Teaching strategies for the study of the economic aspects of the student's own community are emphasized in this resource unit developed from materials produced by the Project Social Studies Curriculum Center. This unit should make progress toward teaching children the following: 1) concepts: consumer, producer, capital goods, durable goods, productive resources or factors of production, natural resources and man's use of the physical environment, barter, money and banking, pricing and the cost of production, profits and economic good, demand, competition, economic model, individual proprietorship, partnership, corporation, cooperative, private enterprise system, taxes, division of labor and specialization; 2) generalizations evolving out of this conceptual approach to community study; and, 3) inquiry skills as described in SO 001 726. Attitudinal objectives are: 1) skepticism concerning single-factor causation in the social sciences; and, 2) curiosity about social data. Educational media are listed, student activity sheets and textual materials developed by the Center are also included. Other documents in this series of curriculum guides are ED 051 027 through ED 051 033, ED 052 080 through ED 052 082, and SO 001 278. (VLW)