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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

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

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

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Choices & Changes: In Life, School, & Work - Grades 2-4 - Teacher's Resource Manual Grade: 2-4   Published: 2001 2 of the 18 lessons are related to this lesson. They are listed below. 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 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 3: Lesson 15 - Teaching Others Builds Human Capital Students will see the power that a teacher has to help others and connect teaching and learning. Unit 3: Lesson 14 - Practice Students will become accustomed to practice as part of the learning process. Unit 3: Lesson 13 - Learning to Produce Students will increase their self-confidence by discovering their ability to learn skills.

Exploring the Marketplace: The Community Publishing Company - Teacher Resource Manual Grade: 3-4   Published: 1989 8 of the 35 lessons are related to this lesson. The top 5 are listed below. Lesson 8: Mini-Mall Students participate in a market simulation. They assume the roles of consumers and producers as they buy and sell goods and/or services in the marketplace. Lesson 9: Visiting a Business A study trip can enhance the learning value of this unit by providing students with an opportunity to observe a business. When planning the trip, try to select a business such as a bookstore; a shop ... Lesson 32: Choice Making Once the books have been sold, the class decides what to do with the money left over (if any) after paying back the loan or credit and any other expenses incurred in the business. The teacher emphasi... Lesson 10: The Pencil Choice In this lesson the students assume the role of consumers and choose among three pencils. They discuss wants, acceptable substitutes, and other factors that influence consumer decisions such as price,... Lesson 4: Communities Today Students study how resources change in communities by comparing the maps of Communityville. This lesson summarizes the two previous map lessons and helps students become familiar with the suppliers of...

Choices & Changes: In Life, School, & Work - Grades 5-6 - Teacher's Resource Manual Grade: 5-6   Published: 2001 7 of the 15 lessons are related to this lesson. The top 5 are listed below. Unit 1: Lesson 2 - How Can I Improve My Human Capital? Students read about the experiences of Prince Henry the Navigator of Portugal 600 years ago. He organized a way to improve human capital, enabling him to accomplish his goals and enabling others to s... Unit 1: Lesson 1 - What If I Do Not Have the Skills and Knowledge I Need to Produce? Teams of students use their limited knowledge to accomplish a challenging task. Most of the student teams will not be successful until they acquire the necessary knowledge. The students read one of ... Unit 5: Lesson 14 - How Can I Overcome Obstacles to Achieve My Goals? Students play The Road to Success game. While playing the game, they identify obstacles and ways to overcome obstacles to achieve a goal. They identify the incentives they respond to when they make ... 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 ... 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 ...

Financial Fitness for Life: Steps to Financial Fitness - Grades 3-5 - Teacher Guide Grade: 3-5   Published: 2001 5 of the 16 lessons are related to this lesson. They are listed below. Theme 3: Lesson 6 - Consumers Want Goods and Services This lesson focuses on consumer spending decisions that students make and the different roles they assume in making those decisions. The activities establish a rationale for studying personal finance... 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... Theme 3: Lesson 7 - To Choose is to Refuse In this lesson, students use the concept of opportunity cost to help decide which wants to satisfy with their limited income. Practicing decision making helps build consumer skills and develop an und... 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 2: Lesson 5 - Why? How? Where? This lesson provides some practical activities to extend students' understanding about how to make saving choices. Children set a goal, determine a strategy for saving, and decide how they will save ...

Your Credit Counts Challenge: Trainer's Guide Grade: 7-adult   Published: 2004 1 of the 6 lessons are related to this lesson. It is listed below. Section 6: The Basics of a Market Economy Participants will identify the characteristics of people who build wealth. Participants will recognize the primary features of a market economy including voluntary exchange, private ownership, a pric...

Master Curriculum Guides in Economics: Teaching Strategies - K-2 Grade: K-2   Published: 1993 4 of the 25 lessons are related to this lesson. They are listed below. Unit 3: Lesson 11 - Alligator Annie and the Scarcity Adventure Students help Alligator Annie solve scarcity problems in her around the world adventures. Unit 3: Lesson 14 - Learning Center: Choice Train Students practice making choices and identifying their opportunity costs as they fill their wants from the Choice Train cars. Unit 3: Lesson 12 - Opportunities for Appreciation Students learn about choice and opportunity cost as they use their scarce resources to produce gifts of appreciation for workers in their school. Unit 3: Lesson 15 - Bulletin Board: Scarcity Balloon Trip Students take a make-believe balloon trip to places far away as they create a bulletin board display depicting scarcity and opportunity cost.

Economics in Action: 14 Greatest Hits for Teaching High School Economics Grade: 9-12   Published: 2003 1 of the 14 lessons are related to this lesson. It is 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...

Choices & 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.

Mathematics & Economics: Connections for Life - 9-12 Grade: 9-12   Published: 2001 1 of the 15 lessons are related to this lesson. It is listed below. Lesson 7: The Mathematics of Nonlinear Economic Shapes: The Production Possibilities Curve Because the resources (such as raw materials, minerals, energy, labor, equipment, machinery, etc.) that are used to produce goods and services are limited in their availability, we cannot have all tha...

Financial Fitness for Life: Pocket Power - Grades K-2 - Teacher Guide Grade: K-2   Published: 2001 1 of the 16 lessons are related to this lesson. It is listed below. 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 ...