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Unit Plan
University of Missouri

Money Math

For Teachers 5th - 8th Standards
Young mathematicians put their skills to the test in the real world during this four-lesson consumer math unit. Whether they are learning how compound interest can make them millionaires, calculating the cost of remodeling their bedroom,...
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Lesson Plan
Curated OER

Grappling with Trade-Offs

For Teachers 9th - 12th
High schoolers are divided into groups representing different departments of the United States government. They identify the goals and needs of their department. They present their information to the class and answers comprehension...
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Lesson Plan
Curated OER

Permit Trading

For Teachers 9th - 12th
Emerging environmentalists work in groups and pretend that each is a power company generating electricity for a community. They consider the costs of building a renewable electricity generator that will increasingly replace generating...
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Lesson Plan
Curated OER

Fair Exchange

For Teachers 2nd
Emma and her brother Sam exchanged some money. Was it a fair trade? Have your learners discuss all of the possibilities for the problem given. Consider having a sheet on the overhead or interactive board that provides all of the coin or...
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Lesson Plan
Curated OER

Production and Trade

For Teachers 3rd - 6th
Students discuss production and trade. In this business lesson, students read the book Ox-Cart Man and identify the traits of entrepreneurs. Students discuss ways a person can improve their job performance.
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eBook
Federal Reserve Bank

Once Upon a Dime

For Students 6th - 12th Standards
The story of "Once Upon a Dime" starts like any other fairy tale, but it quickly becomes a story about the value of money and the economic system commonly used before it. Presented as a cartoon, the resource consists of dialogue between...
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Lesson Plan
Curated OER

Fair Trade

For Teachers 5th - 7th
Students study the story of Philip Knight and Nike as they examine the issue of free trade. They role play characters from Thailand as they examine workers issues.
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Lesson Plan
Curated OER

Currency and Exchanges Rates

For Teachers 7th
Seventh graders examine currency rates. In this exchange rate lesson, 7th graders visit selected websites to determine the exchange rates between specified currencies.
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Lesson Plan
Curated OER

Saturday Sancocho

For Teachers 2nd - 5th
Students barter with each other in order to get ingredients to make chicken sancocho. In this trading lesson plan, students read a story about a family in Central or South America who have to barter to get their needs. Then students try...
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Lesson Plan
Curated OER

Clothes from Grain: A Miracle or a Problem?

For Teachers 9th - 12th
Young scholars read fables about entrepreneurs who buy grain and turn it into clothing, or resell the grain and use the proceeds to import clothing. They use the fables to determine why people trade, and to analyze costs and benefits of...
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Lesson Plan
Curated OER

Tarantula Shoes

For Teachers 9th - 12th
Learners read a book about Ryan O'Keefe, a young man who wants a pair of basketball shoes promoted by a basketball star. They explore about spending, saving, opportunity cost, and trade-offs as they study Ryan's decisions throughout the...
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Lesson Plan
Curated OER

Deena's Lucky Penny

For Teachers 1st - 3rd
Students discover the coin denominations of U.S. Currency.  In this money lesson, students read the book Deena's Lucky Penny, then complete a coin matching activity using the Internet.  Students also read Shel Silverstein's poem...
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Lesson Plan
Council for Economic Education

One is Silver and the Other's Gold

For Teachers 6th - 12th
Learners investigate the money supply and how it can affect the value of money. They examine how the changing money supply can affect prices.
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Lesson Plan
Curated OER

Diamonds Are Forever Fueling Civil Wars

For Teachers 6th - 12th
Young scholars explore the failures of the UN embargo on conflict diamonds from Sierra Leone. They participate in a trading game to explore the international trading system and the ways in which it rewards and punishes countries.
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Lesson Plan
Curated OER

What is Money? Learn the Role of Money in a Free Market System

For Teachers 6th - 8th
Middle schoolers view a seashell and listen as the teacher explains that these were sometimes used as money. They listen as the teacher lectures on medium of exchange, barter, and commodity. Students determine the number of chickens it...
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Lesson Plan
Council for Economic Education

I'll Trade You a Bag of Chips, Two Cookies, and $60,000 for Your Tuna Fish Sandwich

For Teachers 9th - 12th
If you are looking for a great lesson on supply, demand, market price, demand curves, and data analysis look no further. With glossary definitions, activities, and web lined resources this lesson is a winner.
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Activity
NOAA

Your Own El Nino

For Students 3rd - 5th Standards
Scholars make a model to discover how the force of trade winds over the Pacific Ocean creates an El Niño. Super scientists observe how the severe weather affects life in water and on land. 
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Lesson Plan
Curated OER

Understanding Fair Trade

For Teachers 4th
Fourth graders investigate the idea that anyone who works hard makes a lot of money. In this cocoa farming lesson, 4th graders understand the processes involved in cocoa farming and the profits gained by doing it.
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Lesson Plan
Curated OER

I Have No Money, Would You Take Wampum

For Teachers 4th - 5th
Students engage in a discussion about their experiences with goods, services, and money.  In this bartering lesson, students read The Wampum Bird story and brainstorm their personal experiences with economics.   
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Lesson Plan
Curated OER

Barter and Trade

For Teachers 9th - 11th
Students explore the concepts of bartering and trading. In this algebra activity, students barter with each other for different items. They use special cards to designate ownership of an item as they explore the complexity of bartering.
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Lesson Plan
Curated OER

Medieval Money

For Teachers 9th - 12th
High schoolers investigate the history of money as it was back then compare to now. In this algebra lesson, students analyze the type of money used in medieval times, the value of the currency and the coins used. They make a budget using...
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Lesson Plan
Curated OER

Money Matters: The Importance of Global Cooperation

For Teachers 9th - 12th
High schoolers explore the International Monetary Fund (IMF). In this global economics lesson, students prepare for a field trip to the IMF as they examine the history of the IMF and their role in global trade.
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Lesson Plan
Curated OER

Money Matters: The Importance of Global Cooperation

For Teachers 10th - 12th
Students prepare for a visit to the International Monetary Fund (IMF). In this lesson students create a concept map of money. They discuss the goals of the IMF. Students research countries currently changing into market economies. After...
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Lesson Plan
Curated OER

Cultural Exchange (Salem)

For Teachers 7th - 8th
Students view the photo of the The Tea Trade Painting and discuss what they see. They will then discuss what went into the beginning of a major sea voyage. Next they explore routes traveled by the New England traders. They study sailing...