EconEdLink

Related Lessons

Lesson: How Global is Your Portfolio?


Banks, Bankers, Banking

Students will demonstrate understanding of the processes associated with banking by role- playing as customers, tellers, and guards.

Grades: 3-5
Published: 04/22/2003

Work, Earnings and Economics: Using 'Lyddie' by Katherine Paterson

To get started, the students will read Lyddie, a novel by Katherine Paterson. The novel is set mainly in Lowell, Massachusetts, in the 1840s. In Lowell the main character, 13-year-old Lyddie Worthen, works six days a week, from dawn until dusk, running weaving looms in a murky dust-and lintfilled factory, trying to save enough money to reunite her family. In reading and discussing this fine novel, the students examine basic economic concepts and explore the growth of labor unions and the role of government in a market economy. Lyddie is published by Puffin Books and is available at Amazon.com. It is also available in DVD video format and may be purchased on line at Circuit City, DVD Empire.com and Overstock.com.

Grades: 6-8
Published: 09/13/2007

Goods and Services: Some are Private, Some are Not

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, government has increased its role in economic life. The role of government has expanded to address so-called market failures and externalities by expanding their regulatory reach to address environmental concerns, monopolistic competition and provide public goods. Governments have also introduced various social programs to provide a social safety net for low-income individuals and senior citizens.

Grades: 6-8
Published: 01/03/2012

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.


The Great Economic Mysteries Book: A Guide to Teaching Economic Reasoning, Grades 4-8

This publication introduces students in grades 4-8 to an economic way of thinking through exploring the mysteries of everyday life. Students solve each mystery by responding to hints provided by simple true/false questions and by reference to a logical system of reasoning that applies basic economic principles.

Grades: 4-8
Published: 2000

17 out of 17 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

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

Focus: Economics - Grades 3-5

This publication contains fourteen lessons that use a unique blend of games, simulations, and role playing to illustrate economics in a way elementary students will enjoy.

Grades: 3-5
Published: 2005

16 out of 16 lessons from this publication relate to this EconEdLink lesson.