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The Shoemaker's Tools

After hearing the story, "The Shoemaker and the Elves," the students will find the capital resources of the shoemaker's business.
Key Concepts: Goods and Services
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Is Globalization a Dirty Word?

Is globalization a dirty word? The shocking decision by Great Britain to leave the European Union seems to cast doubt...
Key Concepts: Balance of Trade and Balance of Payments, Benefits of Trade
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I Can Dream Anything!

After listening to the song, 'I Can Do Anything', students discuss services that people in the community perform. This lesson...
Key Concepts: Choice, Specialization
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Human Capital For Money

The first part of this lesson introduces students to the terms human capital, occupation, salary, and wages. Part two of...
Key Concepts: Division of Labor/Specialization, Goods and Services, Specialization
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Who Pays for City Hall?

The students take a virtual field trip to City Hall in this kid-friendly site. This beginning civics/economic lesson will introduce...
Key Concepts: Communities and Cities, Roles of Government
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Rumble, Grumble, Gurgle, Roar

This lesson is about wants. Little Penguin is hungry and she wants to eat. This story is about how Little...
Key Concepts: Goods and Services
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"Should You Learn to Fly?"

Students will define opportunity cost, and with this in mind students will list various career choices and salaries and calculate...
Key Concepts: Decision Making/Cost-Benefit Analysis, Fiscal Policy
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Norman Rockwell's 'Curiosity Shop'

Students will look at a picture that Norman Rockwell painted about a Curiosity Shop. A little girl looks like she...
Key Concepts: Trade, Exchange and Interdependence
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The Economics of Recycling

Students will review the legislation in Japan that requires all consumers to pay a fee for recycling large appliances.
Key Concepts: Demand, Incentive, Markets and Prices
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Vincent van Gogh's 'Flower Beds in Holland'

Students study a painting by van Gogh called, "Flower Beds in Holland." The students recognize that this farmer made a...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Scarcity
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Little Star's Problem

Little Star has a problem, she wants a best friend. Learn how Dora and Boots help Little Star solve this...
Key Concepts: Decision Making/Cost-Benefit Analysis
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Tricks for Treats

Students will recognize that people (and animals) will work for incentives.
Key Concepts: Choice, Incentive
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The Mystery of the Amazing Farmers

In this lesson you will be taking on the role of an an investigative reporter to solve the Amazing Farmer...
Key Concepts: Balance of Trade and Balance of Payments, Division of Labor/Specialization, Goods and Services
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What Do People Do?

Students will give examples of human resources that are producers, and identify goods and services produced by workers.
Key Concepts: Benefits of Trade, Goods and Services, Producers
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What Do Other People Want To Be?

In this lesson, students will graph people's job choices and identify which jobs would have the most competition based on...
Key Concepts: Division of Labor/Specialization, Economic Systems, Goods and Services
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A Fair Wage

Income for most people is determined by the market value of the productive resources they sell. What workers earn depends,...
Key Concepts: Balance of Trade and Balance of Payments, Budgeting, Business Costs and Revenues…
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Free Ride

Free Ride helps students identify goods and services provided by the government and evaluate the cost of government provided goods...
Key Concepts: GDP, Goods and Services, Roles of Government
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Delivering the Goods

Delivering the Goods K-2 Economics Lesson. In this lesson, students have the opportunity to complete an interactive activity that teaches...
Key Concepts: Goods and Services, Producers
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