“Economics: Supply and Demand” is a Social Studies lesson that focuses on understanding the law of supply and demand and its effect on prices in a market economy. The original informational text provides an overview of the definitions of supply and demand
Economics Social studies projects make learning so much more fun! This economics lesson is great for Third Graders to show off their business skills! Check out these great business ideas that these kiddos came up with!
Book-Farmers Day Market by Shanda Trent. It applies to Social Studies because it covers many economic topics like supply and demand. Economics Strand- People use money to buy and sell goods and services
Task Understand How to Shape Behavior - I like this token economy idea for encouraging and rewarding positive student behavior. I like that it uses tangible objects, as well as students can learn how to use money.
AA- This is a simulation activity that takes only 10 minutes of class time, but introduces students to the big ideas they’ll be studying throughout the Great Depression unit, incorporating elements of the Wall Street Crash.
Our Class Economy System Kids really enjoy earning and spending money in the classroom. I especially love "desk tax" every Friday. The kids quickly learn the value of a dollar. Plus, it's a great behavior management system!
Students make a book about economics using paper bags. Covers basic economics concepts for grades Keep everything in one place and then send it home as a unique keepsake. The printable pages also fit in a standard size notebook.
The concept of supply and demand is often called the heart and soul of economics. It is the foundation for much of what is studied in the field. Understanding how supply and demand affect the economy helps us recognize economics everywhere in our daily li