If I Ran the Zoo - Economics and Literature
Welcome to the Zoo! In this two-day lesson you will use Dr. Seuss' If I Ran The Zoo book to introduce the economic concepts to your students. You will...
Grade: 3-5    Published: 05/21/2003


You Can BANK on This! (Part 2)
As in the first 'You Can BANK on This,' you will learn that banking should not be confusing - it should be INTERESTING! Lesson Two will continue lear...
Grade: 3-5    Published: 06/20/2005


Toys for Me: A Lesson on Choice
Students encounter the concept of scarcity in their daily tasks but have little comprehension as to its meaning or how to deal with the concept of ...
Grade: K-2 3-5    Published: 04/21/2004


Hawaiian Economics: From the Mountains to the Sea
Ancient Hawaii was ruled by chiefs, who were responsible for the well-being of their people and for managing the islands' resources. The chiefs divide...
Grade: 3-5    Published: 10/28/2003


You Decide!
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 ar...
Grade: 3-5    Published: 07/18/2003


Related Print Lessons


The following lessons come from the Council for Economic Education's library of print publications. Clicking the publication titles will take you to the Council for Economic Education Store for more detailed information.

Choices & Changes: In Life, School, & Work - Grades 2-4 - Teacher's Resource ManualChoices & Changes: In Life, School, & Work - Grades 2-4 - Teacher's Resource Manual
Grade: 2-4   Published: 2001
5 of the 18 lessons are related to this lesson. They are listed below.


Unit 1: Lesson 1 - Scarcity
It is a paradox that people who learn to accept and deal with scarcity often achieve much more than those who don't accept it. The inability to deal with scarcity leads to problems with money, educat...
Unit 1: Lesson 4 - Choice
In this lesson, students should recognize that they have the power to choose and that they do make many choices. Many people feel powerless because they think they don't make choices.
Unit 1: Lesson 5 - Opportunity Cost
In this lesson students will: Recognize the importance of identifying the opportunity cost of a potential choice; Use the concept of opportunity cost before making decisions; Avoid using the word "fre...
Unit 1: Lesson 2 - Alternatives
In working on Choices and Changes, students should learn that they can ordinarily respond to events in their lives by alternative means, and that it is up to them in these cases to find an alternative...
Unit 1: Lesson 3 - Alternatives Have Advantages and Disadvantages
In this lesson students will: Realize that alternatives have advantages and disadvantages; Accept responsibility for advantages and disadvantages of alternatives selected; And identify the advantages ...

Economics in Action: 14 Greatest Hits for Teaching High School EconomicsEconomics in Action: 14 Greatest Hits for Teaching High School Economics
Grade: 9-12   Published: 2003
2 of the 14 lessons are related to this lesson. They are listed below.


Lesson 2 - Economic Decision Making
Students brainstorm ways to allocate a scarce good within the classroom. Then they work with a decision-making model that helps them make a decision about this allocation by showing them how to evalu...
Lesson 3 - Using Economic Reasoning To Solve Mysteries
Students ponder an economic mystery: Why do professional athletes, many of whom never finish college, earn far higher salaries than people who perform worthy services such as teachers and firefighter...

Financial Fitness for Life: Pocket Power - Grades K-2 - Teacher GuideFinancial Fitness for Life: Pocket Power - Grades K-2 - Teacher Guide
Grade: K-2   Published: 2001
2 of the 16 lessons are related to this lesson. They are listed below.


Theme 3: Lesson 9 - We Decide to Spend
Students create want webs for a hamster and then for themselves. They experience spending money in exchange for goods and services when they use dimes to become consumers at a school carnival.
Theme 3: Lesson 8 - We Are Consumers
Students discover that they are consumers. As they fill their pockets with pictures of wants, students learn that consumers want both goods and services. As they try to help Nicholas choose a pet, a...

Financial Fitness for Life: Steps to Financial Fitness - Grades 3-5 - Teacher GuideFinancial Fitness for Life: Steps to Financial Fitness - Grades 3-5 - Teacher Guide
Grade: 3-5   Published: 2001
2 of the 16 lessons are related to this lesson. They are listed below.


Theme 2: Lesson 4 - The Grasshopper and the Ant
In this lesson, children use an adaptation of Aesop's fable, "The Grasshopper and the Ant," to learn about the trade-off between satisfying wants today and planning for the future. Children use the f...
Theme 3: Lesson 13 - Buddy, Can You Spare a Dime?
In this lesson, students role-play how they would respond to various lending situations and analyze how to make better decisions about lending. By assuming the role of lender, students will analyze t...

Choices & Changes: In Life, School, & Work - Grades 5-6 - Teacher's Resource ManualChoices & Changes: In Life, School, & Work - Grades 5-6 - Teacher's Resource Manual
Grade: 5-6   Published: 2001
2 of the 15 lessons are related to this lesson. They are listed below.


Unit 5: Lesson 13 - Why Should I Set Goals and Plan to Achieve My Goals?
Students create lists of their personal goals and prioritize the goals on their lists. They identify the goals that will require development of their human capital. They identify ways in which they ...
Unit 4: Lesson 10 - What Are the Advantages of Working with Others to Produce?
Students read historical fiction set in 1855 in the Oregon Territory. The story illustrates the results of people working interdependently. The students identify ways in which the characters in the ...

Choices & Changes: In Life, School, and Work - Grades 9-10 - Teacher's Resource ManualChoices & Changes: In Life, School, and Work - Grades 9-10 - Teacher's Resource Manual
Grade: 9-10   Published: 2002
1 of the 15 lessons are related to this lesson. It is listed below.


Unit 1: Lesson 1 - Making Choices
Students are introduced to the nature of choice making by confronting thorny problems individually and in groups.

 

 
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