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Economics Basics
Sort goods and services, needs and wants, and producers and consumers, explain opportunity cost, plan a budget in taka, and see how supply changes prices at a mango market.
About this worksheet
- Learning goal
- I can explain goods, services, producers, consumers and opportunity cost.
- Level
- Level 3 of 5 (Core)
- Learning path
- Economics
- Teaching style
- Guided practice. Clear steps: an example, then practice that builds to independence.
- Ages and thinking
- Ages 9–10 · Apply · British spelling
- Includes
- Worksheet, clear instructions and an answer key for grown-ups
- US standards
- C3 D2.Eco.1.3-5, D2.Eco.2.3-5, D2.Eco.7.3-5
- National Curriculum in England
- Key Stage 2 · PSHE: economic wellbeing (choices, needs and wants)
- Australian Curriculum v9
- Year 5 · HASS: AC9HS5K08; Year 6: AC9HS6K08
- AC9HS5K08 natural, human and capital resources; needs and wants
- AC9HS6K08 consumer choices and financial decisions
- Pages
- 2
- Rating
- —
- Downloads
- 0
- Grades
- 4th Grade
- File
- —