Elementary Economics Unit - Economy Types, Supply & Demand, Goods & Services
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Description
Explore the world of economics with this variety-packed introduction to elementary economics unit! Economics can seem foreign to students being exposed for the first time. However, this unit will help ignite young minds by introducing them to fundamental economic concepts in not only a kid-friendly way, but in a way that will develop a foundation for future economic understandings. Economy types, goods and services, producers and consumers, supply and demand and more are all touched on. With 13 activities, lessons and teaching tools, there are weeks of materials here to help students gain a solid understanding of what economics is. This unit is crafted to expose students to critical beginning economic concepts. It also works to foster vibrant discussions, real-life connections and learning opportunities for young learners that will help establish a business mindset. You don’t want to miss this one!
❤️ Learning Goals Covered:
Designed for young learners, this comprehensive unit is easy to use by teachers and fun and interactive for students!
Ignite young minds by learning about the following concepts in a kid-friendly way:
- What is economics?
- What is an economy?
- Money and trade
- Supply and demand
- Producers and consumers
- Goods and services
- 5 types of economic systems
- General business
- Covers other related terms like: distribute, society, trade and more
❤️ Key Features:
- 13 LOADED Activities, lessons and teaching tools
- 55 unique pages in color
- 55 pages in printer-friendly black & white
- Detailed table of contents with time estimates and descriptions for each lesson
- Engaging, but bite-sized lessons appropriate for elementary-aged students to grasp
- Variety of lesson formats to engage learners like hands-on activities and sorts, worksheets, writing prompts with real-life connections, informational texts, thought-provoking discussion tools and visuals, games and more
- Everything is no prep or very minimal prep
- Multi-use activities - great for whole class, independent work or small groups
- Covers skills like close reading, rereading for detail, writing, class and small group collaboration and teamwork, alphabetical order
- Easily enrich and adapt this unit to meet the needs of your students
- Mix and match activities into other cross-curricular areas
- Answer keys to EVERYTHING
- Clearly labeled pages for easy prep and organization
- Includes a formal final assessment
- Contains teaching tools like vocabulary posters to display and teaching slides
❤️ Resource Includes:
Teaching kids about economics can feel daunting, but rest assured that this collection is thoughtfully organized and PACKED with teaching tips and tricks you need to teach introductory economic concepts for weeks in your classroom.
⭐ CHECK OUT THE FULL PREVIEW OF EACH LESSON ABOVE!⭐
- Lesson 1 – KWL
- Lesson 2 - Lesson Opener Discussion Questions
- Lesson 3 - What is Economics and the Economy? Reading & Question Set
- Lesson 4 - The 5 Types of Economic Systems Info. Sheets
- Lesson 5 - ABC Order Vocabulary Sort & Glue Activity
- Lesson 6 - What Kind of Economy Do You Live In Writing Prompt
- Lesson 7 - Glossary of Words Info. Sheets
- Lesson 8 - Vocabulary Flashcards
- Lesson 9 - Vocabulary Card Game/ Study Directions
- Lesson 10 - Economics Word Search
- Lesson 11 - Final Assessment
- Lesson 12 - Vocabulary Mini Posters
- Lesson 13 - Teaching Slides / Posters
❤️ Related Resources:
Don’t miss these other great elementary units!
- Shark Tank Project for Elementary Level
- Intro. to Elementary Economics Unit
- Goods & Services Unit
- Supply & Demand Unit
- Producers & Consumers
❤️ Credits & Terms:
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