Curated OER
Market Before You Produce
For this vocational worksheet, students answer nine questions about a product they could market and determine if it meets customer needs.
Curated OER
The Basic Questions: What, How, and For Whom?
Students review the various types of economic systems. As a class, they identify the three basic economic questions: what?, How?, and For Whom?. Using capitalism as an economic system, they discuss how each question is answered.
Purdue University
What a Waste of Food!
Follow the life of an apple from harvest to the consumer. A three-part lesson describes the different steps to get an apple from the farmer to your kitchen and the approximate waste that happens at each step. They discuss the process and...
Curated OER
Child Labor
Students examine how how groups and institutions work to meet individual needs and promote the common good, and identify examples of where they fail to do so. They describe how workers with specialized jobs and the ways in which they...
Curated OER
Economics: Products of South Louisiana
Students explore the economy of Louisiana. In this economics lesson, students examine the roles of farmers, processors, and distributors in food production and consumption. Students use flip cameras to record how selected products are made.
Curated OER
Stone Fox and Economics
Students read the novel Stone Fox and review economic concepts including income, goods, and services. They define the following terms: capital, credit, credit risk and summarize their reading by reading several chapters at a time. They...
Curated OER
Off to Work We Go
First graders distinguish between jobs that provide goods and those that provide services. They role-play jobs and analyze whether their job provides services or produces goods. They draw pictures and write a description of a job in each...
Curated OER
Agriculture Pays
Second graders role play one of the jobs related to agriculture and explain their role in getting one of the five "f's" of agriculture to the consumer. In this agriculture lesson plan, 2nd graders are assigned a role and a commodity. ...
Curated OER
What Is Actually Bought and Sold?
Economics students can use this packet to better grasp the concept of changes in supply and demand by reading about marketing, products, and elasticity. There are 3 tasks for students to complete, each based on the content of a...
Curated OER
Who Works for Nonprofit Organizations? (6-8)
Students explore career opportunities in the nonprofit sector. For this career exploration lesson, students listen to guest speakers who work for nonprofit organizations explain their jobs. Students also examine the role of nonprofit...
Curated OER
Gross Domestic Pizza
Middle schoolers explore major components of gross domestic product (GDP) and how it is determined; students create and compare GDP pie charts for the countries of Pepperonia and Anchovia.
Council for Economic Education
Specialization and the Decathlon
Michael Phelps, the economist? Scholars research the economic advantages of specializing in one kind of service, and how it relates to athletes doing the same in their respective sports. They evaluate absolute advantage, production, and...
Curated OER
The Goat in the Rug
Students define productive, capital, human and natural resources and intermediate goods, then classify these things by how they are used in a production process. In this resources/goods lesson plan, students listen to the story The Goat...
Curated OER
Market Day Adventure
Second graders participate in the Market Day project. They produce goods, market goods, and earn money to buy goods.
University of Nebraska
Why Do I Want All This Stuff?
How do advertisers influence consumers? The big idea here is that once consumers understand the factors that influence their desire for a product or service, they are better able to consider substitute and/or complementary products.
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...
Curated OER
Arkansas: A Natural State
Here is a wonderful lesson plan on natural resources found in Arkansas which is designed for kindergartners. The lesson plan could be easily adapted for any state. Some clever in-class activities, games, and a song are included in this...
Curated OER
Why do Countries Trade?
Students explore trading among countries. They participate in a trading simulation designed to illustrate a complex marketplace in which goods and services are traded.Pupils use this experience to investigate the conditions that...
Curated OER
Production: Specialization and Division of Labor
Third graders select a product to produce. In teams, pupils participate in hands-on activities to explore the concept of specialization. They discover the differences between a division of labor and independent production. Classmates...
Global Oneness Project
Deconstructing Consumerism
To increase awareness and launch a discussion of consumerism, class members view What Would It Look Like, a 25 minute film of images that capture the global effects of the consumption of goods. Viewers make a list of the images that they...
Curated OER
To Market to Market
Fourth graders research a product and participate in an integrated simulation of a free market economy where students will create, buy and sell a good or service. In completing this activity, 4th graders understand the concepts and...
Curated OER
Popcorn Economics
Students examine the concept of scarcity. In this economics lesson, students define scarcity and take part in an activity that illustrates the concept as it relates to goods and services.
Curated OER
Landforms
Pupils begin their examination of landforms. Using a map, they locate and identify the major landforms on Earth. They discuss how landforms affect the lifestyle of the community and determine which goods and services the community produces.
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.