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Economics I

ETC Montessori

Price: $235.00
11.50 LBS
CPSIA Exempt
Available on:
Plastic and Cut
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Product Overview

  • No Lamination Required.
  • Printed on Premium Thick Plastic and Cut.
  • This material is ready to start using. No other prep work is needed.

John F. Kennedy once said "Geography has made us neighbors; History has made us friends. Economics has made us partners, and necessity has made us allies."

The teaching of economics in the elementary classroom is something that may be intimidating to the teacher who may not have the background knowledge. Economics is not usually part of our teaching courses and if the teacher took an economics class, it is often difficult to translate those complex concepts into activities for the elementary child. This curriculum presents economic concepts in an approachable way providing the teacher with complete follow-up lessons on how to conduct the presentations.

It makes sense to present this economics curriculum as part of the cultural studies. It provides a framework for the children to understand the interrelatedness of ecology, botany, zoology, and political geography in conjunction with economics. However, it goes beyond the idea of needs and wants and enables children to understand that there are choices that are made regarding resources, both natural and human.

The following concepts are outlined:

  • Introduction to the Economic Geography Mat
    • Urban, Rural, Industrial, Government
  • Needs and Wants
    • Diverse ways that the community meets fundamental needs
    • Goods and services
  • Resources
    • Natural
    • Human
    • Capital
    • Raw Goods to Manufactured Goods
    • Goods chains
  • Scarcity
    • Natural Resources
    • Human Resources
  • Opportunity Costs
    • Level 1 - personal choices
    • Level 2 - occupational choices
    • Level 3 - global choices
  • History of Money
    • BC/AD timeline
    • Barter
  • Producers/Production/Consumers
    • Interdependence webs
  • Division of Labor
    • Job Riddles
    • Businesses now and then
    • How jobs have changed
  • Entrepreneurs and Inventors
    • Who Am I Riddles
    • Research questions

Includes a 40 page Teacher's lessons book showing how to use the materials and how to give the presentations.


Teacher's Notes

View the Standards
met through this material.


Acrylic Sorters

4 Clear Snap Envelopes - Small

1 set of Plastic Sleeve Holders (will utilize 78 sleeves)

ETC Clear Box

Clear Open Container - Small