Economics Unit | ||||
Home Unit Information Full Unit Topic 1 Topic 2 Topic 3 Topic 4 |
Economics UnitTopic 1: What is money? 1. What does money represent? 2. What is barter? 3. Why do we use money instead of trading for what we want? 4. What are wants and needs? 5. What are goods and services? Topic 2: How do people earn money? 1. What are jobs? 2. What are different types of jobs? 3. How do people get and keep jobs? 4. What is an entrepreneur? 5. What is supply and demand? Topic 3: Where do people keep the money they've earned? 1. What is a bank? 2. What is a check? 3. What is a debit card? 4. What is a credit card? 5. What is a checking account? 6. What is a savings account? Topic 4: How do people manage their money? 1. What is a budget? 2. What are my needs and wants? 3. How do I make decisions on how much to spend? 4. What happens if I spend more money than I make? Economics StandardsSS.3.E.1.1: Give examples of how scarcity results in trade.SS.3.E.1.2: List the characteristics of money. SS.3.E.1.3: Recognize that buyers and sellers interact to exchange goods and services through the use of trade or money. SS.3.E.1.4: Distinguish between currencies used in the United States, Canada, Mexico, and the Caribbean. |
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Links and Activities Budget Buzz Social Studies for Kids Scholastic Economics Vermilion Economics Mrs. Mitchell's Economics Rutgers Economics CoolMath - Lemonade Stand ClassBrain - Lemonade Stand OMSI - Lemonade Stand |
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Videos BrainPop - Banking BrainPop - Budgets BrainPop - Comparing Prices BrainPop - Credit Cards BrainPop - Debt BrainPop - Money BrainPop Jr. - Goods and Services BrainPop Jr. - Need and Wants BrainPop Jr. - Saving and Spending School House Rock - Dollars and Sense School House Rock - The Check's in the Mail School House Rock - $7.50 Once a Week School House Rock - Where the Money Goes School House Rock - This for That |