Scarcity and Opportunity Cost
Introduce the term "scarcity".
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Lessons & Activities
46-60 min
Betty Bunny Wants Everything (Lesson 1)
OVERVIEW
Students learn about wants, choice, and scarcity. They listen to the story Betty Bunny Wants Everything and identify all the wants that Betty Bunny has at the toy store. They practice making choices by selecting a treat they want, a toy for one of the book characters, and finally a school item.
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VIDEO Q&A
0-15 MIN
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Fifty Nifty Econ Cards
Use these vocabulary cards in your classroom to make economics and personal finance fun!
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The Bridge Home
Introduce basic economic concepts like decision-making, opportunity cost, and employment.
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46-60 MIN
Tortilla Factory
Differentiate between productive resources and intermediate goods.
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31-45 MIN
Rock, Brock, and the Savings Shock
Learn about decision-making, scarcity and opportunity cost.
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Production Profit and Loss
Calculate total revenue and profit or loss.
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Kiddynomics: An Economics Curriculum for Young Learners, Lessons for Grades Pre-K-K
Introduce young children to the economic way of thinking.
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Nizzy and Cooper's ABC Adventure (Lesson 2)
Students learn what goods and services are.
LESSONS & ACTIVITIES
31-45 MIN
An Orange in January (Lesson 3)
Learn about the economic concepts of consumer and producer.
LESSONS & ACTIVITIES
31-45 MIN
Just Saving My Money (Lesson 4)
In this lesson, students learn about banks and money.
LESSONS & ACTIVITIES
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Saving, Spending, and Income: Save It! (Lesson 5)
Learn about income, saving, and spending.
