Economics Unit

Grade Levels
2nd - 5th
Formats Included
  • PDF
  • Activity
30 pages
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Easel Activity Included
This resource includes a ready-to-use interactive activity students can complete on any device. Easel by TpT is free to use! Learn more.


Do you want your students to understand all the economics terms and standards in 3rd and 4th grade? Well this hands-on PBL unit to teach economics covers many different concepts through a real life project. After learning vocabulary your students will go through a project that will teach them all about economics.

This is not a direct teaching product, but a project based learning product.

Why will these lessons help your students grow?

Engagement- Your students will LOVE to create their businesses and sell their products to a consumer.

Rigor- The students will really have to think through decisions that will relate to something that could happen in their real life.

Low Prep- All you have to do is print and let the kids do the rest!

What’s Included?

It covers:

1. Scarcity

2. Opportunity Costs

3. Producers and Consumers

4. Budgets

5. Market Places

In the unit there is:

1. 10 Day Lesson Plan

2. Anchor Charts

3. Situation and Budget Worksheets

4. A large project where students go through the steps of creating a business and sell to classmates or parents

5. Economics Test

6. Letter to students and parents about the project

7. A rubric

What are others saying?!

Kimbery- This unit was nicely aligned to our standards and we were able to get to higher order thinking through some of the activities.

Kelly- This will go along with our unit in Social Studies, trying to find things to jazz up a boring unit. This is perfect

Julie- My kids loved this unit! It was so fun and engaging. Thanks

>>>Read About It Here<<<

I wanted my students to have a project that they would remember forever. I also wanted them to learn all the economics concepts that they needed to learn! That is where the economics project was born. Now each year they are engaged and LOVE create a business while learning so many good concepts.

Much Love,


The Friendly Teacher

Total Pages
30 pages
Answer Key
Teaching Duration
2 Weeks
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