This 70 page document includes an anchor text called All About Economics that I break down over the course of 5 lessons to teach economics concepts to my first grade students.
This is an interdisciplinary unit that not only includes social studies content, but also math as well.
Each lesson includes a suggested cooperative learning strategy, a song that relates to economics, and content vocabulary review. A few lessons even include video clips that can be accessed on You Tube for an anticipatory set that builds excitement for the lesson of the day.
If you love integration, I added a story called ‘The Best Pizza Ever’. It is a short story about scarcity that includes mini-signs for students to participate in the retelling.
Content vocabulary for this plan includes: needs, wants, choice, trade-off, opportunity cost, scarcity, goods, services, money, trade, producer, consumer, market, and saving.
There are two group games. Goods & Services Bingo, and a version of the classic game Pit, that I’ve entitled The Marketplace Game, that you can use to reinforce the concepts being taught.
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