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How Money Affects Me; Economics for 3rd-5th

This 3-week interactive course covers all economics standards for grades 3-5.
Big Brain Academy
Average rating:
4.8
Number of reviews:
(348)
Star Educator
Class

What's included

6 live meetings
3 hrs 30 mins in-class hours

Class Experience

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. 


Lesson One:
--Take a mock-trip to the candy store to learn about scarcity and opportunity cost 

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.

Lesson Three:
--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 Four:
--Compare jobs of long ago to jobs of today and how those jobs often became the last names of families. 
--Create business cards for themselves choosing a trade or business. 

Lesson Five:
--As a group, a complete a bartering simulation to understand the purpose of money 
--Consider ways to earn income as a child and identify options that interest them 
--Consider future ways of earning income and discover salaries, skills required, and education needed 

Lesson Six:
--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.


--Explain how trade leads to increasing economic interdependence among nations.
--Explain the effects of increasing economic interdependence on different groups within participating nations.
Learning Goals
D2.Eco.1.3-5. Compare the benefits and costs of individual choices.
D2.Eco.2.3-5. Identify positive and negative incentives that influence the decisions people make.
D2.Eco.4.3-5. Explain why individuals and businesses specialize and trade.
D2.Eco.5.3-5. Explain the role of money in making exchange easier.
D2.Eco.6.3-5. Explain the relationship between investment in human capital, productivity, and future incomes.
D2.Eco.7.3-5. Explain how profits influence sellers in markets.
D2.Eco.9.3-5. Describe the role of other financial institutions in an economy.
D2.Eco.10.3-5. Explain what interest rates are.
D2.Eco.3-5. Explain the meaning of inflation, deflation, and unemployment.
D2.Eco.12.3-5. Explain the ways in which the government pays for the goods and services it provides.
D2.Eco.13.3-5. Describe ways people can increase productivity by using improved capital goods and improving their human capital.
D2.Eco.14.3-5. Explain how trade leads to increasing economic interdependence among nations.
D2.Eco.15.3-5. Explain the effects of increasing economic interdependence on different groups within participating nations.
learning goal

Other Details

Supply List
I try to create my classes so that students have the option of either printing or completing assignments online. 
Students will have the best experience if they are able to log in to Pear Deck and Kahoot.
External Resources
In addition to the Outschool classroom, this class uses:
  • Nearpod
  • Kahoot
Joined May, 2020
4.8
348reviews
Star Educator
Profile
Teacher expertise and credentials
We are so excited to share with our students the things we are passionate about. Our classes include:

*social studies
*math concepts
*language arts
*project based instruction
*unique history and biographies
*circle times
*civics

TEACHERS:
Kristina Rinard (Owner)
I was an elementary school teacher for 8 years and a vice principal for 5 (I promise I won't give you my principal look). Since then, I get to share my love for education with preservice teachers as an adjunct professor at the university level. Teaching Certificates include Elementary Education, Cross-Categorical Special Education, Social Studies, Language Arts, and Google Certified Level 1. My degrees include a Bachelors in Elementary Education/Special Education  from Northwest Missouri State, a Masters in Teaching from Webster University, and a Specialist Degree in School Administration from Northwest Missouri State.

Mike Rinard (Civics)

Erin Rynard (Classes for ages 3-8)

Reagan Burgess (Cheerleading)

TEACHING PHILOSOPHY:
We believe that students learn through personal action. Though we frequently use standards to guide instruction, we work to make our classrooms student-centered. Our classes often feature games and investigative activities. 

Students of all backgrounds and learning abilities are welcome in our classrooms. If there is an accommodation you'd like us to make for your child, please reach out. Our classrooms are safe spaces. 

INFORMATION:
We'd be happy to set up a private section for homeschool pods or groups of students wanting to create a consistent experience together. Just shoot us a message and we will work something out!

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Live Group Class
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$70

for 6 classes
2x per week, 3 weeks
35 min

Completed by 41 learners
Live video meetings
Ages: 8-11
3-10 learners per class

This class is no longer offered
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