Basic Economics: Concepts

Objectives

A simple book introducing 5th-grade students to basic economic concepts like needs, wants, scarcity, goods, and services, with relatable examples from their daily lives.

Introduction to Basic Economics for Kids

Pre-lesson

Begin this section by engaging students with questions that prompt them to think about their own desires and necessities. This will naturally lead into the core concepts of economics.

Introduction

Content Presentation

Activity Time

Review

Summary

Home Study Materials

Homework

Lesson: Basic Economics: Concepts