Social Sciences Education
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Elementary school students typically begin their introduction to economic concepts through what is commonly referred to as “needs and wants.” In its purest sense, “needs and wants” is a character education lesson promoting self-control. Classification of producers and consumers, money, cost, and poverty and wealth are introduced at varying degrees of sophistication during the elementary school experience. Consumer education is a significant part of elementary economics education and often includes simulations of purchasing options and assessment of advertisements, banking, credit cards, and the like.
You might want toconsider the following ways to introduce special education students to economics. Two sample lesson plans are provided for each theme. See Economics Websites for additonal resources.
General Economic Concepts
(EconEdlink) Build Your Community: Students learn about a variety of businesses and their service to a community. They will build a town selecting seven businesses they feel would be the most important to have in order to live in this community.
(EcEdWeb) Homer Price (The Doughnuts): Subjects include capital resources, increasing productivity, law of demand, and quantity of demand.
American Economic Institutions
(EconEdlink) Big Banks, Piggy Banks: Students learn that financial institutions protect money from theft and other losses and they also pay interest on money.
(EconEdlink) You Can BANK on This! This is one of four lessons offered at this site that cover the scope of banking
The Economics of Family and Work
(Core Knowledge) Money for Entrepreneurs: A minieconomy for the classroom in which students join the workforce.
(EconEdlink)What Do Other People Want To Be? Students graph people’s job choices and identify which jobs would have the most competition.
(Education World) And You Thought Gasoline Was Expensive! Students use newspaper ads and charts to compare prices of liquids.
Go to Economics Websites
Economics Websites (Videos, Lesson Plans, & Content)