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Calendar Item: Massey Calls It Quits on February 17, 1997


Dynamic Decision Making

Students will be introduced to the PACED Model and learn to use the parts of the model-- Problem, Alternatives, Criteria, Evaluation, and Decision -- in solving problems and making decisions. They will practice using the model in decisions about meals and career possibilities.

Grades: 3-5
Published: 12/11/2003

If I Ran the Zoo - Economics and Literature

Welcome to the Zoo! In this two-day lesson you will use Dr. Seuss' If I Ran The Zoo book to introduce the economic concepts to your students. You will also get the chance to use actual zoo criteria to help a zoo "choose" new animals.

Grades: 3-5
Published: 05/21/2003

Hawaiian Economics: From the Mountains to the Sea

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 shaped like pie slices called Ahupua'a (ah-who- pu-ah-ah.) Each Ahupua'a covered the three main regions of the islands: the mountains, the valleys, and the shore. This system was designed to allow all Hawaiian communities equal access to the limited natural resources of the islands. Students will recognize that an island has limited natural resources, will understand that the Ahupua'a system was one method for allocating resources, and complete a Cost/Benefit Analysis of this method. Students will also come up with own method for distributing Hawaii's natural resources and compare it with the Ahupua'a method.  

Grades: 3-5
Published: 10/28/2003

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.


Teaching Economics Using Children's Literature

This interdisciplinary curriculum guide helps teachers introduce their students to economics using popular children's stories.

Grades: 3-5
Published: 2006

23 out of 29 lessons from this publication relate to this EconEdLink lesson.

Financial Fitness for Life: Grades 3-5 - Teacher Guide

This publication contains 15 lessons that complement the 3-5 Student Workbook. Specific to grades 3-5 are a variety of activities, including a guessing game using clues to identify various occupations; the story Urban Mouse and Rural Mouse which teaches students about entrepreneurs and opportunity recognition; and a role-playing activity in which students learn which method of payment is appropriate in a variety of situations.

Grades: 3-5
Published: 2010

10 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

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