Category: Economics

Economics is an authentic topic that can be intimidating if not presented correctly. Here are 4 websites that do a good job of addressing this topic in 3rd grade terms.

1. Coffeeshop Game–students learn the economic ins and outs of running a coffee shop
2. Moneyville–Students learn how to thrive in a community as they make and spend money.

You can scale this up or down, depending upon the scaffolding your student group has for understanding this topic.

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What are we as parents and teachers most worried about over the summer? That kids will lose that education sharp edge. It will be dulled by sun and sand and something else.

Worry no more. Here’s your cure: learning disguised as play (inspired by the fascinating website, Playful Learning). Kids will think they’re playing games, but they’ll actually be participating in some of the leading [mostly] free simulations available in the education field. A note: some must be downloaded and a few purchased, so the link might take you to a website that provides access rather than play:

• Bridge Builder—learn how to design and test bridges
• Dimension U–games that focus on math and literacy–fee-based
• Electrocity—how does electricity contribute to the growth of communities
• iCivics—experience what it means to be part of a democracy
• Second Life—simulates just about anything if you can find it
• West Point Bridge Building Contest–build a bridge for the right price and win a contest

Economics/Money

• Admongo–explore, discover and learn about online ads while playing a game
• Coffee Shop—run a coffee shop business
• Lemonade Stand—run a lemonade stand business

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This post is from 2014 so has lost a few of the links. You’ll find good replacements on this list of of money and economic websites for K-8 here. It is always updated.

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Teaching about money is a balancing act–doing so responsibly. I’m always on the lookout for new sites that accomplish that difficult goal. I must confess, they’re hard to come by.

Until Isreal Defeo, new Ask a Tech Teacher contributor, came up with these six. I hadn’t heard of any of them except Planet Orange (which might be going away. I left it in hopes it would survive). Check these out. I think you’ll like them:

It’s never too early to teach your kids about the value of saving money. Some child experts say that as soon as your child can do basic math, that’s a good time to start. You’ll want to begin as early as you can to make those money-saving skills stick: The ideal situation is that it’ll become as ingrained and second nature as brushing your teeth or changing your underwear.

Here are some websites that can help make learning about money fun.

Planet Orange’s

(Literally) out-of-this-world game takes kids by the hand to guide them through basic financial concepts. After signing up, kids pick out an astronaut name and password, and start their interplanetary travels. Tasks must be completed at every planet to earn money (or “Obux”) for gas.

Besides teaching kids that money is necessary for certain activities (like decorating their spaceships), it also demonstrates the concept of bartering, or exchanging goods for other goods.

ING Direct assures parents that the site is purely educational and free to join.

Gone… how sad…

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As a passionate Economics major in college (which grew into an MBA), I find Econ at the root of much of the world around us. It starts with counting coins in first and second grade and grows up to a peek into NASDAQ and other adult subjects in middle school.

Here are my favorite websites (check here for updates to links):

Coins and Counting Money

1. Brain Pop Learn about Money
2. Cash Out
3. Coin Counting
4. Coin games—from US Mint
5. Count Money
6. Counting Money
7. Face on money
8. How much money
9. Make change
10. Money—counting
11. Moneyville
12. Pick A Coin
13. Piggy Bank
14. US Mint virtual tour (a slideshow)
15. World of Money—registration required

Economics–for youngers

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