Related Lessons

Lesson: Economic Spotter: Supply and Demand at the Gold Rush

Beanie Baby Prices Soar

During December 1997, The Washington Post published an article about the debut of the Princess Beanie Baby. A Beanie Baby retailer, interviewed by the Post, indicated there was strong demand for the new stuffed animal.

Grades: 6-8
Published: 12/08/1997

NOT your Grandma's Lemonade Stand

After a review of elementary economic concepts, students will apply their understanding by playing an online computer game, Lemonade Stand. This game has the students competing against themselves and others to earn the biggest profit in 25 days time (approximately 15 minutes computer time). "Daily" economic advice helps students find out where they fail in understanding the demand and supply sides of economics. Fun!

Grades: 6-8
Published: 03/15/2002

Lemon Squeeze - The Lemonade Stand

Everyone has at one time or another opened a lemonade or Kool-Aid Stand. What a great place to begin an economics lesson. Students can taste test three brands of lemonade and compare prices with taste – is the most expensive the best? Using a reader’s theater students will construct a supply and demand schedule and can create a bar or line graph to demonstrate market interaction between buyers and sellers.

Grades: 6-8
Published: 08/26/2002

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.

Energy, Economics, and the Environment: Case Studies and Teaching Activities for Elementary School

This publication helps elementary students analyze energy and environment issues from an economics perspective.

Grades: 3-6
Published: 2006

4 out of 10 lessons from this publication relate to this EconEdLink lesson.

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

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

Learning, Earning and Investing: High School

This publication contains 23 lessons that introduce high school students to the world of investing--its benefits and risks and the critical role it plays in fostering capital formation and job creation in our free market system.

Grades: 9-12
Published: 2004

3 out of 23 lessons from this publication relate to this EconEdLink lesson.