Economics Unit


Looking for engaging activities and lesson plans for teaching elementary economics? This Economics Unit for elementary students comes with detailed lesson plans, hands-on activities, worksheets, sorts, digital activities, passages and questions, assessments, and much more! Whether teaching in-person or virtually, you will save time planning and your students will love learning about economics as they complete the hands-on activities.


Economics Unit

Economics Unit for elementary students is a hands-on unit that combines social studies and language arts skills! Everything you need to teach about resources, goods and services, specialization, and economic choice and opportunity cost can be found here! Whether teaching in-person or remotely, this unit provides a variety of activities to teach about economics.

To take a closer look at this unit, be sure to check out the product preview images at the top of the page!

What will I find in this unit?

This Economics Unit includes 6 detailed lesson plans. All lessons are hands-on and incorporate literacy skills. Students will investigate—

  • Natural resources, human resources, and capital resources
  • Goods, services, and producers
  • Specialization
  • Economic choice and opportunity cost

This Economics Unit also comes with:

  • 10 Worksheets
  • 6 Entry/Exit Tickets
  • 5 Sorts and Foldables
  • 4 Close Reading Passages and Comprehension Questions
  • Matching game
  • Word Wall Cards
  • Quiz
  • Final Test
  • Timeline of Suggested Activities: The timeline of suggested activities includes a timeline for using the activities included within this unit and provides links to websites featuring videos about concepts being taught.
  • Answer keys included throughout

Students will love learning about economics as they complete hands-on activities, create foldables, and complete sorts!

Are digital resources included?

All of the passages and comprehension questions, most worksheets, the quiz, and the final test within this Economics Unit are also included in a digital format and can be shared with students using your Google Drive.

When you purchase this product, you will be given access to a link that will allow you to open the file in Google Slides. You’ll then share that file with your students. The slides can be printed and adapted for students who prefer to answer the questions by hand. You can also view and print a student’s completed version of the slides.

What standards are covered?

This unit is aligned with the third-grade social studies SOLs 3.8, 3.9, and 3.10.

While the unit is specifically aligned to the Virginia SOLs, it also closely matches most economics standards for elementary students.

Don’t miss out!

Bring economics to life in your classroom with these fun lesson plans and activities! Students will master the standards through hands-on and digital activities. This unit also requires minimal prep work for the teacher.

Want to save money?

This unit is included in the 3rd Grade Social Studies Curriculum bundle for a discounted price!


More Social Studies Resources:


Other Information:

©Meghan Vestal, Vestal’s 21st Century Classroom LLC. All rights reserved. This product is to be used by the original downloader only. Copying for teachers, classroom, department, school, or school system is prohibited. This product may not be distributed or displayed digitally for public view. Teachers may NOT upload the product to school/district servers, or to any website, or share digital or print copies. Failure to comply is a copyright infringement and a violation of the Digital Millennium Copyright Act (DMCA). All sales are final.


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