EconEdLink

Related Lessons

Lesson: Who Get's More than Their Fair Share?


A Pet For Beans from 'Jack and the Beanstalk'

After listening to a computer-read story, "Jack and the Beanstalk," the students will find out that beans were used as an exchange for Jack's cow. Jack traded his pet cow for an old man's magic beans. Were they both happy? They should be! People exchange goods because both feel they will be better off after the exchange.

Grades: 3-5
Published: 07/17/2003

Mystery Workers

In this lesson students review the concepts of goods, services, and producers using the Internet to locate examples of each in a teacher's classroom. They learn about the three kinds of resources necessary to produce goods and provide services locating examples from a picture tour of the Crayola Factory. Through interviews they learn about the work of the people in their families and draw conclusions from their findings. Finally, they examine a picture of a farmer working in a field to identify examples of natural, human, and capital resources.

Grades: 3-5
Published: 02/18/2004

What Are Incentives?

Students will understand that incentives are used to encourage them to make good choices. After identifying incentives offered at home and in school, the students will distinguish between positive and negative incentives.

Grades: 3-5
Published: 01/03/2003

Related Publications

The following lessons come from the Council for Economic Education's library of publications. Clicking the publication title or image will take you to the Council for Economic Education Store for more detailed information.


Playful Economics

Designed primarily for elementary and middle school students, each of the 15 lessons in this guide introduces an economics concept through activities with modeling clay.

Grades: K-8
Published: 2011

17 out of 17 lessons from this publication relate to this EconEdLink lesson.

Economics & Entrepreneurship: Operating a Classroom Business in the Elementary and Middle School

This revised and updated "how to" guide is a great way to start a classroom business with your students.

Grades: K-8
Published: 2008

7 out of 7 lessons from this publication relate to this EconEdLink lesson.