Students learn about opportunity cost, saving, savings goals and a savings plan by reading The Pickle Patch Bathtub. Students will develop savings plans that lead to their own savings goals. more »
Grades: 3-5 | Source: Federal Reserve Bank of St Louis | Type: lesson

After reading and discussing a story about a family during the Great Depression, students differentiate between goods, services, barter, and money. Students are led through several rounds of a barter activity that incorporates m... more »
Grades: 3-5 | Source: Federal Reserve Bank of St Louis | Type: lesson - children's literature

Students will participate as children of colonial farmers in a simulation of a market. They will first barter, exchanging the goods they “produced” for other goods. Then, in a second round, they will trade again, using money as th... more »
Grades: 3-5, 6-8 | Source: EconFun | Type: lesson

Think about a difficult decision you have had to make. After you decided did it work out? Why or why not? Why do you think decisions and choices are hard to make? We make personal decisions and we make decisions as groups. There i... more »
Grades: 3-5 | Source: Council for Economic Education (EconEdLink) | Type: Lesson

The Inuit people of northern Canada provide an example of a traditional economy. For thousands of years, Inuit parents have taught their children the survival skills needed to survive in the Arctic Circle's severe climate. Studen... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson

A little mouse shows up at a young man's house. The young man gives the mouse a cookie and starts a chain of events. Learn about unlimited wants, and goods and services. more »
Grades: K-2 | Source: EcEdWeb | Type: Lesson

Students observe the teacher produce a paper taco and produce their own paper tacos following the process demonstrated by the teacher. Students learn about the productive resources—human resources, natural resources, and capit... more »
Grades: 3-5 | Source: Federal Reserve Bank of St Louis | Type: lesson - children\'s literature

Students listen to a story written in rhyme about a bunny that has a lot of money in her piggy bank. Students distinguish between spending and saving and goods and services. They play a matching game to review the content of the... more »
Grades: K-2, 3-5 | Source: Federal Reserve Bank of St Louis | Type: lesson - children's literature

In this lesson, students receive raw data to construct a Lorenz Curve and calculate the Gini Coefficient. This lesson prepares AP Microeconomics students for the Advanced Placement exam. The teacher will briefly interpret the Gini... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson

Advertisements can tell consumers about prices and other information that may help them in the decisions they make about what to buy. But students also should know that ads are slanted by sellers to show a product in the best ligh... more »
Grades: 3-5, 6-8 | Source: Council for Economic Education (EconEdLink) | Type: Lesson

One of the most common replies given by parents when their children ask for money is "Do I look like I'm made of Money?" This lesson is designed to educate students about the need for money as a generally accepted medium of exchan... more »
Grades: 3-5, 6-8 | Source: Council for Economic Education (EconEdLink) | Type: Lesson

This lesson focuses on the April 30, 2010, first (advance) estimate of U.S. real gross domestic product (real GDP) growth for the first quarter (Q1) of 2010, as reported by the U.S. Bureau of Economic Analysis (BEA). The current d... more »
Grades: 9-12 | Source: Council for Economic Education (EconEdLink) | Type: Lesson

Investigates the notion that when consumers buy stock in businesses or purchase the products that those businesses produce, they are casting a vote for that business or product, and against the business or products of competitors.... more »
Grades: 6-8, 9-12 | Source: MacNeil/Lehrer Productions | Type: Lesson

In this lesson, students hear a folk tale and participate in a simulation that helps them recognize problems with barter and benefits of monetary exchange. more »
Grades: K-2, 3-5 | Source: Council for Economic Education (EconEdLink) | Type: Lesson

Cards, Cars and Currency is a curriculum unit that challenges students to become involved in three specific areas of personal finance: credit cards, debit cards and purchasing a car. The unit is divided into five lesson plans. The... more »
Grades: 6-8, 9-12 | Source: Federal Reserve Bank of St Louis | Type: lessons

Every day, students are bombarded by advertising. They cannot escape it. But marketers realize that many people, especially young people, are becoming very good at tuning ads out. Businesses thus are becoming more creative in their ... more »
Grades: 3-5, 6-8 | Source: Council for Economic Education (EconEdLink) | Type: Lesson

Learners are given advice on how they can earn extra money by becoming an entrepreneur. After investigating several web pages that offer examples of what other people their age have done to earn money, students identify three mone... more »
Grades: 3-5, 6-8 | Source: Council for Economic Education (EconEdLink) | Type: Lesson

Students will be introduced to the PACED Model and learn to use the parts of the model-- Problem, Alternatives, Criteria, and Evaluation- - in solving problems and making decisions. They will practice using the model in decisions ... more »
Grades: 3-5 | Source: Council for Economic Education (EconEdLink) | Type: Lesson

Students will investigate the concept of total cost of ownership. They will brainstorm the costs of owning a dog or a cat. Students will calculate the total cost of ownership to help determine which might be the best pet for them. more »
Grades: 3-5 | Source: Council for Economic Education (EconEdLink) | Type: Lesson

There are many ways in which people are rewarded or penalized for doing, or not doing, their work. These are known as "incentives." more »
Grades: 3-5 | Source: Council for Economic Education (EconEdLink) | Type: Lesson