Teachers, you can now register your students for TWO NATIONAL COMPETITIONS this spring—our National Personal Finance Challenge (financial stability/mobility) and our National Economics Challenge (micro/macroeconomics).

Grade 3-5

Scarcity – Playful Economics | Lesson Demo

Updated: February 8 2016,



Open Video

Shanan Riegle, an award-winning teacher from Yorktown Elementary School in Indiana, demonstrates how to use play dough to teach the concept of scarcity to her 5th grade students using a lesson from Playful Economics by Dr. Harlan Day. Playful Economics is a collection of 15 hands-on lessons that use modeling clay to teach economic concepts from goods and services to GDP and inflation. For more information or to purchase this publication, please visit CEE’s store.