Economics for Kids
Economics is something that affects everybody in their daily lives, whether they are aware of it or not. Concepts of economics are used in a wide range of situations, ranging from the running of a complex national economic system to the simple operation of a grocery store. Therefore, it is important for children to understand the basics of economics while they are young. In addition to the lessons that they learn in school, children can gain a better understanding of economics by taking part in online activities and playing educational economics games. There are also resources for teachers as well as parents on the Internet.
Online Economic Games
Economics Games: Games from the US Mint that can help children understand a wide variety of economics concepts. (age 5 to 12)
Stock Exchange Game: Learn more about the stock market by playing this interesting game. (age 9 and above)
Economics and Sports: An online baseball game that tests economics and sports knowledge. (age 9 and above)
Rich Kids Smart Kids: Several educational and entertaining economics games for kids. (age 5 and above)
Lemonade Stand: Manage a lemonade stand and learn about basic economics concepts such as pricing, inventory control, and quality control. (age 7 to 12)
Money-Making Game: A fun and effective way for children to learn about money.
Great Economics Sites for Kids
Kids Bank: Website that is dedicated to educating children about money and banking. (age 5 and above)
Econopolis: Interactive activities and lessons to help children learn about economics. (age 5 to 10)
Economics 101: A web page that provides comprehensive economics instructions for kids. (age 10 and above)
Kids and Cash: A Discovery Education page that promotes understanding of economics. (age 5 to 10)
Electric Money: A PBS web page that explores the transformation of money throughout history. (age 9 and above)
Resources for Parents and Teachers
Economics Lesson Plans: A collection of economics lesson plans and classroom activities. (age 5 to 16)
Economics Teaching Materials: A wide range of materials for economics teachers. (age 5 to 16)
Lunch Money: Using lunch money to teach children various economics concepts. (age 9 to 12)
Economics Resources for Teachers: List of exciting lessons for teaching economics in school. (age 10 to 14)
Economics Classroom Activities: Extensive selection of instructional materials for economics teachers. (age 5 to 12)
Economics Experiments and Games: Fun and educational activities to promote creative-thinking in economics students. (age 7 to 12)
Economics Lessons Database: A database with more than 600 economics lesson plans. (age 5 to 12)
Teaching Economics: Curriculum materials and lesson plans for teaching economics. (age 5 to 12)
Economics Instructional Materials: Lots of lesson ideas for educators who are teaching economics. (age 5 to 12)
Economics Parent Resources: Links to useful information for parents who want to teach their kids about economics. (age 5 and above)
High School Economics: Economics resources for parents of high school students. (age 13 and above)