[Igetitnow!]

This is my first time teaching Economics and I don't have a lesson plan for it. I am just having my students set up a business for our classroom, but I would love to have the vocabulary expected for third graders to understand. Thanks!

[Jade]

You need to check your state's expectations for third grade.

I teach goods, services, opportunity cost, choice, scarcity, natural, human & capital resources, specialization, and interdependence--and probably some other things I'm forgetting.

[Igetitnow!]

Thanks Jade!! Much appreciated

[punkydoodle]

We have a chapter in our social studies book about economics. The terms they discuss are:

budget, earn, product, economic choice, profit, income, service, supply, good, and saving

Good luck!

[Recess]

Goods and services, producers, and consumers.

[1956BD]

I teach most of economics through literature. I start with Alexander, Who Used to Rich Last Sunday and A Chair for My Mother as read alouds. Then we read the short novel Shoeshine Girl and Max Malone Makes a Million. It sure makes a dry subject for fun. Most of the vocabulary can be taught with the plots in these stories.

[salem]

I use this great website for teaching economics to kids and get a ton of stuff from it:
http://www.kidseconposters.com/keb/L...Connection.htm
It has a list of books that go with each economic concept.

If you click on the heading (goods & services, wants, producers, etc.) you will get a list of books to teach that concept and the picture of the book. Then when you click on the title of book, it will give you a short lesson to use with the book!

This site is WONDERFUL and best of all it is FREE!!! You can order the posters that they show if you want, and they are pretty reasonable, but I have not ordered them.

Instead, I had my students pick different terms and design a poster similar to the ones that they sell! They wrote the term at the top, then drew a picture that went with the term, and then drew a picture of what that would look like. They turned out great!

I made a word document of all the books with the concept they go with from the site, and I will attach that here first.

[salem]

This next thing I can't remember where I got on-line---but it references the PlayDoh Economics book and the kidsecon.com site.

It is a lesson with a book for the different economic concepts, too.

Wish I had listed the website on it, but it's been a few years and I can't remember where I got it from!

[salem]

This last document is just one I made that has lots of economic on-line sites you can go to which has a book and a lesson for different concepts.

[salem]

Found another---this is a matching game I made up of terms and definitions!

I copied both the definitions page and the terms on cardstock. Then I cut apart the terms insto individual squares.

The students had to match the term to the definition by covering up the correct one. They worked with a partner so I didn't have to copy so many sets.

I had a master sheet of the right answers and I could tell at a glance as I walked around if they had the answers in the right place or not.

I used this as a fun game for reviewing a few days before the test at the end of the unit!

[1956BD]

Thank you for all the great resources.

[tchnrocks]

Thank you Salem for all these wonderful resources. I am so excited that I have ideas now to incorporate reading into social studies without using a boring textbooks or worksheets
Yippee!

[Igetitnow!]

My class thanks you too We will get started today ... I'm so excited (now)!