Did You Get the Message?
Advertising is the primary tool used by businesses to tell consumers about the goods and services they sell in the marketplace. Businesses also use ad...
Grade: 3-5 6-8    Published: 06/15/2006


Why do we need money? Think about Ebay!
The students investigate money--its purpose and functions. They complete an exercise, using the online acution site Ebay, to learn why money is critic...
Grade: 6-8 9-12    Published: 01/12/2006


Agent Pincher: The Case of the UFO
Agent Pincher: The Case of the UFO--Unfamiliar Foreign Objects. That is what currency from another country may look like. Sometimes when people first...
Grade: 6-8    Published: 09/09/2005


You Can BANK on This! (Part 1)
Banking should not be confusing. It should be INTERESTing! Most students in the elementary grades would love to know more about checking accounts, AT...
Grade: 3-5    Published: 09/06/2005


What Face do you Use?
The students will recognize that in order to facilitate the exchange of goods and services, most nations create currency for use as money. They will e...
Grade: 3-5    Published: 05/24/2005


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.

Your Credit Counts Challenge: Trainer's GuideYour Credit Counts Challenge: Trainer's Guide
Grade: 7-adult   Published: 2004
2 of the 6 lessons are related to this lesson. They are listed below.


Section 2: Financial Institutions
Participants identify the advantages and disadvantages of using financial services from alternative financial institutions and services from mainstream banks. Participants identify the services provi...
Section 3: Managing Credit
Participants will identify the advantages and disadvantages of using credit. Participants will recognize what credit is, what it costs, and the basic steps involved in obtaining credit. Participants...

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
4 of the 16 lessons are related to this lesson. They are listed below.


Theme 4: Lesson 14 - We Owe Money
Students assume the role of the Wild Wanter and determine the amount of credit needed to satisfy their wants when income is limited. They construct a Pay Box to show some of the ways consumers pay fo...
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 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 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.

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
3 of the 16 lessons are related to this lesson. They are listed below.


Theme 3: Lesson 10 - Why Do I Want All This Stuff?
In this lesson, students learn about various types of advertising appeals, such as bandwagon, celebrity endorsement, and authority endorsement. They analyze ads to decide the audience to which the ad...
Theme 3: Lesson 8 - How Would You Like to Pay?
In this lesson, students are introduced to various methods of payment, such as cash, check, debit card, money order, and credit card. They learn some of the advantages and disadvantages of each metho...
Theme 3: Lesson 11 - This One or That One?
In this lesson, students consider various factors that are important in comparison shopping. They compare prices and other factors for a particular product in order to make a decision.

Mathematics & Economics: Connections for Life - 6-8Mathematics & Economics: Connections for Life - 6-8
Grade: 6-8   Published: 2002
2 of the 12 lessons are related to this lesson. They are listed below.


Lesson 2 - Vacation Vexation
In this lesson, the students listen to the story of an American girl who is planning a trip to Mexico. They learn about foreign exchange and compare exchange rates to determine if one currency has app...
Lesson 1 - Happy Deal?
In this lesson, the students learn about currencies used in selected countries. They compare the prices of a Big MacĒ in different countries and convert the prices into U.S. dollars, using exchange ra...

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
3 of the 18 lessons are related to this lesson. They are listed below.


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 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.

Exploring the Marketplace: The Community Publishing Company - Teacher Resource ManualExploring the Marketplace: The Community Publishing Company - Teacher Resource Manual
Grade: 3-4   Published: 1989
5 of the 35 lessons are related to this lesson. They are listed below.


Lesson 21: Resources for the Publishing Company
In this lesson, you and your class begin to make decisions about the kid of book you will produce. The class also speculates on the resources necessary to produce the book and the cost of the resourc...
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 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 23: Production and Pricing Decisions
You and your class make the final decisions regarding the production costs and price of the book. The Market Survey results are discussed and analyzed to help make these decisions. The use of three ...
Lesson 22: Production Questions
In this lesson you and your class discuss the production questions that must be answered before a classroom book can be produced. As owners of the publishing company, your students must discuss how m...

The Wide World of TradeThe Wide World of Trade
Grade: 6-8   Published: 2003
1 of the 11 lessons are related to this lesson. It is listed below.


Lesson 10: Why Trade Money?
In this lesson, students imagine a visit to the Mall of the World, a large international mall with shops that are owned and operated by people in other countries. Students choose items to eat at the ...

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
1 of the 14 lessons are related to this lesson. It is listed below.


Lesson 14 - Exchange Rates: Money Around the World
Students participate in two auctions to demonstrate the determination of flexible exchange rates and the need for foreign currency to purchase goods from other countries. In the first auction, the stu...

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
1 of the 15 lessons are related to this lesson. It is listed below.


Unit 2: Lesson 6 - What Results When People Can Produce More?
Students become components of their circular flow model, representing the producer and consumer sectors, while making exchanges in resource and product markets. Productive resources, goods and servic...

 

 
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