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Grade K-2, 3-5
,
Lesson
Updated: April 18 2024,
Author:Lynne Stover,John Kruggel
Teacher Version
Standards Description Production, Specialization, and Interdependence Natural, Capital, and Human Resources Goods and Services Saving
Standards
National Standards in Economics
National Standards in Financial Literacy
State Standards
Concepts
Goods and Services, Productive Resources, Saving, Specialization
Description
Use the lovable character Curious George to capture your students’ attention while teaching about personal finance and economics. Each lesson features a specific Curious George children’s book and includes fun activities to help your students learn about economics. Economic concepts will include goods and services, natural, capital, and human resources, production, specialization, interdepenence, and saving.
Production, Specialization, and Interdependence
In this lesson featuring the book, Curious George Rides a Bike, students participate in a production simulation where they compare the experience making a product on their own and in a group. (Self-sufficiency vs. Interdependence). Students discover that through specialization, production increases. When producers specialize, they become interdependent and rely on one another to produce the goods and services that are wanted. Read aloud available at https://www.youtube.com/watch?v=-YcoFXFTwSo
Natural, Capital, and Human Resources
In this lesson featuring the book, Curious George Makes Pancakes, students discuss how pancakes are made and then identify the natural, capital, and human resources that Curious George used to make the pancakes in the story. They are then asked to come up with a good or service, provide a catchy product name, and fill in a web graphic with correct examples of human, capital and natural resources. Read aloud available at https://www.youtube.com/watch?v=g9ig8rJ4F9E
Use this variation on “four corners” to review natural, capital, and human resources after reading the book, Curious George Goes to the Chocolate Factory. Read aloud available at https://www.youtube.com/watch?v=M5DcyfK5rT8I Love Lucy’s version https://www.youtube.com/watch?v=1QM_hCf7ARg
Goods and Services
Curious George discovers all kinds of bustling businesses on a busy city street in the book, Curious George Takes a Job. In this lesson, students identify goods and services and then work in groups to identify all the goods and services described in the story. Read aloud available at https://www.youtube.com/watch?v=CI_jrKepZTw
Saving
In the story Curious George Saves His Pennies, George wants to buy a new bright-red train, but he does not have enough money. At the suggestion of his friend, George saves his money to buy the train. Students determine a savings goal and come up with ways they can earn money to reach their savings goals. Students are introduced to the difference between income and gift money and participate in an activity where they determine if they are receiving income or gift money and how many weeks it will take them to reach their savings goal. Read aloud available at https://www.youtube.com/watch?v=2Hbf*ckwTNWg
This lesson plan is from the Federal Reserve Bank of St. Louis’ education website. Visit the site for access to a multitude of economics lessons for students, many based on children’s literature.
Subjects:
Economics,Other
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