This Economics course is developed using the National C3 Standards for Social Studies for grades 3-5. This class is highly interactive. Students will be asked to use Nearpod, Kahoot, and Google Slides. Students walking away from this class will have a solid understanding of economics and how it affects our daily lives, our country, and our world. 

Class Interaction: 
Upload game scores to the class leaderboard
Share decisions and business plans via Flipgrid/Outschool Classroom
Invest in one another's business models

Lesson One:
--Complete a bartering simulation to understand the purpose of money 
--Compare jobs of long ago to jobs of today and how those jobs often became the last names of families
--Take an interest survey to find out what jobs match their current interests
--Create business cards for themselves choosing a trade or business. 
--Consider future ways of earning income and discover salaries, skills required, and education needed 

Lesson Two:
--Create a business plan while thinking about positive and negative economic incentives 
--Describe ways people can increase productivity by using improved capital goods and improving their human capital.
--Find out how crayons are made and identify human, physical, and natural resources/capital 
--Run a lemonade stand to discover how profits influences sellers 

Lesson Three:
--Take a mock-trip to the candy store to learn about scarcity and opportunity cost 
--Learn how to make smart choices based on wants and needs
--Use the PACED decision making model to make a decision 

Lesson Four:
--Describe the role of other financial institutions in an economy.
--Explain what interest rates are.
--Explain the meaning of inflation, deflation, and unemployment.
--Explain the ways in which the government pays for the goods and services it provides.

Lesson Five:
--Learn what taxes are and how they affect our pay and economy
--Identify what taxes pay for
--Play a simulation and manage a county budget run by taxes