$5 - $10 5th Grade Economics Activities (by date, oldest first)

3rd-5th Grade Social Studies Unit: Economics

Grow your students' understanding of economics with this single unit of study for Social Studies! Packed with engaging activities and student texts, this no-prep unit will take your students on a deep dive into the basics of economics. From exploring the dynamics of buyers and sellers to understanding the concept of scarcity and trade, this unit covers all the essential topics to help your students grasp the fundamentals of economics. This unit has everything you need to ensure your students excel in their understanding of economics. Don't miss out on this opportunity to elevate your students' learning experience and empower them with the knowledge they need to succeed in the world of economics.

• Lesson 1: Buyers and Sellers
• Lesson 2: Resources
• Lesson 3: Scarcity and Trade
• Lesson 4: Currency
• Unit Assessment

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Additional Social Studies Resources from Kile's Classroom:

• 5th Grade Social Studies Year Long Bundle- Early American History and Geography
• Regions of the US Digital Project
• Free- Biography Trading Cards Project

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An engaging way to begin a unit on economics! This fun and hands-on activity will have students explore the important concepts of human needs versus wants through an engaging rocket ship simulation. Students will be vicariously drawn into an emergency situation in which they must collaborate, and agree as to what items they consider as ‘essential’ for their survival on their rocket ship mission to live on a far away planet. An interactive Slide Presentation will help guide the groups on their journey… along with prompting students to delve deeper by examining the broader issues of sustainability, waste, and identifying the main differences between ‘developed’ and ‘developing’ countries.

Materials:

• Teacher Reference Guide
• Slide Presentation
• Handouts:

#1. Student Guided Notes & Student Reflection

#2. Rocket Ship Activity

If you liked this lesson see other related lessons here:

• Child Labor: Comparing Industrial Era to Today
• Analyzing Environmental Disasters Caused by Human Activity
• FDR & The New Deal Matching Game
• Mystery: What Caused the Great Depression?
• Post Zombie Apocalypse: What Form of Government Would YOU Create?