GAGC 2008 Economics

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Creative ideas for teaching economics through student businesses

Creative ideas for teaching economics through student businesses

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  • 1. Presentation GAGC 2008
  • 2. A Creative Way to Teach Economics in the Elementary Gifted Classroom
  • 3.  
  • 4. Brainstorm – Favorite type of cookie
    • Lemon coolers
    • Oatmeal raisin
    • Girl scout thin mints
    • Peanut butter
    • Gingerbread
    • Fruit raisin
    • Chocolate chip
    • M & M
    • Girl Scout Samoas
    • Pecan
    • Oatmeal
    • Cream filled
    • Jelly
    • Raisin
    • Shortbread
    • Rainbow wafers
    • Vanilla wafers
    • Chocolate chunk
    • Oreo
    • Peanut and chocolate chip
    • Sugar wafers
    • Sugar
  • 5. SURVEY
    • Create a Survey
    • Survey the potential customers
    • Tally surveys
    • And the winner is ……….
  • 6. The Bake-Off
    • Students work with parents to bake and bring in their favorite recipe of the winning type of cookie
  • 7. Taste-Testing
    • Students taste and rank the sample cookies
    • A winning recipe is chosen
  • 8. Cost
    • Determine cost of ingredients
    • Hypothesis vs. Actual
    • Decide on price of cookies and in what amounts they will be sold (individual, dozen)
    • Choose plan for spending any profit
  • 9. To Do List
    • Name the company
    • Design a company logo
    • Make logo buttons or t-shirts
    • Design a web site
    • Set up an e-mail account
    • Design order forms
    • Make copies of order forms for all students
    • Make business cards
    • Start lining up volunteers for baking!!!
  • 10. Production
    • Buy the ingredients and equipment
    • Make the dough
    • Bake the cookies
    • Package the cookies
    • Deliver the cookies
  • 11. 600 cookies later ….. $10.00 sent to President Bush’s Fund for Afghanistan Children $100.00 sent to North Fulton Charities for medical supplies for children
  • 12.  
  • 13. Econ and Me
    • Five 15-minute video excerpts
    • Scarcity
    • Opportunity cost
    • Consumption
    • Production
    • Interdependence
  • 14. K - 2
    • Master Curriculum Guide in Economics
    • Teaching Strategies K – 2
    • by Barbara J. Phipps
    • Economic Wants and Consumers
    • Resources and Producers
    • Scarcity, Choice, and Opportunity Cost
    • Specialization and Independence
    • Money, Markets and Exchange
  • 15. K - 2
    • POCKETWISE
    • Personal Finance Economics, K-2
    • By Carmen Carter, Jan Heiman
    • What is money?
    • Spending decisions
    • Why we save
    • To borrow or not to borrow
  • 16. The Unique Paper Company
    • Case Studies:
      • Bobs Candies
      • Chick-fil-A
      • Egg-Bert (Sutherland’s Food)
    • The Great Economic Mysteries Book
    • Econ and Me video / guide
    • Speaker – Georgia Egg Commission
    • Field Trip
      • Original Dwarf House and Chick Fil-A HQ
  • 17. Licorice Pizza
  • 18. Wonderful Posties and Stick-A-Note
  • 19. Georgia Council on Economic Education
  • 20. 3 - 5
    • Spending decisions
    • Saving decisions
    • Borrowing decisions
    • Money management decisions
  • 21.
    • v
  • 22. National Council on Economic Education
  • 23. Play Dough Economics
    • Opportunity to become:
      • Entrepreneurs who create a store to sell goods
      • Assembly-line workers who mass produce hamburgers
      • Producers that decide what goods to produce, and much more...
  • 24. www.gcee.org
    • Econ & Me
      • For Elementary School Teachers
    • Where Paulding County
    • When May 1, 2008; 8:00 a.m. - 3:00 p.m.
    • Fee No charge; continental breakfast and lunch
    • Deadline to register is April 15 th .
  • 25. Classroom StoreWorks (Tom Snyder)
    • review sales reports, and more students become entrepreneurs heading up businesses they create themselves
    • easy-to-use cash register, students can accept coupons, charge tax, make change, and print receipts.
    • software lets students keep track of inventory, monitor cost of goods,!
    • $44.95 – CD + teacher’s guide
  • 26. BIZWORLD
    • BizWorld teachers the students the basics of business and money management as they start and run their own SIMULATED company
    • $89.00 (grants available)
        • teacher manual, stock certificates, BIZ bucks, 80 skeins of thread for bracelets
    • $18.00
        • teacher manual, stock certificates, BIZ bucks