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Free economics assessments

Preview of Free Economics Unit | Opportunity Cost Game | Goods & Services | Supply & Demand

Free Economics Unit | Opportunity Cost Game | Goods & Services | Supply & Demand

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 instructionVocabulary Posters - 12 Economic terms with definitions and colorful clipartProducer/Consumer Scenario Cards - 14 cards
Preview of Economics Cloze Reading Passages

Economics Cloze Reading Passages

This freebie is a great way to practice or assess economics vocabulary. Economics Cloze economics terms/ phrases included: goods, services, opportunity cost, barter, want, needs, competition, income, natural resources, loan Practice the reading strategy of using context clues. Highlighting the text that “hints” at what the term means is helpful to build reading comprehension with regards to vocabulary acquisition. Please follow me at, Teaching Curious Kids Also, follow Teaching Curious Kids on
Preview of {Freebie} Productive Resources Cut and Paste (Natural, Capital, Human Resources)

{Freebie} Productive Resources Cut and Paste (Natural, Capital, Human Resources)

Created by
Abby Sandlin
Use this fun cut and paste activity to assess or review three of the productive resources! Glue these into your Social Studies journals for reference at a later date. Send these home for homework, or use it as a cumulative assessment!
Preview of Opportunity Cost - Economics

Opportunity Cost - Economics

This 1 page worksheet is a quick read with scenarios about opportunity cost. This would be great as homework, or as a supplement to a lesson on opportunity cost! **This freebie is a part of a larger packet for an Economics unit found here: http://www.teacherspayteachers.com/Product/Economics-Extravaganza-Econ-Supplemental-Packet-1348552 **
Preview of Free Penny, Nickel, Dime Assessment (Kindergarten/1st Grade)

Free Penny, Nickel, Dime Assessment (Kindergarten/1st Grade)

Created by
JAWTeach
If you like this assessment, check out the accompanying low priced worksheets at the link below. http://www.teacherspayteachers.com/Product/Coin-ID-and-Counting-Worksheets-and-Assessment-Pennies-Nickels-Dimes-757872
Preview of Producer and Consumer "The Little Red Hen Makes A Pizza"

Producer and Consumer "The Little Red Hen Makes A Pizza"

Created by
Erica Foster
Use this worksheet to help students understand producers, consumers, and goods. The students will cut out pictures from the story, "The Little Red Hen Makes A Pizza" and glue the pictures into the correct boxes.
Preview of Supply and Demand Practice Worksheet

Supply and Demand Practice Worksheet

Created by
The Lobo Library
Practice worksheet for identifying supply and demand themes/ trends.Louisiana Social Studies Standard: 4.9.4
Preview of Budgeting Game of Life

Budgeting Game of Life

This is to help teach students how to keep track of incoming and outgoing expenses by keeping track of their "allowances" and spending. Then on Graduation Day they can see how much they have saved and worked in order to save and buy a big item. Fun game for a variety of ages. The size of your paper is the only thing holding you back from making a large game board. I suggest taking it to an office store to print on large paper.
Preview of Economics Test on Goods and Services & Needs and Wants

Economics Test on Goods and Services & Needs and Wants

This is a simple end of your unit assessment that involves multiple choice and short answer to see what your students learned about goods and services & needs and wants.
Preview of Economics Quiz 3rd 4th or 5th

Economics Quiz 3rd 4th or 5th

Created by
Jenna Rogalski
I made this quiz to assess my 3rd graders' knowledge on economic concepts such as goods and services, supply and demand, producer and consumer, imports and exports, and bartering. There are 18 questions- a section of matching, a section of circle the correct vocab word, and a section of examples.
Preview of Goods and Services Sort | FREEBIE | 1st Grade Activity

Goods and Services Sort | FREEBIE | 1st Grade Activity

Fun partner activity for students to sort pictures of goods and services!
Preview of Producers and Consumers Activity/Assessment

Producers and Consumers Activity/Assessment

This is a very basic activity to see whether students understand the concept of producers and consumers.
Preview of Economics Review: Barter, Scarcity, Resources

Economics Review: Barter, Scarcity, Resources

Created by
Myra Roberts
These are simple assessments (or small group teaching resources) for Virginia Social Science SOL 2.7, 2.8, and 2.9. The scarcity and bartering or exchanging money scenarios could be extended by asking students to act out or draw what is happening in order to justify student answers and make connections. I hope these can save someone some time!
Preview of Financial Literacy Video Game - HTML5 Distance Learning (Educator Free Trial)

Financial Literacy Video Game - HTML5 Distance Learning (Educator Free Trial)

Created by
Brogan Pratt
Video Game about Personal Finance, Investing, Money Management, & Budgeting. An evidence-based, hand drawn visual-novel personal finance simulation game for High School and Young Adults that teaches financial literacy skills. Free Educator Trial Version! Obtain access to a free version of the game just because you're awesome! Test out 21st century game based learning for yourself before purchasing for use in your classroom. This is a trial copy available only to educators for classroom testi
Preview of Primary Economics: Producer and Consumer Cut Out and Sort

Primary Economics: Producer and Consumer Cut Out and Sort

This is a quick sort that can be a great formative assessment and a fun activity.
Preview of Want vs. Need Assessment

Want vs. Need Assessment

This can be an assessment or a practice activity to assess students on their understandings of wants or needs. Answer key is included.
Preview of Movie Theater Budgeting

Movie Theater Budgeting

Created by
Cassy Pearson
This product is for students to practice adding and multiplying money by looking at things you could purchase at a movie theater. This was created for my high school special ed economics class, but could definitely be used for lower grades. Please give me feedback if there is something I should change.
Preview of Producers and Consumers- Worksheet and Exit Ticket (Economics)

Producers and Consumers- Worksheet and Exit Ticket (Economics)

Created by
Mackenzie Moran
Use this worksheet and exit ticket pair to strengthen students knowledge of the differences between producers and consumers.
Preview of Paystub Practice Assignment

Paystub Practice Assignment

An original sample paystub to reinforce your paystub or reading a paycheck lesson plan. Includes the paystub, 14 questions, and answer key for easy grading. If you are teaching financial literacy, business math, or life skills, this activity will come in handy.
Preview of Wants & Needs Worksheet

Wants & Needs Worksheet

Wants and Needs worksheet. Students will circle whether each image is a want or a need. Works for standard: Compare the goods and services that people in the local community produce and those that are produced in other communities.*Fonts found on Canva, I do not own anything
Preview of Natural, Human, and Capital Resources Matching Assignment/Quiz

Natural, Human, and Capital Resources Matching Assignment/Quiz

This "All About Resources" activity sheet (made on PowerPoint) can be used as an activity or quiz for identifying the correct category various (10) resources belong in. The activity is designed to be able to be completed independently, as there is minimal reading for the student. A great visual would be creating categories with pictures for students to reference while completing if needed. This would allow your lower-level readers access to the definitions of the words natural, human, and capita
Preview of Debit Cards vs. Credit Cards - Worksheet

Debit Cards vs. Credit Cards - Worksheet

Created by
ThatBizTeacher
As a business ed. teacher, I have really struggled to find useful resources that are meaningful and assess student's understanding of specific topics. I hope that this resource is helpful to you and your students!Familiarize your students with the process of conducting research. Have your students learn the difference between credit and debit cards. Happy teaching!
Preview of Government Services- Using VersaTiles

Government Services- Using VersaTiles

Created by
Kelly Rister
Students learn about various services our government provides. This is designed to be used with VersaTiles. It can also be used as an activity or assessment even if you do not have the VersaTile cases!
Preview of Economics Review Quiz - VA SOLs

Economics Review Quiz - VA SOLs

Created by
4My2Gals
by Mary Beth Crawford Questions align with VA SOLs for 2nd and 3rd grade. This is a short quiz reviewing key vocabulary learned during a 2nd or 3rd grade economics unit. Students are asked to use pictures to determine the human, capital, and natural resources as well as goods, services, and producers and consumers. A quick but useful tool prior to a longer assessment. Thank you for your feedback.
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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.