{Download FREEBIE pack here.} Economics is my absolute FAVORITE social studies unit to teach. There are so many hands-on activities to do with students and they are so eager to earn and spend money! One of my favorite activities is to end with our "Madden's Marketplace." This is a chance for students to put into action all of the things they have learned about being producers and consumers. To begin with, I send home a letter asking students to create paper goods. Why paper? It's something all of my students have at home (or I can easily give them). I want my marketplace to be fair for all students. I'm sure I could let them have the freedom to create any product, using any materials and I would get some amazing masterpieces. I would also get some elaborate (and expensive) items. That's not what I want. I encourage parents to spend NO money on this and for it to be STUDENT CREATED. I really want them to take the initiative. Here are some samples of paper products my students created to sell this year - everything from rockets to bookmarks to lanterns to hats. I incorporate the making of goods into my students' homework schedule, encouraging them to create two products per night. Before the due date, we work on creating "shops" in class. We create our "shop" by gluing two file folders together. The picture below is using legal-sized file folders, but that just happens to be what we had available. Shop Parts: Signs: Initially, we create the signs for our shops, color the awnings to make them eye-catching. Open/Closed: Next, we create open/closed signs that sit atop our shop so we can easily flip the sign to show the status of our shops. Slogan: We then come up with a catchy slogan. We talk about slogan's we know from commercials. Why did those stick in our heads? We learn to use a play on words, alliteration, onomatopoeia, etc. to make our slogans catchy so consumers will remember them. Product Description: Students each write a product description detailing WHAT their product is and HOW it works or can be used. We talk about the importance of letting consumers know exactly what they are getting. Commercial Script: Finally, students write commercials to "sell" their products to their classmates. We use hooks to get their attention, repetitions of our catchy slogans, and persuasion. Other Components: We also glue on the Consumer Comments, Price, and Interest Inventories, but we leave all of those blank initially. On the day of the marketplace, students set up their shops and lay their products out on display. Then, they have a chance to walk around the classroom and "window shop." They are encouraged to take a good look at all of their options, reading the product descriptions and examining the merchandise. After students have had a good look at all of their choices, I give them stickers (I would recommend 3-4). They walk around and place their stickers on the "Interest Inventory" of the products that interest them the most. The results of the interest inventory are used by the shop owners to determine if they have a high demand or low demand for their products. Knowing the demand helps them determine a price for their product. High demand = higher price. Low demand = lower price. The only rule is that all prices have to be in whole dollars. Once prices are set, then students are ready to go shopping! There are many different ways to let students shop. Some years, if I've done economy-based management system, my students will use "money" they've earned to shop. This year, I just gave them all $12 to shop with. I'm always torn about letting my students split into groups to run their shops (half shop while half work) - it always seems that students don't get to shop at all of the stores in that scenario. To solve that problem, I let all of my students shop at the same time. To do this students create "tokens" to leave at their shop. They create the same number as products they have to sell. For example, if Katie has 10 kites to sell, she creates and leaves 10 tokens with her name or shop name on them. Once each shop has tokens, students are ready to shop. Since there are no workers at the shops to collect money, I give my students "consumer spending logs" with pictures of dollars on them. Since I gave my students 12 dollars to spend, their consumer spending logs had 12 one dollar pictures. As students go around to the shops, they color in the dollars they've spent and pick up tokens (NOT products) that they will trade in for their purchases once the shops close. Once all of the tokens are gone, that shop is "closed." Once a student has colored in all of the dollars on his/her spending log, they are done shopping. It really works out quite well. Once students have traded all of their tokens in for their goods, they are given paper for providing feedback to the shops. They slip these into the "consumer comments" pockets on the storefronts. They love reading the feedback from their customers! <3 After wrapping up our shops, students are often left with some extra products. Instead of having them take their own products back home, I let them put another economics concept into practice - BARTERING! They have a blast working out "fair swaps" for their products and really working to get the other things they may have wanted but didn't have the money to purchase...and of course, they do all of this while proudly wearing some of their favorite purchases. :) All in all, it is a fun day of learning. Students take their roles as both producers and consumers seriously and come away with a real sense of accomplishment! If you would like to download this packet of FREE resources to hold your own Economics shop, you can do so HERE. Enjoy!
Are you ready to turn your students into entrepreneurs? Your students will design and then pitch their inventions to successful investors (sharks). Then, the Investors decide who gets their investment. In this project, your students become the entrepreneurs and pitch their own products! This is by far my favorite Economics project of the year. Watching my students "learn by doing" while having fun, engaging in a little friendly competition, and getting a taste of business brings a smile to my face every single year. Your students will truly love it-trust me :) This project will engage your students as they further explore the main topics of the supply and demand unit in Economics! This project also serves as an interactive way for your students to review the major concepts of: incentives in marketing, cost of production, supply & demand, and profit while also practicing their presentation skills! This project is best used to review the major topics before a unit exam or as the culminating assessment for the unit or even as a primary method for teaching the major topics in a project-based classroom. If you choose to use it as the last option, you will need to supplement the project with lessons about the main topics as students complete each phase. I personally use this project in my 12th grade Economics course to review the major topics before our unit exam. The best part is that you can use this entire lesson for distance or digital learning! All student resources come in a printable PDF version, an EDITABLE MS Word version, AND an EDITABLE Google Docs version. Students just make a copy and they can use the included resources! Materials Needed: Class set of all included worksheets Computers for research Optional: students may need to bring poster boards, video equipment, etc. to class depending on how they choose to do their advertisement Included in Purchase: Detailed Suggested Use and Timeline of Project - including tips on adapting the project for distance learning (PDF only) Detailed Instructions for Investors - including how to choose them- I use staff at my school! (PDF only) Detailed Student Instructions Detailed Student Rubric Worksheet for Investors Worksheet for Students (to complete during other groups' presentations) Real Student Sample of Project (PDF only) To reduce tech issues, please be sure to have the most recent free version of Adobe Reader downloaded. More help linked here. Note: all Google Drive versions appear in the lesson plans of each individual lesson. As of right now, there is no way to copy a folder in Google so for right now you will need to open the lesson plan and make a copy of each digital resource using the provided links and instructions. This resource is also a part of this discounted bundle: Supply and Demand Unit Bundle including Entrepreneur Tank Project You might enjoy: Consumerism & Ethics Economics Lesson The Demand Curve 4 Day Economics Lesson The Supply Curve 2-3 Day Economics Lesson Supply Meets Demand 2 Day Economics Lesson on Market Equilibrium Price Controls Lesson & Minimum Wage Debate! For freebies, teaching tips, and more, check out my blog and sign up for my weekly newsletter! When you sign up, your first email will come with FREE supply and demand warm ups! Don't forget to come back and review this product to earn TPT credits! These credits can go towards future purchases!
Your economics activities should not be boring. There are SO MANY fun ways to make it engaging for students, as well as teach vocabulary.
From Richard Dawkins to the Dalai Lama, read a list of billionaire hedge fund titan Ray Dalio's most recommended books.
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{Download FREEBIE pack here.} Economics is my absolute FAVORITE social studies unit to teach. There are so many hands-on activities to do with students and they are so eager to earn and spend money! One of my favorite activities is to end with our "Madden's Marketplace." This is a chance for students to put into action all of the things they have learned about being producers and consumers. To begin with, I send home a letter asking students to create paper goods. Why paper? It's something all of my students have at home (or I can easily give them). I want my marketplace to be fair for all students. I'm sure I could let them have the freedom to create any product, using any materials and I would get some amazing masterpieces. I would also get some elaborate (and expensive) items. That's not what I want. I encourage parents to spend NO money on this and for it to be STUDENT CREATED. I really want them to take the initiative. Here are some samples of paper products my students created to sell this year - everything from rockets to bookmarks to lanterns to hats. I incorporate the making of goods into my students' homework schedule, encouraging them to create two products per night. Before the due date, we work on creating "shops" in class. We create our "shop" by gluing two file folders together. The picture below is using legal-sized file folders, but that just happens to be what we had available. Shop Parts: Signs: Initially, we create the signs for our shops, color the awnings to make them eye-catching. Open/Closed: Next, we create open/closed signs that sit atop our shop so we can easily flip the sign to show the status of our shops. Slogan: We then come up with a catchy slogan. We talk about slogan's we know from commercials. Why did those stick in our heads? We learn to use a play on words, alliteration, onomatopoeia, etc. to make our slogans catchy so consumers will remember them. Product Description: Students each write a product description detailing WHAT their product is and HOW it works or can be used. We talk about the importance of letting consumers know exactly what they are getting. Commercial Script: Finally, students write commercials to "sell" their products to their classmates. We use hooks to get their attention, repetitions of our catchy slogans, and persuasion. Other Components: We also glue on the Consumer Comments, Price, and Interest Inventories, but we leave all of those blank initially. On the day of the marketplace, students set up their shops and lay their products out on display. Then, they have a chance to walk around the classroom and "window shop." They are encouraged to take a good look at all of their options, reading the product descriptions and examining the merchandise. After students have had a good look at all of their choices, I give them stickers (I would recommend 3-4). They walk around and place their stickers on the "Interest Inventory" of the products that interest them the most. The results of the interest inventory are used by the shop owners to determine if they have a high demand or low demand for their products. Knowing the demand helps them determine a price for their product. High demand = higher price. Low demand = lower price. The only rule is that all prices have to be in whole dollars. Once prices are set, then students are ready to go shopping! There are many different ways to let students shop. Some years, if I've done economy-based management system, my students will use "money" they've earned to shop. This year, I just gave them all $12 to shop with. I'm always torn about letting my students split into groups to run their shops (half shop while half work) - it always seems that students don't get to shop at all of the stores in that scenario. To solve that problem, I let all of my students shop at the same time. To do this students create "tokens" to leave at their shop. They create the same number as products they have to sell. For example, if Katie has 10 kites to sell, she creates and leaves 10 tokens with her name or shop name on them. Once each shop has tokens, students are ready to shop. Since there are no workers at the shops to collect money, I give my students "consumer spending logs" with pictures of dollars on them. Since I gave my students 12 dollars to spend, their consumer spending logs had 12 one dollar pictures. As students go around to the shops, they color in the dollars they've spent and pick up tokens (NOT products) that they will trade in for their purchases once the shops close. Once all of the tokens are gone, that shop is "closed." Once a student has colored in all of the dollars on his/her spending log, they are done shopping. It really works out quite well. Once students have traded all of their tokens in for their goods, they are given paper for providing feedback to the shops. They slip these into the "consumer comments" pockets on the storefronts. They love reading the feedback from their customers! <3 After wrapping up our shops, students are often left with some extra products. Instead of having them take their own products back home, I let them put another economics concept into practice - BARTERING! They have a blast working out "fair swaps" for their products and really working to get the other things they may have wanted but didn't have the money to purchase...and of course, they do all of this while proudly wearing some of their favorite purchases. :) All in all, it is a fun day of learning. Students take their roles as both producers and consumers seriously and come away with a real sense of accomplishment! If you would like to download this packet of FREE resources to hold your own Economics shop, you can do so HERE. Enjoy!
This 1 page worksheet is a quick read with scenarios about opportunity cost. This would be great as homework, or as a supplement to a lesson on opportunity cost! **This freebie is a part of a larger packet for an Economics unit found here: http://www.teacherspayteachers.com/Product/Economics-Extravaganza-Econ-Supplemental-Packet-1348552 **
Book Synopsis Emerging technologies offer a plethora of unprecedented opportunities for entrepreneurs in the digital space. Understanding this evolution is essential for web-based business models to succeed. The Web 3.0 economy is here, and this book has arrived to serve as your guide.Technologies for Modern Digital Entrepreneurship is an in-depth look at the new developments of the digital economic system. Cryptocurrencies, Central Bank Digital Currencies, and Stable Coins are explained through timely case studies, as well as innovations in crowdfunding, educational marketplaces, and scalability in blockchain-based transactions. Author Dr. Abeba N. Turi expertly navigates the industry transition from platform-based centralized Web 2.0 economy to the distributed network economy. Turi additionally explores trust and reputation as currency in the digital economy and allays common fears in digital entrepreneurship such as mistrust by investors and intellectual propertyloss.Avoid falling behind your competitors in the Wild West that is modern digital entrepreneurship. Whether you are a business leader, a technology enthusiast, or a researcher in the field, Technologies for Modern Digital Entrepreneurship gives you the advantage of insightful knowledge using real data and meaningful examples. Amid global regulatory changes and the ever-shifting methods of digital entrepreneurship, our modern era demands this book. What You Will Learn Discover new trends in the digital economic systemComprehend the crowd-based digital business modelsAnalyze the distributed information network economyUnderstand the workings of the currency system under the Web 3.0 economy, including Cryptocurrencies, Central Bank Digital Currencies, and Stable CoinsWho This Book Is ForTechnology enthusiasts, tech and interdisciplinary students, digital business leaders, and researchers in the field From the Back Cover Emerging technologies offer a plethora of unprecedented opportunities for entrepreneurs in the digital space. Understanding this evolution is essential for web-based business models to succeed. The Web 3.0 economy is here, and this book has arrived to serve as your guide.Technologies for Modern Digital Entrepreneurship is an in-depth look at the new developments of the digital economic system. Cryptocurrencies, Central Bank Digital Currencies, and Stable Coins are explained through timely case studies, as well as innovations in crowdfunding, educational marketplaces, and scalability in blockchain-based transactions. Author Dr. Abeba N. Turi expertly navigates the industry transition from platform-based centralized Web 2.0 economy to the distributed network economy. Turi additionally explores trust and reputation as currency in the digital economy and allays common fears in digital entrepreneurship such as mistrust by investors and intellectual property loss. Avoid falling behind your competitors in the Wild West that is modern digital entrepreneurship. Whether you are a business leader, a technology enthusiast, or a researcher in the field, Technologies for Modern Digital Entrepreneurship gives you the advantage of insightful knowledge using real data and meaningful examples. Amid global regulatory changes and the ever-shifting methods of digital entrepreneurship, our modern era demands this book. About the Author Dr. Abeba N. Turi is a scholar with expertise in Digital Economy. She obtained her Ph.D. specializing in the areas of the Digital Economy at the Rovira i Virgili University in Spain. Dr. Turi has worked as an assistant researcher with the UNESCO Chair in Data Privacy, Spain. She has also served in various international research and teaching positions in Africa, Europe and Canada. Currently, Dr. Turi is an instructor at the University Canada West in Vancouver. She has experience working in the areas of webbased business models, which is at the core of modern digital entrepreneurship. Dr. Turi's works have been presented in several international conferences in China, Canada, Germany, Italy, Spain, and the United Kingdom. Dr. Turi identifies herself as a disruptive tech and decentralization enthusiast.
When running a business, it is important to keep an eye out for opportunities that may grow your business. Finding something that might be a game changer for your business could happen at any time. You need to be smart about it. You need to evaluate each opportunity and decide how you can best use […]
I love social studies and how it mixes so well with everything that we are doing in ELA!!
This project brings economics to life by having students become an entrepreneur! Students will use the rubric provided to create a business plan and present the business plan to the class using a creative method of their choice! This works well if other classes also participate. I suggest allowing students to earn "money" for jobs or behavior that they will be able to spend to purchase products from other students. Related Resource: Economics Unit http://www.teacherspayteachers.com/Product/Third-Grade-Economics-Unit-1100384
End of the year activities and printables for elementary students
Need free entrepreneurship curriculum, lesson plans, and projects? Here's entrepreneur lesson plans for high school, middle school, and elementary.
Take a stand in the spirit of your Toronto Raptors with this Social Justice Team T-shirt. The "Love Our Game Value Our Lives" slogan combined with the Toronto Raptors logo combines social impact and sport atop a soft cotton tee. FISLL launched their "Time to Follow Through'" social justice apparel collection and as a 100% Black-owned business, FISLL leveraged their expertise and financial resources to support economic empowerment programs for Black entrepreneurs and Black-owned businesses. As part of this initiative, the NBA, Fanatics and FISLL donated $30,000 to community partners. Officially licensed Short sleeve Crew neck Low puff screen print graphics Tagless collar Sports Fan Shop by Lids This item purchased online must be returned to the vendor by mail only. This item cannot be returned to Macy's stores. 100% Cotton Machine Wash, Tumble Dry Low Imported Web ID: 14564497
Start your young entrepreneur on the right track by letting her imagine her own business. What would she sell? Who would be her business partners?
Book Synopsis The same critical information top business schools teach Based on Professor Stralser's popular seminar series, MBA in a Day? is specifically designed for the busy professional (physician, attorney, architect, nonprofit executive, etc.) or entrepreneur/small business owner, who needs to know about the "business-side" of their practice, organization or business. With comprehensive coverage of vital business topics, important concepts and proven strategies taught at top graduate schools, this handy book offers a complete business education without the hassle of enrolling in an MBA program. Divided into four sections covering management and policy; economics, finance, and accounting; marketing; and systems and processes; this straightforward guide is easy to navigate and simple to use. Packed with illustrative examples, helpful anecdotes, and real-world case studies, this commonsense guide covers everything busy professionals would learn at the very best business schools-if they only had the time. Steven Stralser, PhD (Phoenix, AZ), is Clinical Professor and Managing Director, The Global Entrepreneurship Center at Thunderbird: The American Graduate School of International Management and founder and CEO of The Center for Professional Development, Inc., an organization dedicated to post-graduate training and education of today's professionals. From the Back Cover Praise for MBA IN A DAY(R) "Dr. Stralser's book, MBA in a Day is must reading for every physician who is in a management role, anticipates management responsibilities, or functions in a private, solo, or group practice setting. Insights into the fundamentals of management, marketing, personnel management, finance, and economics will add to one's satisfaction and understanding of his or her contribution in the delivery of modern medicine."--Anthony F. Vuturo, MD, MPH, FACPE Senior Vice President, Canyon Ranch Health Resort Professor Emeritus, University of Arizona College of Medicine "After thirteen years in the National Hockey League, making the transition from professional athlete to entrepreneur has been eased by the practical knowledge that I have implemented from Professor Stralser's MBA in a Day."--Jim Johnson Cofounder, FlexxCoach, e-learning for coaches and athletes Former National Hockey League player "Increased demands, limited time, and higher expectations challenge executives as never before. MBA in a Day is an excellent resource to cut through all the noise and focus on fundamental guiding business principles."--David E. Ratcliffe Director, The Merrill Lynch Center for Philanthropy and Nonprofit Management "Steve Stralser is a master teacher. An MBA from Wharton or Harvard will cost you an arm and a leg. Read this terrific book and invest the money you would have spent on tuition into your own business."--Robert Kramer, PhD Director, Executive Education Programs School of Public Affairs, American University "The 'fundamental' business principles that Professor Stralser teaches in MBA in a Day are integral to sustaining a fast-growing business by any entrepreneur not formally trained in these concepts."--Kenny Kramm Founder, FlavorX An Inc. 500 Company For more information, please visit www.mbainaday.com. About the Author STEVEN STRALSER, PhD, is a clinical professor at Thunderbird: The Garvin School of International Management, where he teaches entrepreneurship. He is the founder and CEO of the Center for Professional Development, an organization dedicated to the further training and development of professionals. Dr. Stralser's MBA in a Day(R) seminar series brings leading-edge concepts and principles taught in today's best business schools to professionals everywhere.
Struggling to craft the perfect strategy? You're not alone. 👇 ---> Unclear Direction ---> Market Dynamics ---> Competitive Pressures ---> Macro-Economic… | 11 comments on LinkedIn
This is an engaging economics resource that students will love! There 20 fun activities and skill building worksheets to make economics meaningful to students. Economic concepts taught: goods and services types of resources (natural, human, capital) entrepreneur producer consumer taxes supply and demand trade and bartering imports and exports competition These lessons have been written so that each lesson builds upon the previous lesson, so it is beneficial to teach the lessons in the order listed in the table of contents. There periodic economic check-ups throughout the unit to ensure students’ understanding of the concepts. Economics Content Includes: Suggested Book List Goods & Services Collage Goods & Services Sort Natural Resources with The Giving Tree Human Resources Brainstorm Capital Resources Top Ten List Productive Resources Trifold Productive Resources Sort Economics Check-up 1 Young Entrepreneurs Entrepreneur or Human Resource Producer or Consumer Economics Check-up 2 I am a Consumer Decisions, Decisions Taxes Economics Check-up 3 Supply and Demand Cupcakes School Supply Competition Where Does it Come From? Imports & Exports Interdependence Bartering Day Culminating Task Economics Test Check out these other social studies products! Social Studies Interactive Notebook Economics Close Reading U.S. History STEM Activities
You may have heard the term "entrepreneur" before, but can the kids explain what one is, name some famous entrepreneurs and talk about the skills needed to become one? Do the children think they would make a good entrepreneur themselves? Let them answer this worksheet and find out!
Need free entrepreneurship curriculum, lesson plans, and projects? Here's entrepreneur lesson plans for high school, middle school, and elementary.
Swot analysis is a consisted in business strength, weakness, opportunity and threats that a business has to face in market. Swot analysis is used to analyze the business condition, objective of project, the internal and external factors etc. this analysis is used to identify the internal and external factors and favorable and unfavorable condition for […]
This Business Plan Template for Kids will serve as a guide to understanding how entrepreneurs plan for their businesses. Click for more.
Do-it-yourselfers, tinkerers, hackers, entrepreneurs, and interested learners are finding opportunities to make what they want and determine their own creative paths. Makers take advantage of the availability of new technology and traditional craft tools, improved communication between community members, and new pathways to the marketplace (sharing economies, e-commerce, crowdsourcing).
Discover the “I Want Money, Not a Job” t-shirt design, a bold and modern statement for those seeking financial freedom and rejecting traditional employment expectations. Ready for instant download, this digital design is perfect for those who want to express their entrepreneurial mindset and desire for financial independence. Characteristics Instant Download: Access the design immediately after purchase. High Resolution: High quality design, ready to be printed on t-shirts of any size. Versatility of Use: Ideal for printing on t-shirts, sweatshirts, bags and other fashion items. File Format: PNG and SVG, compatible with most printers and design platforms. Purchase and Download: Complete the purchase and download the digital file immediately. Print your T-shirt: Use a high-quality printer or printing service to transfer your design onto the garment of your choice. Show off your style: Wear your t-shirt and show the world your independent and bold mindset. 🔴Note This product is a digital file. No physical product will be shipped. Instant download will be available immediately after completing the purchase.
Dimensions (Overall): 9.31 Inches (H) x 6.11 Inches (W) x .99 Inches (D)Weight: 1.44 PoundsSuggested Age: 22 Years and UpSeries Title: Fred W.Morrison Series in Southern StudiesSub-Genre: InfrastructureGenre: Business + Money ManagementNumber of Pages: 468Publisher: University of North Carolina PressFormat: PaperbackAuthor: Douglas FlammingLanguage: EnglishStreet Date: November 20, 1995TCIN: 93371950UPC: 9780807845455Item Number (DPCI): 247-04-0485Origin: Made in the USA or Imported
