Needs or wants? That is the question!
Do you need it, or do you want it? That’s an important question to ask before buying anything. This activity is designed to teach kids how to prioritize their needs and wants, and how to make informed choices when shopping.
Counting Money and Making Change
Introduce your Grade 2 students to counting money and forming change combinations. Use these four sets of money math activities individually or in the order listed in this lesson.
Price Check: Inflation in Canada
All about inflation: what it is, what it means and how it's measured. Students will learn how the consumer price index is calculated and create their own student price index to measure the prices that matter most to them.
Trading Up: How Countries Benefit from Freer Trade
Use hands-on activities to explore comparative advantage, opportunity cost and specialization. Students will learn how these key economic concepts help countries benefit from trade.
Playing with Economy
There might be only a handful of basic game formats, but there is an infinity of variations—a surprising number of which require the skills we need to manage our daily economic lives.