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Economics for Lower Elementary

These sites help lower elementary students learn about basic economic concepts, such as goods, services, producers, and consumers. Resources include lessons, instructional activities, songs, and videos. Links to eThemes Resources: Economics, Economics: Basic Concepts, and Economics: Owning an Ice Cream Shop.

Grades

  • 1,
  • 2

Links

This lesson helps lower elementary students understand the difference between goods and services; includes lesson plan, activity, handout and link to Common Core State Standards. NOTE: This site requires you to register for a free account. NOTE: This site includes ads. NOTE: This site includes a discussion board (message board, forum, etc.).
This lesson is designed to teach lower elementary students about consumers and producers; includes lesson plans and link to Common Core State Standards. NOTE: This site requires you to register for a free account. NOTE: This site includes ads. NOTE: This site includes a discussion board (message board, forum, etc.).
This 14-page PDF lesson helps students understand basic economics related to goods, services, spending and saving; includes a description, link to national standards, learning objectives, list of required materials, procedures, closure, and assessment.
This 14-page PDF lesson helps students understand basic economics related to bartering, consumers, goods, income, money, services, and wants; includes a description, link to national standards, learning objectives, list of required materials, procedures, closure, and assessment.
This lesson using Laura Numeroff's "If You Give a Mouse a Cookie" to teach early elementary students the concepts of unlimited wants, goods, and services; includes a lesson synopsis, materials, and procedure.
This 6-page PDF provides resources for creating a goods and services folder game.
This song helps students learn about consumers and producers in a fun way.
This song helps students learn about goods and services in a fun way.
This song helps students learning about services in a fun way.
This video introduces the economic concepts of goods and services. (Total running time: 9:00). NOTE: This site includes ads. NOTE: This site includes a discussion board (message board, forum, etc.).
This video provides a brief overview of goods and services. (Total running time: 1:45). NOTE: This site includes ads. NOTE: This site includes a discussion board (message board, forum, etc.).
Learn about economics. Find out about exchange, barter, interdependence, profit, and supply and demand. Learn economics terms and play games to practice new skills and concepts. Learn why economics is important for students and the world. Includes activities, online games, and quizzes. There are links to eThemes resources on basic concepts of economics, how to start your own business, owning an ice cream shop, and Missouri exports and imports.
Learn about various economic concepts, including supply and demand, opportunity costs, natural, human, and capital resources. Includes many class activities, several online quizzes, and interactive games. There is a link to an eThemes Resource on taxes and economics.
Find out what it takes to start and run your own business. Includes information on different types of businesses, sales taxes, licenses and permits, and the characteristics of entrepreneurs. There are many sites about the ice cream industry, plus pricing information about items you would need for your own ice cream shop.

Education Standards

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