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Class: Social Studies Elementary Economics for Third Grade

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Copyright 2019 SchoolhouseTeachers.com, a division of The Old Schoolhouse
®
Magazine
Page 1 of 11
Class: Social Studies – Elementary Economics for Third Grade
Class Length: 10 weeks
Schedule: 5-day/week lesson plan
Resources needed:
• Corresponding lessons on SchoolhouseTeachers.com
• Journal
• Index cards for vocabulary
• Supplies for projects
• Library books listed in the Notes section in Weeks 1, 6, 7, 8, 10
Instructions: This suggested lesson plan is broken down into separate weeks and days. On the line beside each
day, write the specific day of the month you would like your student to complete each assignment (consider writing
dates in pencil). As your student completes each assignment, he/she can mark the check box beside it. When the
entire lesson has been completed, come back to this page and mark the check box beside that lesson. Once the
entire course has been completed, consider printing out a Certificate of Completion as well.
Use the note boxes on each page to provide further instructions, leave a message for your student, remind yourself
abo
ut the details of a particular lesson, and so on.
Lessons Completed (check the following boxes as you have completed each lesson)
Lesson 1: International Trade
Lesson 2: International Trade
Lesson 3: International Trade
Lesson 4: Supply and Demand
Lesson 5: Supply and Demand
Lesson 6: Earning Money
Lesson 7: Earning Money
Lesson 8: What Does It Mean to Produce and Consume?
Lesson 9: Goods and Services
Lesson 10: Goods and Services
Copyright 2019 SchoolhouseTeachers.com, a division of The Old Schoolhouse
®
Magazine
Page 2 of 11
Week 1: International Trade
NOTES:
Books for Week 1:
Passport to the World:
Your A to Z Guided
Language Tour by Craig
Froman
What Is Trade? by
Carolyn Andrews
Day 1 | Date: _________________________________
Prepare for Week 1 on pp. 1-4.
The Trading Game for Days 4 and 5 – prepare in advance using the link on page
4.
Read Passport to the World: Your A to Z Guided Language
Tour by Craig Froman.
Ask the questions 2-6 listed on page 4.
Day 2 | Date: _________________________________
Read Weeks 1-3: International Trade on pp. 7-9.
As you come to a word in bold print, create a vocabulary card for it.
Write the vocabulary word on the front and the definition on the back.
Read What Is Trade by Carolyn Andrews.
Ask the questions 3-4 listed on page 3.
Day 3 | Date: _________________________________
Complete the assignment given in questions 5-7 on page 4.
Day 4 | Date: _________________________________
Reread Weeks 1-3: International Trade on pp. 7-9.
Play The Trading Game.
Day 5 | Date: _________________________________
Download a web map from the link on page 4 and have the
student do the international trade map assignment.
Copyright 2019 SchoolhouseTeachers.com, a division of The Old Schoolhouse
®
Magazine
Page 3 of 11
Week 2: International Trade
NOTES:
Day 1 | Date: _________________________________
Prepare for Week 2 on pp. 1-3, 5.
Reread Weeks 1-3: International Trade on pp. 7-9.
Watch the video on international trade: Why Do Countries Trade,
link on page 5.
Discuss the video with your students.
Day 2 | Date: _________________________________
Research project, steps 4-5 on page 5.
Day 3 | Date: _________________________________
Have the student create a collage of goods and/or services with the
results of the research they did on Day 2. Follow steps 6-8 on page 5.
Day 4 | Date: _________________________________
Reread Weeks 1-3: International Trade on pp. 5-6.
Watch the video on imports and exports: Import-Export Definition for Kids using
the link on page 5, under Days 7-8.
Discuss the video with your students.
Day 5 | Date: _________________________________
Write a paragraph in your journal about what you learned this week.
Copyright 2019 SchoolhouseTeachers.com, a division of The Old Schoolhouse
®
Magazine
Page 4 of 11
Week 3: International Trade
NOTES:
Day 1 | Date: _________________________________
Prepare for Week 3 on pp. 7-8.
Prepare in advance the materials needed to complete the lesson
on imports and exports for Day 1 on page 5, Days 7-8.
Prepare in advance the materials needed to complete the
Import/Export Activity for Day 5 on page 6, Day 9.
Complete the activity Coming and Going: Imports and Exports
Throughout the World on page 5, Days 7-8.
Day 2 | Date: _________________________________
Research project, steps 6-7 on page 5.
Day 3 | Date: _________________________________
Have the student create a collage of goods and/or services with the
results of the research they did on Day 2. Follow steps 8-10 on page 5.
Day 4 | Date: _________________________________
Reread Weeks 1-3: International Trade on pp. 7-9.
Complete steps 2-3 on page 7 on Day 9.
Day 5 | Date: _________________________________
Complete the Import/Export Activity on page 6. Follow the link on page 6, Day 9.
Copyright 2019 SchoolhouseTeachers.com, a division of The Old Schoolhouse
®
Magazine
Page 5 of 11
Week 4: Supply and Demand
NOTES:
Day 1 | Date: _________________________________
Prepare for Week 4 on pp. 10-11.
Prepare in advance cards for the supply and demand scenarios activity on
Day 3 on page 11.
Read Weeks 4-5: Supply and Demand (Surplus and Shortage)
on pp. 13-15.
As you come to a word in bold print, create a vocabulary card for it.
Write the vocabulary word on the front and the definition on the back.
Watch the video Demand and Supply – EconMovies #4: Indiana Jones
The Story of Seeds. Follow the link on page 9, under Days 6-7.
Day 2 | Date: _________________________________
Discuss each of the key terms associated with the reading:
• Supply • demand • surplus • shortage • equilibrium
Day 3 | Date: _________________________________
Complete steps 4-8 on page 11 on Day 2.
Day 4 | Date: _________________________________
Reread Weeks 4-5: Supply and Demand (Surplus and Shortage)
in pp. 13-15.
Watch the video: Supply and Demand Explained in One Minute.
Follow the link on page 11, under Days 3-4.
Day 5 | Date: _________________________________
Complete steps 3-4 on page 11 on Days 3-4.
Copyright 2019 SchoolhouseTeachers.com, a division of The Old Schoolhouse
®
Magazine
Page 6 of 11
Week 5: Supply and Demand
NOTES:
Day 1 | Date: _________________________________
Prepare for Week 5 on pp. 7-8 and 10-11.
Complete steps 5-7 on page 11 on Days 3-4.
Day 2 | Date: _________________________________
Reread Weeks 4-5: Supply and Demand (Surplus and Shortage)
in pp. 13-15.
Watch the video: Supply and Demand. Follow the link on page 11, under Days 5-
6.
Day 3 | Date: _________________________________
Complete steps 3-4 on pp. 11-12 on Days 5-6.
Day 4 | Date: _________________________________
Complete steps 5-7 on page 12 on Days 5-6.
Day 5 | Date: _________________________________
Share your story with your teacher.
Copyright 2019 SchoolhouseTeachers.com, a division of The Old Schoolhouse
®
Magazine
Page 7 of 11
Week 6: Earning Money
NOTES:
Book for Week 6:
Career Day by Anne
Rockwell
Day 1 | Date: _________________________________
Prepare for Week 6 on pp. 16-17.
Prepare a New Wonder Wall.
Complete steps 2-3 on page 17 on Day 1.
Read Career Day by Anne Rockwell.
Day 2 | Date: _________________________________
Complete steps 5-6 on page 17 on Day 1.
Complete steps 8-10 on page 17 on Day 1.
Day 3 | Date: _________________________________
Read Week 6: Earning Money/Why People Work and The Value of
Work on pp. 20-21 on Day 2.
As you come to a word in bold print, create a vocabulary card for it.
Write the vocabulary word on the front and the definition on the back.
Discuss the importance of jobs.
Day 4 | Date: _________________________________
Complete steps 3-4 on page 17.
Reread Week 6: Earning Money/Why People Work and The Value of
Work on pp. 20-21 on Days 3-4.
Watch the video: Jobs and Occupations Game – Guess the Job. Follow
the link on page 17, Days 3-4.
Have your student research career possibilities.
Day 5 | Date: _________________________________
Complete steps 4-5 on page 18 on Days 3-4.
Copyright 2019 SchoolhouseTeachers.com, a division of The Old Schoolhouse
®
Magazine
Page 8 of 11
Week 7: Earning Money
NOTES:
Books for Week 7:
The Most Magnificent
Thing by Ashley Spires
Flight School by Lita
Judge
Can We Help? Kids
Volunteering to Help
Their Communities
by George Ancona
Day 1 | Date: _________________________________
Prepare for Week 7 on pp. 16, 18-19.
Write a narrative on how you will accomplish your career goal in your
journal.
Perform a Strategic Writing Conference with your student. Follow step 7 on
page 18.
Reread Week 6: Earning Money/Why People Work and The Value of
Work on pp. 20-21 on Day 2.
Day 2 | Date: _________________________________
Watch the video: The Grasshopper and the Ant – Short Stories for Children.
Follow the link on page 18, Day 5.
Read The Most Magnificent Thing by Ashley Spires.
Complete steps 4-10 on page 18 on Day 5.
Day 3 | Date: _________________________________
Reread Week 6: Earning Money/Why People Work and The Value of
Work on pp. 20-21 on Days 3-4.
Watch the video: Moral stories teaching about the importance of work-
The story of seeds. Follow the link on page 18, Days 6-7.
Read Flight School by Lita Judge.
Complete steps 4-10 on page 19.
Day 4 | Date: _________________________________
Reread Week 6: Earning Money/Why People Work and The Value of
Work on pp. 20-21 on Days 3-4.
Watch the video: Kids Volunteering (link on page 18, Days 8-9).
Read Can We Help? Kids Volunteering to Help Their Communities
by George Ancona.
Complete steps 4-5 on page 19.
Day 5 | Date: _________________________________
Complete steps 6-9 on page 19.
Copyright 2019 SchoolhouseTeachers.com, a division of The Old Schoolhouse
®
Magazine
Page 9 of 11
Week 8: What Does It Mean to Produce and Consume?
NOTES:
Books for Week 8:
From Cotton to T-shirt by
Robin Nelson
Producers and
Consumers by Ellen
Mitten
From Wax to Crayon by
Robin Nelson
From Tree to Paper by
Pam Marshall
Day 1 | Date: _________________________________
Prepare for Week 8 on pp. 22-24.
Plan a field trip to a company.
Prepare for the activity for Day 2. Create flashcards using the directions on step 3 on
page 23.
Read Week 7: What Does it Mean to Produce and Consume? on pp. 25-26.
As you come to a word in bold print, create a vocabulary card for it.
Write the vocabulary word on the front and the definition on the back.
Read From Cotton to T-shirt by Robin Nelson.
Watch the video and let students interact with it: Producers and Consumers.
Follow the link on page 23.
Day 2 | Date: _________________________________
Complete steps 4-10 on page 23 on Day 1.
Day 3 | Date: _________________________________
Reread Week 7: What Does it Mean to Produce and Consume? on pp. 25-26.
Read Producers and Consumers by Ellen Mitten.
Complete steps 3-8 on page 24.
Day 4 | Date: _________________________________
Reread Week 7: What Does it Mean to Produce and Consume? on pp. 25-26.
Watch the video Capital Resources. Follow the link on page 23.
Read From Wax to Crayon by Robin Nelson.
Complete steps 5-10 on page 23.
Day 5 | Date: _________________________________
Reread Week 7: What Does it Mean to Produce and Consume? on pp. 25-26.
Read From Tree to Paper by Pam Marshall.
Discuss the main idea of the book and how trees are used as a natural resource.
Watch the video: Made in America. Follow the link on page 24.
Complete steps 5-12 on page 24.
Copyright 2019 SchoolhouseTeachers.com, a division of The Old Schoolhouse
®
Magazine
Page 10 of 11
Week 9: Goods and Services
NOTES:
Day 1 | Date: _________________________________
Prepare for Week 9 on pp. 27-28.
Prepare a new Wonder Wall. Follow the link on page 27.
Complete steps 2-4.
Day 2 | Date: _________________________________
Watch the video Goods and Services Movie. Follow the link on page 28, Day 1.
Complete steps 6-9.
Day 3 | Date: _________________________________
Read Weeks 8-9: Goods and Services on pp. 30-31.
As you come to a word in bold print, create a vocabulary card for it.
Write the vocabulary word on the front and the definition on the back.
Day 4 | Date: ________________________________
Complete steps 2-7 on page 28 on Day 2.
Day 5 | Date: _________________________________
Reread Weeks 8-9: Goods and Services on pp. 30-31.
Complete steps 2-4 on pp. 28-29 on Days 3-4.
Copyright 2019 SchoolhouseTeachers.com, a division of The Old Schoolhouse
®
Magazine
Page 11 of 11
Week 10: Goods and Services
NOTES:
Books for Week 10:
Look Where We Live!: A
First Book of Community
Building
By Scot Ritchie
Goods and Services
Around Town by
Heather Schwartz
Day 1 | Date: _________________________________
Prepare for Week 10 on pp. 27 and 29.
Complete steps 5-10 on page 29.
Day 2 | Date: _________________________________
Reread Weeks 8-9: Goods and Services on pp. 30-31.
Read Look Where We Live! A First Book of Community Building by
Scot Ritchie.
Ask comprehensive questions about the book. Use Bloom’s taxonomy
to help you formulate questions. Follow the link on page 29, step 3.
Day 3 | Date: _________________________________
Complete steps 4-6 on page 29.
Day 4 | Date: ________________________________
Reread Weeks 8-9: Goods and Services on pp. 30-31.
Read Goods and Services Around Town by Heather Schwartz.
Complete steps 3-6 on page 29.
Day 5 | Date: _________________________________
Write a paragraph in your journal on what you have learned.
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Class: Social Studies Elementary Economics for Third Grade

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Completed 12 May 2022

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