Council for Economic Education
Econ Ed Link: Opportunity Cost
Consumers are faced with tough choices because so many innovative and exciting products and services are available. Therefore, engraining a decision-making process that includes considering of opportunity cost is necessary to shape...
Council for Economic Education
Econ Ed Link: Country Mouse Makes a Decision! (Student Version)
Use this site to teach your primary students how to identify the costs and benefits of making a decision. Animated link to the story, Country Mouse Makes a Decision, makes this an entertaining and educational economics lesson.
Council for Economic Education
Econ Ed Link: Scarcity With the Lewis & Clark Expedition (Student Version)
Use this EconEdLink intermediate activity to teach your learners about the concept of scarcity. Allow students to use the interactive simulation of the Lewis and Clark Expedition to demonstrate their ability to make sound decisions in...
Council for Economic Education
Econ Ed Link: Green Eggs and Economics?
Economic concepts are often found in places students have never considered, like children's literature. In this instructional activity, students will explore the various economic concepts addressed in five of Dr. Seuss' most popular...
Council for Economic Education
Econ Ed Link: Utility
Can happiness be measured? Students will learn how utility relates to economic decision making and the law of diminishing marginal utility.
Social Studies for Kids
Social Studies for Kids: Summer Fun: The Economics of the Lemonade Stand
Read about the basic economic principles involved with a summer lemonade stand. Find out more about wants, profits, and strategies for increasing sales.
Council for Economic Education
Econ Ed Link: No Extra Room on the Mayflower
Choose what to bring on a voyage. Space is scarce, so choices must be made about what to leave behind.
Curated OER
Social Studies for Kids: Needs vs. Wants: Basic Economics
This website examines the difference between needs and wants, offers the chance for the student to make a budget, and discusses personal finance with an emphasis on income and expenses.