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Economics Common Core SL.K.1b resources

Preview of NEEDS VS WANTS UNIT FOR KINDERGARTEN

NEEDS VS WANTS UNIT FOR KINDERGARTEN

This unit was created to meet standards based on over-arching themes in social studies standards throughout the U.S. This is a five day unit in which students will learn about needs vs wants, saving and spending, and goods and services. The last two days of the unit students will participate in an activity with a real-life application. Students will work as a group to create a good and a service. The good and service will be a need or a want. Students will have been collecting dollars throu
Preview of Scarcity Project : The Pencil Problem - 1st Grade Economics

Scarcity Project : The Pencil Problem - 1st Grade Economics

Created by
Jacque Jones
Do your kids understand Scarcity ? This low-prep 3 day project has all you need to cover Needs, Wants & Scarcity! Small and whole group activities will keep your primary students engaged and learning economics while having fun!Here's what you'll get:✅ Powerpoint presentation on Scarcity✅ convenient Powerpoint slides for each day's questions✅ anchor chart headings/clipart✅ 3 interactive response sheets✅ 3 days of detailed lesson plans✅ teacher notesYou'll love:❤️ low-prep/high interes
Preview of Market Day Project ~ Classroom Stores with Business Ideas

Market Day Project ~ Classroom Stores with Business Ideas

Classroom Stores and Business Day Project ready to go! Are you looking for ideas to help you set up your classroom stores for your economics unit? It's all here! This business day project pack is filled with economics themed activities to help your students learn about economics by creating and running their own businesses and becoming little entrepreneurs! This is a great social studies unit for teaching young students about selling goods and services while learning the basics of running a busi
Preview of Making Good Choices and Opportunity Cost Whole Class Game

Making Good Choices and Opportunity Cost Whole Class Game

Created by
Jacque Jones
Are you looking for a fun way to dive opportunity cost? Your students can play this game again and again, each time focusing on a different economic concept: Wants and Needs, Supply and Demand or Opportunity Cost.Here's what you'll get:✅ Large whole group game board✅ 14 pages of photo cards (color & B/W)✅ 2 choices of writing response sheets✅ Small group game board✅ 6 pages cut and paste clip art cards✅ Rules page for kids✅ Lesson Plans✅ Teacher notes for each game versionGreat for:
Preview of Needs and Wants & Scarcity Kindergarten &  1st Grade BUNDLE

Needs and Wants & Scarcity Kindergarten & 1st Grade BUNDLE

Created by
Jacque Jones
Are you looking for fun Wants and Needs activities ? This bundle has everything you need to engage your kids in discussion and a deep dive to differentiate between wants and needs. They will learn to make good decisions about family, school, and community resources. Here's what you'll get:NEEDS AND WANTS SORTING CARDS: ✅ 40 sorting cards2 sizesauthentic photoscolor & B/W✅ pocket chart headings✅ anchor chart✅ definition cards✅ response sheet house brochure✅ lesson plans & teaching notesN
Preview of Family Needs vs Wants Game K - 1st Grade - 2nd Grade

Family Needs vs Wants Game K - 1st Grade - 2nd Grade

Created by
Jacque Jones
Are you looking for Needs vs Wants lessons? This Game will helps students distinguish the difference between wants and needs. It will also illustrates how scarcity impacts the choices families make. It highlights resources like time, money and supplies.Here's what you'll get:✅ 3 levels of the game:kindergarten works as a whole group1st grade sits in small groups but let by teacher2nd grade works in small groups✅ 2 choices of game boards✅ 2 choices of recording sheets✅ money sheet to run off
Preview of Needs and Wants Sorting Cards First Grade

Needs and Wants Sorting Cards First Grade

Created by
Jacque Jones
Are you looking for a fun way to teach Wants and Needs? These sorting activities will help your 1st grade students recognize, understand and analyze the difference between a need and a want. Lend fun and engaging discussions to your economics unit! Here's what you'll get:✅ 40 sorting cards 2 sizesauthentic photoscolor & B/W✅ pocket chart headings✅ anchor chart✅ definition cards✅ response sheet house brochure✅ lesson plans & teaching notesGreat for:❤️ Whole group Social Studies❤️
Preview of Needs and Wants  Interactive Google Slides First Grade

Needs and Wants Interactive Google Slides First Grade

Created by
Jacque Jones
Are you looking for an introduction to Wants and Needs? This Google Slides Presentation will help your students differentiate between wants and needs while teaching the ASL signs. It can be used whole group during Social Studies time, or saved on individual devices.Here's what you'll get:✅ Needs & Wants Definitions✅ self correcting slides✅ ASL signs ✅ interactive notebooks✅ Teaching notesGreat for:❤️ Economics Unit❤️ Whole group Social Studies❤️ informal assessmentMAKE SURE YOU A
Preview of 2 Wants and a Need

2 Wants and a Need

Created by
Jacque Jones
Are you looking for a fun way to teach Wants and Needs? This HGSS aligned 23 Google Slides Interactive presentation is packed with activities that will help your Kindergarten and 1st grade students recognize, understand and analyze, the terms. This can be used during Social Studies Economic Unit or during work stations.2 Wants and a Need:Economic definitions25 Interactive slides2 pages of worksheet/lap book for assessmentMake sure you play this game in create mode, so you can move the photos.
Showing 1-9 of 9 results

Find Economics resources | TPT

If you’re an educator or parent looking for printable or digital resources to help your student learn about economics, TPT has got you covered. We’ve got a comprehensive collection of economics and financial literacy resources available, including activities and lessons on trade, goods and services, and the stock market to name just a few. With plenty of TPT high-quality resources at your fingertips, you’ll be able to teach economics to your students in no time at all.

Economics activities to try

Here are a few examples of the different types of activities and lessons you can find on TPT to help teach students about economics:

Simulation Activities

You can introduce students to the world of investing, budgeting, and other economics-related activities through simulations. For example, have students research companies they want to "invest" in to show them how the stock market works. If you want to extend the lesson, you can have them periodically check in on their portfolios throughout the year to see how their investments are performing. Or, you could use a simulation to teach them about causes that led up to certain major historical events, like the stock market crash of 1929.

Budgeting Exercises

Help students understand the importance of managing their own financial resources by challenging them to create a budget. Give them a few hypothetical scenarios involving income, expenses, and financial goals. For example, you could ask them to plan a fictional character's monthly expenses, or have them create a budget to save for buying a house.

Trade Games

Through trading games, students can learn about importing and exporting, along with the impact of external forces and trade agreements. Ask students to work in teams and have them trade goods, record their imports and exports, and respond to charges (like tariffs and embargoes).

Cost-Benefit Analysis

Give students a real-world decision to make (e.g., building a new road, investing in a new technology, or buying property) and have them perform a cost-benefit analysis. To deepen the learning, you can ask them to justify their decisions with evidence.

Frequently asked questions for teaching economics

What is economics?

The study of economics is a social science that focuses on the production, distribution, and consumption of goods and services. When teaching economics, the goal is to help students understand how individuals, businesses, governments, and societies make choices about resource allocation. Economics explores various topics related to this, including supply and demand, cost and benefits, and scarcity, to name just a few.

What types of economics resources are available on TPT?

There are many different types of economics resources sold by Sellers on TPT — from budgeting activities to simulation games to units.

How do I find economics resources on TPT?

Educators can save time preparing economics lessons with resources created by experienced teachers. Simply start a search for economics resources on the TPT marketplace, and filter by grade level, price, and/or resource type to find materials that've been proven to work in classrooms like yours. No matter what you’re teaching, there are plenty of lessons and activities sold by Sellers on TPT that are tailored to meet your students' skill levels.