Free Economics Unit | Opportunity Cost Game | Goods & Services | Supply & Demand
Description
This FREE SAMPLE of this Economic Unit is packed full of engaging resources to help teach your students about economics. These hands on activities will bring the concepts to life in a fun and memorable way! They are guaranteed to get your students involved in their own learning.
The full unit includes the following:
- Economics Unit Overview - Daily plans for 15 days of instruction
- Vocabulary Posters - 12 Economic terms with definitions and colorful clipart
- Producer/Consumer Scenario Cards - 14 cards for roleplaying or class discussions
- Producer/Consumer Drawing Activity - students will draw and label an example that shows a producer, consumer and either a good or service
- “Which You Would You Choose?” Game - This game will help your students understand opportunity cost by allowing them to make purchasing decisions
- Opportunity Cost Worksheet - great for assessment or independent work
- Lemonade Stand Activity - This simulation dice game will teach profit/loss and supply/demand
- Lemonade Stand Follow Up Questions - Use for class discussion or assessment
- Bookmark Factory Lesson - Students will learn about product assembly, division of labor, supply and demand, human/capital resources, and quality control
- Economic Scenarios Worksheet - 6 scenarios to be used as review or assessment for taught concepts and vocabulary
- Creating a Budget Activity - For this activity, students will choose an occupation and then have to make several decisions about expenses based on their income. They will also learn about positive and negative incentives.
- Creating a Business Resources - Everything you need to guide your students in creating their own business:
- Business Plan
- Employee Application
- Employee Name Tags
- Company Balance Sheet
- Employee Tracking Sheet
- Marketing Plan
- Line Graph
- Analyzing the Results
- Vocab Matching Cards - Use as a memory game to review key vocabulary
- Economics Quiz - Measure your students’ understanding of economics with this end of unit assessment
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