Allowances, gift cards, online shopping…even extreme couponing crazies from reality TV each have something to teach youngsters about managing their own money. Yet more is needed. Youngsters also must develop a solid understanding of the systems and decisions that can make a healthy economy for their community and country.
Of course all that ‘grown up talk’ about economics can confuse or bore, well…even the grown ups. So here are some engaging cross-curricular options for teaching economics. Employ them now to kickstart a fiscally responsible future. No scary cliff diving required.
MUSIC / VIDEO
Schoolhouse Rock on Economics – These classics are chock full of timeless concepts.
Posted on YouTube
Barter & Trade Tax Man Max Tyrannosaurus Debt
Where Does the Money Go? Walking on Wall Street
Sing-a-Longs: Kids Econ – new lyrics + familiar tunes = easy listening & learning
Purdue University and the Indiana Council for Economic Education offer a dozen+ songs for learning things like opportunity cost, goods/services, scarcity, resources, trade, markets and much more!
COOPERATIVE & ACTIVE LEARNING / ONLINE ACTIVITIES / COMMUNICATION SKILLS
Posted on TeachersPayTeachers.com (some require a small fee)
Talking Turkey: Want & Need – a feast of ideas good anytime of year by Katie Engen
Economics for Everyone Set A – 4 lessons for middle grades & up by Katie Engen
Economics for Everyone Set B – 4 more lessons for middle grades & up by Katie Engen
Economics Vocabulary Relay Game & Fan-and-Pick Economics Game by Mary Griffith
Buying & Selling at the Flea Market by Lucky Girl (scale it up!)
ON A RELATED NOTE
Financial literacy is a close cousin to understanding economics.
Check out this evidenced-based option + bibliography for teaching finance at various levels.