Behavioral economics concepts can advance understanding, predicting, and controlling complex human behavior. Although there have been numerous attempts to apply behavioral economics concepts to applied settings, there are a limited number of experiments conducted in educational settings. The purpose of the studies in this paper is a to apply…

This document provides teaching guidelines and student material for a unit intended for use in fifth and sixth grade social studies and economics programs. Time allotment is from four to six hours. The objectives are to help students identify the difference between wants and needs, to distinguish between items that are scarce and abundant, to…

Describes a lesson plan which was used successfully to teach the basics of investment to students in a fifth-grade social studies class on economics education. Projects included in the unit included selling stock, pre-sales preparation, selling, profits, and investment. (DB)

Describes a stock market investing project for fifth graders. (SJL)

Discusses "Economics Is FUN-damental," a collection of six musical skits designed to address economic concepts in a manner meaningful and relevant to elementary students. The skits, performed by fourth and fifth graders, are designed to relate economic concepts such as scarcity and supply and demand, to real life situations. (LS)

Illustrates a fifth grade teaching unit on international economics. Gives suggestions for use at the lower elementary and primary grades and points out that incorporation of economics into the elementary education curriculum can produce economically literate citizens in a cost-effective way. (GG)

Reports on a comparative study of two fifth-grade classes (Louisville, Kentucky) whose members learned economic principles through the establishment of a classroom grocery store. Provides a review of the literature relating to economic education and simulations, discusses the actual classroom instruction, and describes the instrument used to…

In 1979 a national norming of the new Basic Economics Test (BET) was conducted. This data made it possible to assess the cognitive impact of "Trade-Offs," a series of 15 20-minute color television film programs in economics education designed for children nine to 13 years old. (Author/AM)

Describes the use of a token economy in a fifth-grade classroom that teaches students economic concepts and helps develop their decision-making skills. States that students learn about scarcity, savings, price, inflation, insurance, rent, and utilities. Includes additional resources. (CMK)

The field tested instructional unit was designed to help fifth graders understand principles related to economics. Lesson topics are: supply and demand, items that maintain a high value, seasonal tourist attractions, seasonal and fluctuating products, principles of budgeting, saving money, and investment possibilities. An introduction for the…

The field test report on the "Sailing with Sales" instructional unit for grade 5 is one of a series of reports on the Arizona developed Career Education Curriculum Units. Presented is specific information as to the success of the units in terms of the learner's cognitive, affective, and psychomotor behavior according to expressed…

Describes a student teacher's experiences using a classroom simulation to teach fifth graders about the world of work. Summarizes the economic concepts and principles that were illustrated through the simulation of a candy factory. Discusses student activities and reporting in the five-six day lesson and includes a list of resources for teaching…

This guide traces and amplifies basic economic concepts through various periods in United States history, such as: 1) discovering the New World; 2) Colonial Period; 3) from the Revolution to the Civil War; 4) regional approach to the American economy; 5) modern period. The concepts deal with such issues as resources and their development and use,…

Developing financial fitness requires developing a knowledge base and then applying it. This teacher guide and student workouts package contains 15 lessons from students at grades 3-5, divided into 4 theme areas of earning and income, saving, spending and borrowing, and managing money. The development of knowledge for use in the everyday life of…

Part four in a series of elementary level economics and consumer education teaching resources, this guide is designed for use with fifth and sixth graders. The first section identifies concepts and related objectives, defines relevant terms, and lists audiovisual and print resources related to each concept. Key concepts include basic economic…