Economics Standard One - Grades 4-5

Sample Activities

Using the "mini-society' model, students might be asked to decide on a product to produce and sell within the classroom market [Microeconomics].

Students could be asked to do a survey to find out how many times a week the average student buys a certain commodity (ice cream, video rentals, etc.), and then draw a conclusion about how these rates of purchase would be affected if the price increased by 10%, 50%, or 100% [Microeconomics].

to Economics Standard One.