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Related Online Lessons
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 | Dog Gone Job! Dog Gone Job! demonstrates how job specialization increases productivity Grade: K-2 Published: 04/04/2001 |
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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 Manual Grade: 2-4 Published: 2001 8 of the 18 lessons are related to this lesson. The top 5 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 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 ... Unit 2: Lesson 8 - The Work I Do Too often, children don't understand why they are in school. They begin to think about this more as they grow older. In this lesson, children learn that their activities in school are work, and thei... Unit 2: Lesson 9 - I Am a Bundle of Human Capital Students will recognize that they have many skills.
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 | Financial Fitness for Life: Pocket Power - Grades K-2 - Teacher Guide Grade: K-2 Published: 2001 6 of the 16 lessons are related to this lesson. The top 5 are listed below. Theme 1: Lesson 3 - What Is Money? This lesson focuses on two types of money -- paper money and coins. The students identify money and its value (ability to buy things) while participating in a money-matching activity. The students g... Theme 1: Lesson 1 - A Good Day for Money Students listen to a short story introducing them to Penny and Nicholas, the "Money Kids." Students discuss ways people receive money -- through earning income or receiving gifts. They construct "m... Theme 1: Lesson 2 - Working for Income Students discuss goods and services that satisfy people's wants, and they construct a spyglass to help them identify goods and services at school. They also construct "Box Town," a model business com... Theme 2: Lesson 5 - Why We Save Students create a banner depicting their own choices when a decision is made and an opportunity cost is incurred. Then the class learns about saving to satisfy a want. Finally students make and deco... Theme 3: Lesson 10 - We Plan for Spending Students construct traffic lights and use them in evaluating consumer decisions as planned or unplanned spending. Students discuss the costs and benefits of each decision.
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 | Master Curriculum Guides in Economics: Teaching Strategies - K-2 Grade: K-2 Published: 1993 5 of the 25 lessons are related to this lesson. They are listed below. Unit 4: Lesson 18 - The Baker Wants a Pair of Shoes Students sing an interdependence song and create their own new verses. Unit 4: Lesson 20 - Bulletin Board: Showcasing Specialists Students create a bulletin board of their artwork depicting themselves and others as specialized workers. Unit 4: Lesson 19 - Learning Center: School Connections Students learn that the school has specialized workers upon whom they depend while they are at school. Unit 4: Lesson 17 - Spotlight on Specialists Students specialize in producing goods and services as they prepare for specialized resource speakers. Unit 4: Lesson 16 - An Interdependent Bunch Students create a bunch of balloon grapes to illustrate the concept that they make a "great bunch" of interdependent workers.
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 | The Wide World of Trade Grade: 6-8 Published: 2003 4 of the 11 lessons are related to this lesson. They are listed below. Lesson 7: Mutual (and Comparative) Advantages Using numerical examples and bar graphs, students see why it benefits two countries to specialize in the production of one of two products and then trade with each other, even if one country has the r... Lesson 3: Everyone Is Interdependent In this lesson, students learn about resources from around the world that are used in the production of a specific product -- Hershey's Kisses. Students then determine the identity of a mystery produ... Lesson 2: Special Friends Pairs of students play the roles of two friends who have chores to complete before they can spend time together. Through trial-and-error, students discover the benefits of specialization and trade. ... Lesson 8: Something's in the Way The class is divided into two groups that participate in a simulation making two types of postcards. In the first round, each group specializes and then considers possible results from trading for th...
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 | Economics in Action: 14 Greatest Hits for Teaching High School Economics Grade: 9-12 Published: 2003 3 of the 14 lessons are related to this lesson. They are listed below. Lesson 13 - Comparative Advantage and Trade in a Global Economy Students observe or participate in a role-play situation in which one person is better at both of two activities. They complete a work sheet that leads to the conclusion that specialization and exchan... Lesson 6 - The Economic Way of Thinking: Three Activities to Demonstrate Marginal Analysis This lesson consists of three activities that demonstrate different applications of marginal analysis. You may use the activities separately or do them together in one class period. In the first activ... Lesson 8 - Productivity Working in small groups, the students participate in a production simulation to determine the effects of specialization on labor productivity, the division of labor, and investment in human capital an...
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 | Middle School World Geography: Focus on Economics Grade: 6-8 Published: 2004 1 of the 9 lessons are related to this lesson. It is listed below. Lesson 6 - Joining Together That Which Has Drifted Apart In this lesson, the students learn about the physical forces that move people on different continents further apart and the economic forces that bring them together. They read about the formation and ...
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 | Exploring the Marketplace: The Community Publishing Company - Teacher Resource Manual Grade: 3-4 Published: 1989 4 of the 35 lessons are related to this lesson. They are listed below. Lesson 11: The Badge Factory The students participate in a production-line simulation. They produce a badge that will be given to the people they interview and to those who buy their books. The students discover the need for sp... Lesson 29: The Production Process Students produce their class book and thereby experience first-hand how people specialize and cooperate in a business. The children discuss the results of the production process and relate the experi... Lesson 28: Preparation for Production This lesson prepares the class for assembling the books. You will review the steps in production with the class. The students will then develop a list of rules for the workers to follow. At the con... Lesson 27: Job Application The students discuss the jobs on the production line that will be necessary to produce the books. They consider personal strengths and abilities that would qualify them for particular jobs. They als...
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 | Choices & Changes: In Life, School, & Work - Grades 5-6 - Teacher's Resource Manual Grade: 5-6 Published: 2001 1 of the 15 lessons are related to this lesson. It is listed below. 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 ...
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