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Funny Money or Phony Money?

Money is what we use to show what goods or services are worth. When you do work, you are paid...
Key Concepts: Markets and Prices
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The Mitten

This is a folktale retold by Jan Brett about a little boy whose grandmother knits him a pair of snow...
Key Concepts: Scarcity
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No Extra Room on the Mayflower

The students will explore the ideas of scarcity and choices by exploring a virtual model of the Mayflower. They will...
Key Concepts: Choice, Scarcity
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A Perfect Pet

The introduction to this lesson is a brief online story about a little girl’s visit to a pet store with...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Goods and Services…
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What is Scarcity?

In this economics lesson, students will categorize and prioritize their wants to explain scarcity.
Key Concepts: Decision Making/Cost-Benefit Analysis, Opportunity Cost, Scarcity
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We are Consumers and Producers

In this economics lesson, students learn how they and family members fulfill the roles of producers and consumers.
Key Concepts: Consumers, Goods and Services, Producers
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What is Competition?

Students will understand what businesses are, that a marketplace exists whenever buyers and sellers exchange goods and services, and that...
Key Concepts: Business Costs and Revenues, Consumers, Decision Making/Cost-Benefit Analysis…
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Big Banks, Piggy Banks

When choosing a place to put their money, people consider how safe their money will be, how easy it is...
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Choice…
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Clipping Coupons

In this lesson, students will calculate savings for different products when using coupons. They will also decide what factors will...
Key Concepts: Decision Making/Cost-Benefit Analysis, Incentive, Markets and Prices…
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Lean on Me -- We depend on each other!

The purpose of this activity is to demonstrate that the production of most goods can be broken down into a...
Key Concepts: Demand, Goods and Services, Specialization…
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The ABCs of Saving

In this personal finance lesson, students will learn about short and long term goals in order to be a successful...
Key Concepts: Opportunity Cost, Saving
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This Little Piggybank Went to Market

Students will learn that work is the source of income and that banks are places in which people save and...
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Economic Institutions…
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To Market To Market

This lesson will help students become good consumers and producers by taking turns buying and selling things in a classroom-created...
Key Concepts: Choice, Consumers, Decision Making/Cost-Benefit Analysis…
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The Little Red Hen

The Little Red Hen is a classic story for nearly all adults, and many children. Here it is retold and...
Key Concepts: Entrepreneurs, Goods and Services, Incentive
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What Are Incentives?

Students will understand that incentives are used to encourage them to make good choices. After identifying incentives offered at home...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Incentive
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Build Your Community

Students will learn about a variety of businesses and the service they provide to a community. They will build a...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis
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