Economics

In Economics, students in grade 5 learn how people, businesses, and governments make choices about money, goods, and services. They explore concepts such as needs and wants, supply and demand, trade, and resources. Learners also discover how jobs and markets connect communities and why budgeting and saving are important in daily life. By studying production and consumption, students see how economic decisions affect both individuals and society. Economics helps children build financial awareness, critical thinking, and responsibility for the future.

🟢 Starter

  • Draw a coin and a bill in Economics.
  • Make a list in Economics of three things you need and three things you want.
  • Role-play in Economics buying a snack from a shop.
  • Draw a piggy bank in Economics and explain why saving is important.
  • Write three sentences in Economics about what money is used for.
  • Draw a picture in Economics of a store with goods to sell.
  • Make a chart in Economics showing goods and services.
  • Role-play in Economics as a shopkeeper and a customer.
  • Write in Economics one reason why people work.
  • Create a poster in Economics about sharing in the community.
  • Draw an item in Economics that can be traded.
  • Write two sentences in Economics about why farmers are important.
  • List three services in Economics provided in your town.
  • Draw in Economics how a family earns and spends money.
  • Make a poster in Economics about saving money.
  • Write in Economics why banks are important.
  • Role-play in Economics paying for a bus ticket.
  • Create a drawing in Economics of a simple marketplace.
  • Write a short riddle in Economics about money.
  • Draw a picture in Economics showing trade between two people.

🟡 Practice

  • Write a story in Economics about earning and saving money.
  • Create a budget in Economics for spending $10.
  • Make a poster in Economics about needs vs. wants.
  • Write a paragraph in Economics about how supply affects price.
  • Draw in Economics how goods move from factory to store.
  • Create a skit in Economics about two kids trading items.
  • Write three reasons in Economics why saving is useful.
  • Create a chart in Economics of three jobs and what they provide.
  • Write in Economics about why prices change.
  • Make a classroom shop in Economics and practice buying and selling.
  • Write three sentences in Economics about taxes.
  • Create a drawing in Economics of workers in different jobs.
  • Write in Economics how technology affects shopping.
  • Create a poster in Economics about helping local businesses.
  • Write a diary entry in Economics as a shopkeeper.
  • Make a list in Economics of five items you could trade with friends.
  • Write three sentences in Economics about why people borrow money.
  • Draw a chart in Economics of supply vs. demand.
  • Write an example in Economics of opportunity cost.
  • Create a slogan in Economics for saving money.

🔴 Challenge

  • Write an essay in Economics about why saving is important for the future.
  • Create a classroom project in Economics to design your own currency.
  • Write a story in Economics about starting a small business.
  • Make a graph in Economics to show how prices rise and fall.
  • Create a debate in Economics about online shopping vs. store shopping.
  • Write a newspaper article in Economics about a market day.
  • Create a budget in Economics for planning a school event.
  • Write in Economics how international trade connects countries.
  • Make a presentation in Economics about jobs in your community.
  • Write an opinion essay in Economics about fair trade.
  • Create a group project in Economics to design a business plan.
  • Write a reflection in Economics about the importance of taxes.
  • Make a slideshow in Economics about how banks work.
  • Write a story in Economics about a family planning expenses.
  • Create a poster in Economics about saving the environment through choices.
  • Write three reasons in Economics why demand affects price.
  • Create a classroom debate in Economics about saving vs. spending.
  • Write in Economics about how inflation changes the value of money.
  • Design a campaign in Economics to support local shops.
  • Write an essay in Economics about how money choices affect the future.
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