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Lesson Plan
Curated OER

TRADERS' GAME

For Teachers 6th - 8th
Middle schoolers play a game aimed at demonstrating how relationships with other communities or countries affect the food and fiber system. The game simulates the unequal distribution of natural resources which creates the need for...
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Lesson Plan
Curated OER

Goods and Services Scavenger Hunt

For Teachers 1st
First graders conduct research into the concepts of goods and services. The information is used in order to create a definition for each concept. Then the information is organized using the scavenger hunt format. Further extension to the...
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Lesson Plan
Curated OER

Goods and Services

For Teachers 9th - 12th
Students describe the difference between goods and services. Using magazines, they work together to create a collage in which they note the differences between goods and services. They present their collage to the class and complete a...
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Lesson Plan
Curated OER

Radio Program #16-Sustainability

For Teachers 9th - 12th
High schoolers identify elements of sustainable industries in the area and interpret their influence on the local economy. They discuss the types of goods and services that are provided by sustainable industries. Students observe common...
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Lesson Plan
Curated OER

Texas Industries Then and Now

For Teachers 6th - 8th
Middle schoolers identify contemporary economic counterparts to industries featured in Texas bird's-eye views by using this website and a "Goods and Services Data Collection Sheet."
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Lesson Plan
Curated OER

The Magic of Markets

For Teachers 10th - 11th
Students examine how exchange is trading goods and services with people for other goods and services or money. They examine how people voluntarily exchange goods and services because they expect to be better off after the exchange.
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Lesson Plan
Curated OER

Community Helpers Wheel

For Teachers 2nd - 4th
Learners play a game to reinforce the understanding that some community helpers are producers of goods, and some provide a service. Students identify community helpers and their jobs.
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Activity
Federal Reserve Bank

Federal Reserve Bank of St. Louis: The Piggy Bank Primer [Pdf]

For Students 3rd - 5th
A workbook for children on how to save and manage their money, and how to create a budget.
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Activity
Edutopia

Edutopia: Goods and Services [Pdf]

For Students 9th - 10th
A unit that teaches the difference between goods and services, the difference between producers and consumers, the difference between human, natural, and capital resources, and the difference between bartering/trading and buying/selling....
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Unit Plan
C3 Teachers

C3 Teachers: Inquiries: Needs and Wants

For Teachers K
A comprehensive learning module on needs and wants that includes three supporting questions accompanied by formative tasks and source materials, followed by a summative performance task. Students learn about what needs and wants are, how...
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Unknown Type
Other

International Monetary Fund: Monetary Mania

For Students 9th - 10th
Great interactive online trivia quiz that lets you test your knowledge of macroeconomics against two other fictional players. Pick your player and go!
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Activity
Other

American Red Cross

For Students 9th - 10th
Home page of the American Red Cross with links to disaster services, biomedical services, international services, community services, military services, health and safety services, volunteer services, and youth services. Also includes...
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Lesson Plan
Federal Reserve Bank

Federal Reserve Bank of St. Louis: Tortilla Factory [Pdf]

For Teachers 3rd - 5th
This lesson accompanies a story by Gary Paulsen called Tortilla Factory, and teaches students to identify the different types of resources (human, capital, natural, etc.) that go into creating corn tortillas and other products.
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Lesson Plan
Utah Education Network

Uen: Source Relay

For Teachers 2nd
Second graders will sort breakfast food items into sources in this activity.
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Lesson Plan
Utah Education Network

Uen: Give and Take

For Teachers 2nd
Learn about the concepts of goods, services, and community.
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Activity
Other

Federal Reserve Bank of Richmond: My Money

For Teachers K - 1st
A PDF student workbook to teach elementary students about money, including values of coins, opportunity costs, and goods and services.
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Lesson Plan
Scholastic

Scholastic: Adventures in Math: Lesson 3: Money in Our Community

For Teachers K - 1st
Lesson focuses on how and why money circulated within our community. Being able to discern the difference between things we need and things we want is one of the foundational concepts for using money wisely. Goods and services are things...
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Activity
Other

Federal Bank of Richmond: My Money

For Students 3rd - 5th
For elementary students, this booklet of activities teaches basic money skills and concepts. Includes lesson plans.
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Handout
Auburn University

Auburn University: A Glossary of Political Economy Terms: Market

For Students 9th - 10th
An excellent introduction to the concept of markets. Also includes links to related topics.
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Unit Plan
University of Missouri

Wise Pockets World: Wise Pockets Clubhouse for Students

For Students 1st - 4th
As students read the stories in the library, they learn about earning money, spending and saving money, and a bit about borrowing and lending money as well. Each story is followed by a short quiz and a printable activity.
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Activity
Robert Schenk, PhD

Cybereconomics: Circular Flow Diagram

For Students 9th - 10th
This site gives a description and has a picture of a circular flow diagram. Description is well-written and easy to understand. A good overview of the flow of goods and services.
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Lesson Plan
Council for Economic Education

Econ Ed Link: The Shoemaker's Tools

For Teachers Pre-K - 1st
This lesson incorporates the folk tale of The Shoemaker and the Elves to teach your students about the concept of capital resources. Lesson contains a link to an animated retelling of this beloved classic. Use it to have students...
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Interactive
Council for Economic Education

Econ Ed Link: The Mystery of Is It Mine or Ours? (Student Version)

For Students 6th - 8th
Check out this informative economics website. "In this lesson, you will learn why some goods are considered to be 'private' goods and others are considered to be 'public' goods." This site contains an interactive activity.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Community Helpers at Your Service

For Teachers K - 1st
Show elementary students the correlation between goods and services and consumers. "You will draw a picture of a community helper, and perhaps write some sentences about him or her, to show or tell how that helper provides a Service."