Curated OER
Lemonade For Sale
2-3rd graders listen to the story, Lemonade for Sale, by Stuart J. Murphy. In the story, children produce and sell lemonade to raise money for their clubhouse, create a product, classify the resources used in production as natural...
Carolina K-12
Factors of Production and Economic Decision-Making
Class members begin this engaging economics activity by listing all the resources used in producing a car and using that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources, and...
Carolina K-12
Practice Test of Economics
From scarcity and supply and demand to entrepreneurship and the stock market, here you'll find a multiple-choice assessment that includes 34 questions covering all the major concepts of a traditional economics course.
Center for Entrepreneurship and Economic Education
Popcorn Economics
Scarcity of resources is a fundamental economics concepts that kids need to understand. You'll use a large bag of popcorn to demonstrate this concept. Have the class come up row-by-row to fill their snack bags with popcorn. By the last...
Education Fund
Fear the Scarce Resources
In a life or death situation, what resources would you choose to survive—and why? A zombie attack simulation teaches learners the concepts of scarcity and resources in regards to economics. The hands-on activity requires individuals to...
Federal Reserve Bank
Investing in Yourself: An Economic Approach to Education Decisions
What is the difference between physical capital and human capital, and in which should you invest? While considering the concept of return on investment, take a look at the payoffs and consequences of investing in training and education.
Federal Reserve Bank
What Are the ‘Ingredients’ for Economic Growth?
Delve into the concept of economic growth with your class members, including why economic growth is important, what causes it, and how can countries encourage it.
Federal Reserve Bank
Messy Bessey's Holidays
Teach your class some fairly complex terms—factors of production, human resources, capital resources, natural resources, and intermediate goods—with a storybook (Messy Bessey's Holidays), plenty of visuals and handouts, and related...
Curated OER
Three Little Pigs: Human, Natural and Capital Resources
First and second graders will learn about natural, capital , and human resources through the story The Three Little Pigs. They will listen to the story, write down what they know about straw, wood, and brick, then complete a chart...
Curated OER
Being Resourceful: Wisconsin quarter reverse
If your class understands goods and services then they'll be ready for this lesson on various resources. After reading a series of books and engaging in class lecture and discussion, pupils will fill out worksheets. They will list...
Carolina K-12
Sample Test: Economics
From scarcity and marginal benefits and costs to economic systems and GDP, this 22-question multiple choice test covers some of the most fundamental concepts of economics.
Curated OER
An Introduction to Modern Economics
Practice reading comprehension with this informational economics worksheet. Learners read a 2-page explanation of the beginnings of modern economics and how it plays a role in society. This reading discusses natural, human and capital...
Federal Reserve Bank
Sky Boys: How They Built the Empire State Building
How tall is the Empire State Building? Lead your class through a collaborative estimation activity to determine the number of quarters it would take to reach the top and teach the following concepts: human capital, human resources,...
Carolina K-12
Comparing Economic Systems
How do people make decisions in a world where wants are unlimited but resources are not? How do individuals and governments utilize scarce resources (human, natural, and capital) in different economic systems? Introduce your learners to...
Council for Economic Education
The Economics of Income: If You’re So Smart, Why Aren't You Rich?
If basketball players make more than teachers, why shouldn't learners all aspire to play in the NBA? Unraveling the cost and benefits of education and future economic success can be tricky. Economic data, real-life cases, and some...
Federal Reserve Bank
Arts and Economics Infographic Questionnaire
How do careers in the arts contribute to America's gross domestic product? Use an informative infographic that details the economic details of careers in the core arts, including design services, performing arts, and arts education, to...
Curated OER
Foreign Economics
Why do so many countries export cars? Economists examine this and other foreign economics principles through this introductory worksheet. A brief text explains international trade, then lists the top 11 leaders in global trade, along...
Curated OER
Reforming the Industrial World: The Industrial Revolution leads to economic, social, and political reforms.
The Industrial Revolution brought many changes to American and European economy and politics. Cover the causes and effects of social reforms after the rise of Industrialization. Topics include laissez-faire, economics, socialism,...
Council for Economic Education
Teaching Economics Using Children's Literature
Introduce young learners to the subject of economics using their favorite stories and books. Including 24 separate lessons, this guide covers economic principles such as trade, scarcity, consumer goods and services, renewable and...
Winston-Salem Forsych County Schools
Economics Worksheet Economic Systems and Circular Flow
Agribusiness, human capital, productivity. Find out what your class members know about economic systems and terminology with this two-page economics instructional activity that that asks kids to identify terms and concepts.
Curated OER
Capital for Cookies
Fourth graders find the meaning for capital, land, labor and enterprise and relate them to economics of a place. In this economics lesson, 4th graders form a company to make an agricultural product and look for the resources they will...
Los Angeles Unified School District
Capitalism and Socialism
Capitalism, socialism, communism ... these may seem like a whole bunch of isms to your scholars. High schoolers won't confuse them after completing an informative resource. Your class masters how to use primary sources to critically...
Curated OER
Chapter 39: The Economics of Developing Countries
The disparity between the standards of living in industrialized countries versus developing countries has gotten wider - and this presentation can help your class learn why. With a multitude of key definitions and facts, these slides go...
Curated OER
Comparison of Economic Systems
Here is a worksheet in which learners identify and compare economic systems (market, command, mixed, etc.) with 18 fill-in-the-blank questions and a graphic organizer.