and the Bank Stalk

    Fairy tales have always been used to give lessons about life. The story of Jack and the Bean Stalk is a good lesson about the importance of knowing about money and banks. The story of...

    Grades: 3-5

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  • old business new business

    Old Business, New Business

    In this lesson students are introduced to several businesses from the past. They see that, while the names for these businesses are different, many of the elements of that job are se...

    Grades: 3-5

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  • Wampum Barter Goods

    I Have No Money, Would You Take Wampum?

    Through the use of folk tales, history, and the students' own experiences, students will recognize the inter-relatedness of goods, services, money. They will locate information about...

    Grades: 3-5

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