Unit Study for May - Social Studies - Economics (Updated)

Economics for Kids

Standards

SS2E1 The student will explain that because of scarcity, people must make choices and incur opportunity costs. 

SS2E2 The student will identify ways in which goods and services are allocated (by price; majority rule; contests; force; sharing; lottery; command; first-come, first-served; personal characteristics; and others). 

SS2E3 The student will explain that people usually use money to obtain the goods and services they want and explain how money makes trade easier than barter. 

SS2E4 The student will describe the costs and benefits of personal spending and saving choices

Resources
Take Charge America is a Non-Profit Financial Education center that has financial education teaching resources for EVERY grade level for free.  Go to http://www.takechargeamerica.org/financial-education/teaching-resources/first-grade/

Online Games - http://www.usmint.gov/kids/games/   and http://www.uakron.edu/barkercenter/teacher-resources/online-games/

Meeting Dates

Wednesday, May 20, 2015 from 11:30 a.m. to 12:30 p.m. at the South Cobb Library -  Consumer Math Economics Lesson for Kids

Field Trip - Friday May 29, 2015 from 1:00p.m. - 3:30 p.m. West Georgia Used Book Sale at the Carroll County Agriculture Center, 900 Newnan Road, Carrollton, GA 30117 -This is a great opportunity for our kids to get hands-on sales experience and learn consumer math.