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Learn the story of the growing economy on Planet Novus and focus on the concepts of barter, currency, and banking.

In this lesson, students play the role of producers in two fictional countries, Acca and Dur. Students use production cards to construct production possibilities tables and graphs. These tables and graphs are used to discuss productivity, opportunity costs, and comparative advantage. Producers in each country discover that if they specialize and trade, they are able to produce and consume more goods than they would have been able to produce and consume on their own.

In this Classroom ECONnections webinar, learn about Federal Reserve System education resources that engage and benefit elementary and middle school students of all backgrounds. Discover resources and materials that can help cultivate a healthy learning environment for students diverse in a variety of ways, including by race, ethnicity, and socioeconomic status. Targeted toward K-8 students, the lessons are suited to more than personal finance and economics courses including social studies, history, or geography classes.

In this Classroom ECONnections webinar, recharge your elementary classrooms with engaging ways to teach economics and personal finance using resources from several Federal Reserve banks. Specialists from the Federal Reserve Banks of Cleveland, Kansas City, and St. Louis explore new elementary classroom resources including online courses and videos, classroom-ready activities, and more.

This simple trading activity demonstrates a key economic idea: Voluntary trade can make both the buyer and seller better off. Students first receive a piece of candy randomly.

In this course, learn about the production possibilities curve, a graphic representation of output combinations that can be produced given an economy’s available resources and technology. With their new-found wealth, Andy and Jack have acquired islands, Los Andeles and Jackramento, giving Jack the perfect opportunity to teach Jack about production possibilities, opportunity cost, and the efficiencies of trade according to comparative advantage.

In this course, students learn about the production possibilities curve, a graphic representation of output combinations that can be produced given an economy’s available resources and technology. With their new-found wealth, Andy and Jack have acquired islands, Los Andeles and Jackramento, giving Jack the perfect opportunity to teach Jack about production possibilities, opportunity cost, and the efficiencies of trade according to comparative advantage.

In this course, use your knowledge of the production possibilities curve to determine how specialization in production can yield greater global consumption. Specifically, Andy and Jack grow potatoes and strawberries on their islands, Los Andeles and Jackramento. When trying to find the mix of potato and strawberry production that will satisfy the islanders’ wants, they happen upon a solution that provides greater strawberry and potato consumption – specialization and trade.

In this course, students use their knowledge of the production possibilities curve to determine how specialization in production can yield greater global consumption.Specifically, Andy and Jack grow potatoes and strawberries on their islands, Los Andeles and Jackramento. When trying to find the mix of potato and strawberry production that will satisfy the islanders’ wants, they happen upon a solution that provides greater strawberry and potato consumption – specialization and trade.

In the Comparative Advantage courses, students meet Jack Of All Trades, a most awesome superhero. I