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5th grade economics simulations

Preview of Game of Life- budget simulation

Game of Life- budget simulation

In just one class period, your students will not only understand the importance of creating and sticking to a budget, but also practice creating one!- Students are randomly given a "career card" with correlating annual salary and average student loan debt, if applicable. - They will then use a chart to determine how much of their salary will be taken out in the form of federal tax withholding, state tax withholding, social security, and medicare. - They'll then be given a set of choice cards (
Preview of Supply & Demand Activities - Pizza Assembly Line Simulation & Economics Project

Supply & Demand Activities - Pizza Assembly Line Simulation & Economics Project

Created by
MB Creations
Open a pretend pizza shop and explore assembly line jobs with this classroom simulation. Teach economics in a fun way with this hands-on activity and project. In this history lesson, students will learn about supply and demand in economics. Through a simulation of a pizzeria, students will work together to complete specific tasks in the assembly line and collaborate to make their jobs more efficient, thus increasing production. This has been voted as my 4th grader’s favorite lesson of the entire
Preview of Gifted and Talented - Living on Your Own:  Lessons in Financial Responsibility

Gifted and Talented - Living on Your Own: Lessons in Financial Responsibility

Created by
Learning Highway
Challenge your gifted and talented to play the “game of life” and survive financially during their first year in college. This concept-based unit allows students to “earn” an inheritance from a distant relative by repurposing items from a barn. With this “money,” students find affordable housing, transportation, furnishings, and other essentials. Then the “game of life begins with monthly reoccurring expenses, opportunities to buy additional necessities and/or wants, as well as challenges or o
Preview of Types of Economic Systems:  Paper Airplane Challenge

Types of Economic Systems: Paper Airplane Challenge

Teach students the different types of economic systems through the Paper Airplane Challenge; a fun and interactive way for students to learn about the four types of economies.  Students begin by either being a producer or consumer of paper airplanes. Through this interactive challenge, students are introduced to the basic principles of each economy type (traditional, command and market).  After small group and class discussions, students will view a Google Slides presentation providing more spe
Preview of 4th grade Economics mini Problem-Based Cookie Activity!

4th grade Economics mini Problem-Based Cookie Activity!

Created by
JB Creations
Challenge students to put key economic skills to the test in this hands on, engaging activity! Students will create a budget, analyze available factors of production, and perform an actual work task to generate a profit. This simulation utilizes common materials (toothpicks, cookies, paperclips, water) to create a realistic situation for students to work through. This is an all time favorite activity in my intermediate social studies class! Includes directions, budget sheet, activity workshe
Preview of Ultimate Entrepreneurship & Business Mastery Bundle: Shark Tank to Stock Market

Ultimate Entrepreneurship & Business Mastery Bundle: Shark Tank to Stock Market

Experience ALL of my Entrepreneurial, Business Creation, Marketing, Design Thinking, Stock Market and Investing Projects currently available in my TpT Store! Each activity is easily sharable or assignable on Google Classroom or your LMS, and many include printable PDF files for your convenience.In this Bundle you will receive EVERYTHING that is currently listed in The Edpreneur Academy TpT Store! That's 25 activities and projects, enough for 1 full school year of business creation and entreprene
Preview of Economics Activity | Classroom Market Economy Simulation & Classroom Management

Economics Activity | Classroom Market Economy Simulation & Classroom Management

Created by
Mister Harms
Searching for Economics Activities? Looking for a way to make economics class more enjoyable or maybe just improve classroom management? CLA$$ONOMIC$ is an interactive classroom economy that will boost student engagement and help reinforce the major concepts of a market economy. Create your very own classroom economy with this Social Studies simulation. Students love the chance to be an entrepreneur by owning items in the classroom, charging students usage fees, and having opportunities to mak
Preview of Plays, Skits and Reenactments for American History, World History & Economics

Plays, Skits and Reenactments for American History, World History & Economics

Created by
Brian Markwald
This collection contains many of the plays, skits and reenactments listed on my TPT store at a greatly reduced rate.These are GREAT for getting students active and involved in the classroom. See the list below. You can also see a preview of each in my store because they are all sold separately as well.These are also sold separately and in various bundles on my TPT store, too. Here are my current plays, skits and reenactments:American HistoryThe "Ancient Ones", a play about the Anasazi (Early Nat
Preview of Intro to Economics: Needs V. Wants

Intro to Economics: Needs V. Wants

An engaging way to begin a unit on economics! This fun and hands-on activity will have students explore the important concepts of human needs versus wants through an engaging rocket ship simulation. Students will be vicariously drawn into an emergency situation in which they must collaborate, and agree as to what items they consider as ‘essential’ for their survival on their rocket ship mission to live on a far away planet. An interactive Slide Presentation will help guide the groups on their jo
Preview of Engaging Lessons For Teaching Economics!

Engaging Lessons For Teaching Economics!

Created by
Brian Markwald
This bundle contains most of the economic lessons - activities, skits and lessons, that I have done over the years. This includes my three most popular Econ products:Teaching Supply and Demand - Candy and Coke Activity andAll Hail The Glorious Leader! The Command or Planned Economic System.andTeaching Stock Markets and Investing: An Entire UnitPlus - You get all of these: (these are found in the Bonus file)A Real Tax Conundrum (tax and budget simulation)Teaching the Tradition-based Economic Sys
Preview of Project Based Learning Pizza STEM | PBL Math 5th Grade

Project Based Learning Pizza STEM | PBL Math 5th Grade

Your students will love Pizza STEM Project Based Learning (PBL)! It is a collection fun STEM activities that connects to many important math 5th grade standards, literacy, and economics concepts. This is a fun and tasty PBL. These projects are designed around the theme of pizza. Students research pizza and its history. (non-fiction text) Economics, literacy, and STEM (fractions and decimals) are all integrated into this week unit. You can either approach the math problems whole group or set up
Preview of Young Entrepreneur - Independent Business Project (Google Slides)

Young Entrepreneur - Independent Business Project (Google Slides)

This two part project will walk your students through all the steps they need to design a school-wide business, estimate costs, plan a budget, determine pricing for profits, and seek investors! This digital project is ready to go with student editable slides, alternative slides for teacher customization, and a teacher walk through! Whether learners are creating a hypothetical business or actually running a school-wide business, they will LOVE becoming young entrepreneurs!(printer friendly versio
Preview of The Trading Game (Social Studies Simulation)

The Trading Game (Social Studies Simulation)

Created by
Miss A Plus
This trading simulation game was developed during my practicum as part of a unit on Canada's trading partners but can be easily adapted for History and Social Studies lessons in other countries, as well as exploring ancient civilizations. The focus of the game is to instill an understanding of the uneven distribution of global resources, and is intended to be played with lots of time for a (guaranteed passionate!) discussion period afterwards. This game was modeled for the Ontario Curriculum (gr
Preview of Build a Business Math Project with Volume

Build a Business Math Project with Volume

Created by
Melissa Shutler
This math project combines creativity, human, capital, and natural resources, volume, and balancing a checkbook! Your students will create a business and then build it using rectangular prism nets. After the businesses are done, students will shop in their classmates' stores and balance their checkbook! It has been a huge hit with my fifth graders!Rubric included.Check out the preview!
Preview of Giant Jenga - Stock Market Crash of 1929 simulation review game

Giant Jenga - Stock Market Crash of 1929 simulation review game

This product was designed to help you engage students in a simulation of the 1929 Stock Market Crash - covering vocabulary, causes, effects, and culture of the time period. This simulation is highly engaging and interactive. Be prepared for FUN!Please note: This does not cover details of the crash itself - this is a simulation game to be played AFTER covering the content of the crash - leading to introducing the Great Depression to your students.This product includes the following:Editing Instru
Preview of STEM Economy Simulation Unit

STEM Economy Simulation Unit

Created by
Camp Partridge
This is a complete unit teaching students how personal choices result in benefits and consequences. It teaches them how to create a budget, use a checkbook, balance an account, and prepare for the unexpected. Your students will love this unit, being able to choose their occupation, home, vehicle while choosing their own monthly entertainment and being thrown a curve ball with the included Fate Cards! This unit includes a 7E STEM Unit Lesson Plan.All documents are uneditable PDFs, with the exc
Preview of Gilded Age Simulation Game (Industrial Revolution)

Gilded Age Simulation Game (Industrial Revolution)

This is an engaging and exciting way to get your students to role-play as a corporation during the Gilded Age. Students must make the right decisions along their journey to turn a profit. Just print one game card per student and control the story from your projector!Includes:- Gilded Age Simulation PowerPoint- Gilded Age Student Game Card- RAFT Writing Activity for Assessment Following the AdventureU.S. History Simulations:Civil War Simulation GameGold Rush Simulation GameGilded Age Simulation G
Preview of Economics Role Play: Consumers and Producers {NCSS Standard 7}

Economics Role Play: Consumers and Producers {NCSS Standard 7}

Created by
Katie Maurice
In this role play, there are eleven businesses under four categories (food, clothing, recreation and miscellaneous). Depending on class size, one student should be responsible for each business. Students that are not owners of businesses (producers) will be the consumers. One student will be in charge of headquarters. Business owners (producers) try to attract the most customers. Customers (consumers) try to complete shopping tasks and gather the most "task completed cards". This role play also
Preview of STEM Design a Food Truck Project | Project Based Learning

STEM Design a Food Truck Project | Project Based Learning

STEM Creating a Food Truck/ Food Cart Business is a fun STEM activity that connects to many important economics concepts. Students will be introduced to entrepreneurship as they work with teams to create a food cart or food truck business. Students will name their cart, develop advertisements, and complete a business plan. Then design and create a model food cart/truck. **************************************************************Don't forget that leaving feedback earns you points toward FREE
Preview of Industrial Revolution Simulation Activity: Cottage Industry vs. Assembly Lines

Industrial Revolution Simulation Activity: Cottage Industry vs. Assembly Lines

Created by
Students Rising
Industrial Revolution Simulation Activity: Cottage Industry vs. Assembly LinesLesson Objective:Students will be able to give reasons as to why goods started being made using assembly lines instead of people individually making products out of their homes. Hands On Simulation: Provides students with an emotional experience on the topic, which leads to good memory retention for the concepts introduced. It's an engaging and fun lesson for students and they always really enjoy it. I've used it as a
Preview of Money Matters: A Real-World Simulation for Upper Elementary Students

Money Matters: A Real-World Simulation for Upper Elementary Students

Created by
Kati Searcy
A creative problem-solving unit that simulates real life. Students are faced with real-world decisions related to money management, budgeting, jobs, taxes and bills.Students are randomly assigned families and jobs. They then are presented with real-life situations and decisions that they must make (just as their parents do).Creative problem-solving, decision-making, Socratic seminar, and real-world dilemmas are incorporated into this unit.Printables: Everything you need is in this unit. It h
Preview of Real World Budgeting/Job Simulation (for Distance Learning AND in-person!)

Real World Budgeting/Job Simulation (for Distance Learning AND in-person!)

Created by
Jerry Hales
Based completely online, this personal finance simulation teaches students the importance of budgeting their money, paying their monthly bills, shopping for the best deals, and what things cost! With the included video links to guide them, this works great both for students in the classroom and those learning remotely. Plan for about a week (5 hours of class time or so) to complete this simulation in class. The online and interactive personal finance simulation, allows students to receive one of
Preview of The Island - Government and Economics PBL

The Island - Government and Economics PBL

The Island is a project based learning experience where students “live the experience” of discovering and being stranded on an island. Through this simulation, they will create fictional characters. These characters are then put into situations and incidents that create the plot. As the plot unfolds, students will experience the positive and negatives of a dictatorship, monarchy, and democracy. They will also evaluate needs versus wants and the basics of an economy. Constructed for 3rd and 5th
Preview of SURVIVE HISTORY! The Game: American Indians Using Resources

SURVIVE HISTORY! The Game: American Indians Using Resources

Created by
Game2Learn
No printing. No cutting. No complicated prep-work. Just download and watch your students play and learn! Approximate Game Length: 10-15 minutes.Give your students a fun, animated, and gamified experience of leaning about Native American Tribes and different types of resources! `To play, simply download the game, save on your digital platform so your students can download and play in PowerPoint. It's that simple! Enjoy watching your students Game2Learn!BE SURE TO OPEN AND PLAY IN THE POWERPOINT
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Find Economics resources | TPT

If you’re an educator or parent looking for printable or digital resources to help your student learn about economics, TPT has got you covered. We’ve got a comprehensive collection of economics and financial literacy resources available, including activities and lessons on trade, goods and services, and the stock market to name just a few. With plenty of TPT high-quality resources at your fingertips, you’ll be able to teach economics to your students in no time at all.

Economics activities to try

Here are a few examples of the different types of activities and lessons you can find on TPT to help teach students about economics:

Simulation Activities

You can introduce students to the world of investing, budgeting, and other economics-related activities through simulations. For example, have students research companies they want to "invest" in to show them how the stock market works. If you want to extend the lesson, you can have them periodically check in on their portfolios throughout the year to see how their investments are performing. Or, you could use a simulation to teach them about causes that led up to certain major historical events, like the stock market crash of 1929.

Budgeting Exercises

Help students understand the importance of managing their own financial resources by challenging them to create a budget. Give them a few hypothetical scenarios involving income, expenses, and financial goals. For example, you could ask them to plan a fictional character's monthly expenses, or have them create a budget to save for buying a house.

Trade Games

Through trading games, students can learn about importing and exporting, along with the impact of external forces and trade agreements. Ask students to work in teams and have them trade goods, record their imports and exports, and respond to charges (like tariffs and embargoes).

Cost-Benefit Analysis

Give students a real-world decision to make (e.g., building a new road, investing in a new technology, or buying property) and have them perform a cost-benefit analysis. To deepen the learning, you can ask them to justify their decisions with evidence.

Frequently asked questions for teaching economics

What is economics?

The study of economics is a social science that focuses on the production, distribution, and consumption of goods and services. When teaching economics, the goal is to help students understand how individuals, businesses, governments, and societies make choices about resource allocation. Economics explores various topics related to this, including supply and demand, cost and benefits, and scarcity, to name just a few.

What types of economics resources are available on TPT?

There are many different types of economics resources sold by Sellers on TPT — from budgeting activities to simulation games to units.

How do I find economics resources on TPT?

Educators can save time preparing economics lessons with resources created by experienced teachers. Simply start a search for economics resources on the TPT marketplace, and filter by grade level, price, and/or resource type to find materials that've been proven to work in classrooms like yours. No matter what you’re teaching, there are plenty of lessons and activities sold by Sellers on TPT that are tailored to meet your students' skill levels.