Resources by Lesson
Lesson 4: Pizza on a Budget
This lesson focuses on budgeting (economics) and basic operations (mathematics). The students participate in a mouth-watering budget activity while they use estimating skills and practice identifying costs and benefits. Using a budget work sheet, they work in small groups to plan a class pizza party. They review basicoperations skills using money as they make decisions about refreshments for the party.
Visual 4.1 to 4.4 (PDF - 148 KB)
Activities 4.1 to 4.4 (PDF - 155 KB)
- Note: Visual 4.2 is the same as Activity
4.1, and both must be prepared ahead
of time. Write the names of two familiar
pizza locations and one supermarket that
sells pizza on Visual 4.2. Write the same
information on Activity 4.1 before making
copies. If you plan to have a pizza party,
you will need to make your own versions
of these materials with local pizza options
and prices for party items. Visual 4.3 is
the same as Activity 4.2, and Visual 4.4 is
the same as Activity 4.3.
- One copy of Activity 4.1 for each group of
- One copy of Activities 4.2, 4.3 and 4.4 for
Murphy, Stuart. Betcha!: Estimating. HarperTrophy, September 1997. (ISBN: 0-06446-707-4)
Murphy, Stuart. Coyotes All Around. HarperTrophy, 1st edition, September 2003. (ISBN: 0-06051-531-7)
You Can BANK on This! (Part 2)
As in the first 'You Can BANK on This,' you will learn that banking should not be confusing - it should be INTERESTING! Lesson Two will continue lear...
Toys for Me: A Lesson on Choice
Students encounter the concept of scarcity in their daily tasks but have little comprehension as to its meaning or how to deal with the concept of ...
Open for Business!
This engaging lesson gives students the opportunity to identify risks and rewards of entrepreneurship and distinguish between entrepreneurs who start ...
The following lessons come from the Council for Economic
Education's library of print publications. Clicking the publication titles will take you to the Council for Economic Education Store for more detailed information.
|Mathematics & Economics: Connections for Life - 3-5|
Lesson 2: Choices, Choices
This lesson focuses on decision making (economics) and introduces surveying as a method of data collection (mathematics). After analyzing data on a sample topic, the students use a decision-making gri...
Lesson 6: Bookmark Profit
This lesson focuses on profit (economics) and basic operations (mathematics). Working in small groups, the students act as companies and produce bookmarks. They decide which resources to purchase to p...
Lesson 9: How Much Time?
This lesson focuses on opportunity cost (economics) and graphs (mathematics). The students review terms related to measuring time and convert a time schedule into a pie chart, or circle graph. The stu...
|Financial Fitness for Life: K-2 - Teacher Guide|
Theme 3: Lesson 11 - Ads Make Us Spend
The students explore the role of advertising in the marketplace. They examine various forms of advertising and discover why companies advertise their products. They watch television commercials in ord...
Theme 2: Lesson 4 - Money Lets Us Choose
The students listen to a short story that introduces difficulties involved in making choices. Using a grid, the students discuss costs and benefits as they make choices. (The class uses an apron as a ...
Theme 3: Lesson 10 - We Plan for Spending
The students explore planned and unplanned spending. They construct traffic lights and use them as props in describing consumers' spending decisions as planned or unplanned. They discuss the costs and...
|Financial Fitness for Life: Grades 3-5 - Teacher Guide|
Theme 4: Lesson 14 - Managing Money
The students examine cases in which income is limited and people must therefore make choices about how to manage their money.
Theme 4: Lesson 13 - Buddy, Can You Spare a Dime?
The students decide how they would respond to various lending situations. In assessing these situations, they learn about what to consider in decisions about lending and borrowing. They analyze, from ...
Theme 2: Lesson 4 - The Grasshopper and the Ant
In reading and discussing an adaptation of Aesop's fable 'The Grasshopper and the Ant,' the students learn about the trade-off between satisfying wants today and planning for the future. They use the ...
Theme 3: Lesson 7 - To Choose Is to Refuse
By participating in a readers' theater activity, the students learn about opportunity cost as a key factor in decision making. They use the concept of opportunity cost in a related simulation activity...
|Energy, Economics, and the Environment: Case Studies and Teaching Activities for Elementary School|
Unit 1: Basic Economic Concepts
One of the main purposes of this Energy, Economics, and the Environment (EEE) curriculum is to help students understand the economic implications of basic public policy issues concerning forests, wate...
Unit 2: Trees and Forests
Trees and forests are a vital natural resource and affect our lives in innumerable ways. Therefore, it is very important that we learn how to manage our forest resource effectively. Fortunately, fores...
Unit 3: Water Resources
In this unit, students explore the value of our water resources. Students learn how water resources can become polluted and they investigate the costs involved in cleanup. Students also learn that it ...