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5th grade economics outlines for GATE

Preview of Gifted and Talented - Living on Your Own:  Lessons in Financial Responsibility

Gifted and Talented - Living on Your Own: Lessons in Financial Responsibility

Created by
Learning Highway
Challenge your gifted and talented to play the “game of life” and survive financially during their first year in college. This concept-based unit allows students to “earn” an inheritance from a distant relative by repurposing items from a barn. With this “money,” students find affordable housing, transportation, furnishings, and other essentials. Then the “game of life begins with monthly reoccurring expenses, opportunities to buy additional necessities and/or wants, as well as challenges or o
Preview of Country Travel Brochure Project

Country Travel Brochure Project

Created by
Brain Wrinkles
This is a fun project activity where students create a travel brochure for a chosen (or teacher-assigned) country. This project works well because the students know exactly what information that they need and where to put it on the brochure. It makes researching so much easier for everyone! There are directions, a brainstorm sheet, and a rough draft graphic organizer. I like the students to complete the final draft on large white construction paper, but the rough draft graphic organizer could be
Preview of Plan a Bake Sale - Project Based Learning Unit Math and Economics Unit

Plan a Bake Sale - Project Based Learning Unit Math and Economics Unit

Everyone loves cupcakes and sweets from a bakery. In this PROJECT BASED LEARNING - PLAN A BAKE SALE unit, your students learn about economics and entrepreneurship as they open their very own bakery (option: have a bake sale). This student-centered project incorporates collaboration and differentiation by providing student choice. This real-world challenge requires students to use inquiry, critical thinking, and their creative minds during the high-interest cross-curricular [math, ELA] activities
Preview of Financial Literacy Reading Passages | Personal Finance | Making Money Grow

Financial Literacy Reading Passages | Personal Finance | Making Money Grow

Would you like to give your students a jump start on becoming financially independent? Do you teach Personal Finance or Financial Literacy in your class? This fun financial planning packet gives students a clear picture of the beginning world of Financial Intelligence. Share with students that they are never too young to begin a financial education and that they are capable of creating wealth tomorrow if they start making wise choices today. While it’s great to teach students how to be smart con
Preview of SHARK TANK Economics Pitches Prototypes PROJECT BASED PBL GATE

SHARK TANK Economics Pitches Prototypes PROJECT BASED PBL GATE

Welcome to the shark tank project-based learning unit. Let’s begin our entrepreneurial careers today! Build critical thinking skills, public speaking success, and bring creativity, language arts, and economics into your classroom in a purposeful and authentic way. Students will work in collaborative teams to solve a complex, ongoing, inquiry-based problem with a physical product for an authentic audience: • Brainstorm a product, citing a need that will be fulfilled. • Construct a prototyp
Preview of Carnival Game Economics PBL Project-Based Learning GATE

Carnival Game Economics PBL Project-Based Learning GATE

Smaller tasks add up to big, big learning with this gold medal standard project-based learning activity! What a sneaky cool way to learn math, economics, and functional design! (Insert evil teacher laugh.) It’s a hands-on approach to Common Core Standards. In Carnival Game Economics, students design a carnival skill game and gather data as junior market researchers during the test phase. They’ll use this data to help make decisions. After making calculations for probability, students will
Preview of T-Shirt Entrepreneurs PROJECT BASED LEARNING Math Economics GATE 4-8th

T-Shirt Entrepreneurs PROJECT BASED LEARNING Math Economics GATE 4-8th

Your students will be excited for this “gold medal standard” project-based math, design, and economics activity. It’s appropriate and adaptable for 4th – 8th grade. It has been a staple for my 4th grade gifted and talented math group since 2013.You won’t be the sage on the stage. Students will problem-solve their way through the project working in collaborative teams, and the teacher will guide, be a resource, spur discussion, play devil’s advocate, and provide mini lessons when necessary.In
Preview of Project Proposal Form for Kids- Shark Tank STEAM Writing Task

Project Proposal Form for Kids- Shark Tank STEAM Writing Task

Created by
Nicole Beinhorn
Use this PROJECT PROPOSAL form with your students to have them come up with a creative, innovative invention that they would propose on a Shark Tank episode. Their project goal is to become financially successful with their new innovative idea and the first step is to complete this proposal form. This activity leads into a Persuasive Writing Unit where they will have to convince these "shark-tank" investors (the teachers) that their project should be invested in. We are going to invite the ad
Preview of Design & Sell a Product - Middle &High School Project Based Learning Unit PBL

Design & Sell a Product - Middle &High School Project Based Learning Unit PBL

This project is perfect for summer school, home school, genius hour, enrichment, gifted, or independent work time!This comprehensive project is designed to help students develop essential skills in design, research, advertising, and presentation while creating a unique and marketable product.With this project, students will have access to a range of resources, including design pages to sketch and conceptualize their product, research pages to gather information about their target audience and co
Preview of Economic Fair

Economic Fair

Created by
Jennifer Bowlus
Through this Business Plan your students will have the opportunity to create a company within a small group. Each company will create a logo, mission statement, and decide if they would like to produce a good or provide a service. They will work together to decide what resources they will need and how to budget their money that they loaned from the bank. The companies will do a bit of market research and then prepare to provide their service or actually produce their good. At this point students
Preview of Market Day PBL: Upper Elementary Project, Create Your Own Business

Market Day PBL: Upper Elementary Project, Create Your Own Business

Created by
The PL Coach
The Market Day project for elementary students is a hands-on experience where kids become entrepreneurs. They brainstorm and create a product, learn teamwork and basic economics, and explore advertising. The project culminates in a Market Day event where students set up booths to sell their products, applying math skills and engaging with customers. Afterward, they reflect on their experiences, celebrate successes, and gain valuable insights into teamwork and business basics. This fun and intera
Preview of Run a Bake Sale - Middle & High School Project Based Learning Unit PBL

Run a Bake Sale - Middle & High School Project Based Learning Unit PBL

In this project, students will use their creativity and problem-solving skills to design a bake sale from scratch. They will learn how to determine the materials needed, calculate the costs and profits, create an advertisement, and write a persuasive essay to attract volunteers.In-depth Description:In this Run a Bake Sale project, students will have the opportunity to unleash their creativity and develop critical thinking and teamwork skills. This project-based learning activity is designed for
Preview of Plan a Music Festival - Middle & High School Project Based Learning Unit PBL

Plan a Music Festival - Middle & High School Project Based Learning Unit PBL

This project is perfect for summer school, home school, genius hour, enrichment, gifted, or independent work time!Students will use their imaginations to plan a film festival. They will book artists within a budget, make a layout and a schedule, make an advertisement, and present their entire plan to their client.Materials Needed: This packet, a device with internet to watch the included videos and to complete research. Timeline: This is an extensive project that will take approximately 5-6 week
Preview of Lemonade Stand Game

Lemonade Stand Game

Students can learn the basics of Economics and keep track of their earnings using this Lemonade Stand worksheet. Students play the Online Lemonade Stand Game found Online or at http://www.coolmath-games.com/lemonade/ and use the worksheet to track their progress. Students then can imput their data into Excel Spread sheets to graph their earnings. Great for GATE students or enrichment.
Preview of FRIDAY MATH PROJECTS Collection 4th 5th 6th 7th Grades GATE Hands-on and PBL

FRIDAY MATH PROJECTS Collection 4th 5th 6th 7th Grades GATE Hands-on and PBL

Kid-tested and very popular! But don't let that fool you . . . these are very challenging.Please see individual previews.
Preview of Plan a Party - Middle & High Project Based Learning Unit PBL

Plan a Party - Middle & High Project Based Learning Unit PBL

In this Plan a Party PBL project, students will have the opportunity to unleash their creativity and develop critical thinking and teamwork skills. This project-based learning activity is designed for students in grades 5-8 and can be implemented in various settings such as summer school, homeschool, genius hour, enrichment, or independent work time.The packet includes all the necessary information and guidance for the project, along with online resources. The project is divided into several sec
Preview of Simulation Station-Payday Budgeting-Economics Activity

Simulation Station-Payday Budgeting-Economics Activity

Created by
Kera's Korner
Simulation Station-Payday gives students real-world experiences as they receive their first paycheck! The students have the task of prioritizing the bills that are due, writing checks to the companies, balancing the checkbook, all while saving some money for other expenses. They will gasp as the reality sinks in that they will not be able to go on a shopping spree or buy the newest video game-yet.
Preview of 5th Grade Social Studies Economics Choice Boards

5th Grade Social Studies Economics Choice Boards

Unleash the power of economic inquiry and critical thinking with our comprehensive Bundle of 5th Grade Social Studies Economics Choice Boards. Crafted to engage and challenge gifted 5th-grade students, this bundle offers a diverse selection of choice boards aligned with key economic standards, providing educators with a versatile toolkit to enrich their curriculum.Each choice board within the bundle is thoughtfully designed to address specific economic concepts and skills while fostering inquiry
Preview of Social Studies - Free Market (SUPPLY and DEMAND) activities

Social Studies - Free Market (SUPPLY and DEMAND) activities

Why does your child need to know about SUPPLY and DEMAND?  Because unless you live on a deserted island, it affects practically everything in your life!  From the price of lemonade to how many Beanie Babies you can collect, to how many summer helpers the pizza store needs.  The forces of supply and demand are everywhere - so kids need to understand the concept early in order to live a reality-based existence.This packet contains activities that will help you as a parent or teacher introduce or r
Preview of ECONOMIC UNDERSTANDINGS IN A NUTSHELL

ECONOMIC UNDERSTANDINGS IN A NUTSHELL

This is an excellent organizer that captures the 6th and 7th Grade Georgia Social Studies Performance Standards concepts (ECON). The organizer helps students understand the following concepts: ECONOMIC SYSTEMS (including the Mixed continuum) THE FOUR FACTORS OF PRODUCTION TRADE BARRIERS Your students will love the organizer and so will you!
Preview of Gifted Education Super Bundle Engineering and Economics

Gifted Education Super Bundle Engineering and Economics

Gifted Education Lesson Plans Super Bundle Engineering and Economics. Six Best Selling Gifted Lesson Plans bundled into one package! Approximately one half of the school year can be taught using these lessons! (Approximations are based on meeting once or twice a week with students). Students will read, write, measure, research, present, and simulate engineering and management skills. Toothpick Bridge Unit; Geodesic Dome Unit; and The Hazards of Cell Phone Use Unit RI.6.1, RI.6.2, RI.6.3,
Preview of Making Ends Meet - Economics Unit

Making Ends Meet - Economics Unit

Created by
Spunky Sprogs
Specific objectives for this unit include:To become knowledgeable of the U.S. currency and economics.To analyze the purposes of taxation.To research different occupations.To set savings goals and become familiar with banking transactions.Students will participate in a simulation where they will take on the roles of married adults with families.  By the luck of the draw, you are assigned an occupation and the number of children in your family.  True to life, you will be faced with living expenses
Preview of Economics Foldable

Economics Foldable

Created by
Kelly Khokhar
This foldable includes tabs for the supply, demand, scarcity, and opportunity cost. Although designed for use in an interactive notebook, the foldable can also be used alone. It’s a great tool for introducing economics! Students write the definition or draw pictures to remember what they mean, then use it later for review.
Preview of Financial Literacy | Writing Prompt | Personal Finance | Opinon Writing

Financial Literacy | Writing Prompt | Personal Finance | Opinon Writing

Help your students become proficient persuasive writers with this FREEBIE! Persuasive language is everywhere! Commercials, social media, movie ads and political speeches. Teaching persuasive writing and language is important and takes time and practice. Here’s an activity that supports persuasive writing by giving students a topic they can relate to, Financial Intelligence!What do your students already know about Financial Intelligence?If you’d like to give them a head start, check out this fun
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Find Economics resources | TPT

If you’re an educator or parent looking for printable or digital resources to help your student learn about economics, TPT has got you covered. We’ve got a comprehensive collection of economics and financial literacy resources available, including activities and lessons on trade, goods and services, and the stock market to name just a few. With plenty of TPT high-quality resources at your fingertips, you’ll be able to teach economics to your students in no time at all.

Economics activities to try

Here are a few examples of the different types of activities and lessons you can find on TPT to help teach students about economics:

Simulation Activities

You can introduce students to the world of investing, budgeting, and other economics-related activities through simulations. For example, have students research companies they want to "invest" in to show them how the stock market works. If you want to extend the lesson, you can have them periodically check in on their portfolios throughout the year to see how their investments are performing. Or, you could use a simulation to teach them about causes that led up to certain major historical events, like the stock market crash of 1929.

Budgeting Exercises

Help students understand the importance of managing their own financial resources by challenging them to create a budget. Give them a few hypothetical scenarios involving income, expenses, and financial goals. For example, you could ask them to plan a fictional character's monthly expenses, or have them create a budget to save for buying a house.

Trade Games

Through trading games, students can learn about importing and exporting, along with the impact of external forces and trade agreements. Ask students to work in teams and have them trade goods, record their imports and exports, and respond to charges (like tariffs and embargoes).

Cost-Benefit Analysis

Give students a real-world decision to make (e.g., building a new road, investing in a new technology, or buying property) and have them perform a cost-benefit analysis. To deepen the learning, you can ask them to justify their decisions with evidence.

Frequently asked questions for teaching economics

What is economics?

The study of economics is a social science that focuses on the production, distribution, and consumption of goods and services. When teaching economics, the goal is to help students understand how individuals, businesses, governments, and societies make choices about resource allocation. Economics explores various topics related to this, including supply and demand, cost and benefits, and scarcity, to name just a few.

What types of economics resources are available on TPT?

There are many different types of economics resources sold by Sellers on TPT — from budgeting activities to simulation games to units.

How do I find economics resources on TPT?

Educators can save time preparing economics lessons with resources created by experienced teachers. Simply start a search for economics resources on the TPT marketplace, and filter by grade level, price, and/or resource type to find materials that've been proven to work in classrooms like yours. No matter what you’re teaching, there are plenty of lessons and activities sold by Sellers on TPT that are tailored to meet your students' skill levels.