Students compare the Soviet-era marketplace with present-day Russian marketplace.
In this lesson students will make a decision making chart and use it to help them in deciding which flavor of Jelly beans to buy.
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.
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.
This interdisciplinary curriculum guide helps teachers introduce their students to economics using popular children's stories.
23 out of 29 lessons from this publication relate to this EconEdLink lesson.
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.
10 out of 17 lessons from this publication relate to this EconEdLink lesson.
This publication contains complete instructions for teaching the lessons in Choices and Changes, Grades 5-6. The Choices and Changes series is designed to help students understand how the U.S. economy works and their roles in the economy as consumers, savers and workers.
8 out of 15 lessons from this publication relate to this EconEdLink lesson.