Related Online Lessons

A Rooster and a Bean Seed In this lesson, students hear a folk tale and participate in a simulation that helps them recognize problems with barter and benefits of monetary exch... Grade: K-2 3-5    Published: 03/17/2003

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: Barter for Fish & Poi In ancient Hawaii, chiefs managed the economy by creating a land division system, the Ahupua'a, which divided the islands into pie slice shapes. Ea... Grade: 3-5    Published: 11/10/2003

No Funny Money, Honey....I Want the Real Thing! Do you know what funny money is? It's NOT the real thing! Find out how our government tries to make our money hard to copy in this lesson about r... Grade: K-2 3-5    Published: 07/02/2003

A Perfect Pet The introduction to this lesson is a brief online story about a little girl’s visit to a pet store with her father. She considers several pets b... Grade: K-2 3-5    Published: 10/14/2004

Related Print Lessons

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 4: Lesson 18 - The Labor Market: My Human Capital Pays Off Students will envision themselves as future workers, business owners or managers, professionals, or entrepreneurs. Unit 4: Lesson 17 - Markets and Exchange Students will feel empowered when they make voluntary exchanges. Unit 4: Lesson 16 - Entrepreneurs and the Interdependence of Buyers and Sellers People often think of themselves as consumers, but not as producers. In this lesson, students will meet business owners, managers, and entrepreneurs so that they can identify with them and perhaps as... Unit 2: Lesson 7 - Goods and Services, Work and Workers Both men and women do work and it is done in the home and outside the home. In this lesson, students begin to understand and value work in all of its forms. Unit 2: Lesson 9 - I Am a Bundle of Human Capital Students will recognize that they have many skills.

Financial 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 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 2: Lesson 6 - How We Save The class hears a story about Nicholas's family during a time of unexpected financial emergency. Students experience scarcity as they try to fit everything they want into a pocket. They learn about ... 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 3: Lesson 11 - Ads Make Us Spend Students examine various forms of advertising and discover why companies advertise their products. They watch television commercials to answer questions about products advertised and consumer wants. ... Theme 4: Lesson 12 - We Are Borrowers Students experience borrowing time for a playtime activity and repay the borrowed time the next day. They analyze the borrowing decisions of Penny, Nicholas, and their classmates, and they determine...

Master Curriculum Guides in Economics: Teaching Strategies - K-2 Grade: K-2   Published: 1993 3 of the 25 lessons are related to this lesson. They are listed below. Unit 5: Lesson 21 - His Barter is Worse Than His Bite! Students read the story of Dan Dog and his want for a toy bear as they learn that when people trade, they expect to be better off as a result. Unit 5: Lesson 22 - Birthday Barter Students exchange make-believe birthday presents as they learn that people can trade by barter or with money and that money makes trade easier. Unit 5: Lesson 24 - Puppet Show: Pinky's New Bow Tie Students produce a puppet show as they review the economic concepts from Lesson 1-23.