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  • Economic Lowdown Lessons
The Pickle Patch Bathtub
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Educational Use
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Students learn about opportunity cost, saving, savings goals and a savings plan by reading The Pickle Patch Bathtub. Students will develop savings plans that lead to their own savings goals.

Subject:
Economics
English Language Arts
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Andrew Hill
Bonnie Meszaros
Mary Suiter
Date Added:
09/11/2019
The Piggy Bank Primer: Budget and Saving E-book
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Educational Use
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The Piggy Bank Primer: Budget and Saving e-book for 7 through 9 year olds uses a story, activities, and puzzles to introduce basic economic concepts saving, savings plan, spending, costs, benefits, goods, services, and opportunity cost.

Subject:
Business and Communication
Economics
Finance
Social Science
Material Type:
Lesson
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
10/06/2014
Piggy Bank Primer: Saving and Budgeting
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Educational Use
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Through a story and activities, the student book introduces students to economic concepts such as saving, spending, budgeting, wants, goods, services and opportunity cost.

Subject:
Business and Communication
Economics
Finance
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Student Guide
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
10/09/2014
Piggy Bank Primer: Twenty-five cents of History
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Educational Use
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Students take a close look at nickels and quarters commemorating many of the proudest moments in our country and in the seven states that make up the Federal Reserve's Eighth District. 25 Cents Worth of History is the second student activity book in "The Piggy Bank Primer" series. Young fans of Pig E. Bank will enjoy this new activity book, designed for students ages 8-10 who take a close look at nickels and quarters commemorating many of the proudest moments in our country and in the seven states that make up the Eighth District of the Federal Reserve. Other topics include the Federal Reserve, the U.S. Mint and the history and resources of Eighth District states. Activities include: designing a state coin, matching the "fun facts" with the correct state, locating Fed branch cities on a map and determining which states are endowed with particular natural resources. You'll learn something fun and interesting with each turn of a page.

Subject:
Business and Communication
Economics
Finance
History
Social Science
U.S. History
Material Type:
Lesson
Lesson Plan
Reading
Student Guide
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
10/09/2014
Potato: A Tale from the Great Depression
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Educational Use
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After reading and discussing a story about a family during the Great Depression, students differentiate between goods, services, barter, and money. Students are led through several rounds of a barter activity that incorporates math skills. Through this activity, students learn about the difficulties of using barter to satisfy wants.

Subject:
Economics
English Language Arts
History
Social Science
U.S. History
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Billy Britt
Date Added:
09/11/2019
Production Possibilities
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Educational Use
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Students develop the production possibilities frontier model while discussing the value of models in general in explaining complex ideas. They see what movement along the production possibilities curve entails on both the constant-cost curve and a bowed curve indicating increasing costs. They discuss ways a society can consume beyond the limits of its production possibilities through specialization and trade, as well as through an increase in resources, capital investment, and technological advance.

Subject:
Economics
Social Science
Material Type:
Lesson
Lesson Plan
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Barbara Flowers
Date Added:
10/06/2014
Professional Baseball—Can You Join the League?
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Educational Use
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In this active learning lesson, students apply economic concepts to a professional baseball league. The lesson underscores the importance of incentives, control of supply, and potential market inefficiencies resulting from a cartel. Students assume one of two roles: either (i) a member of a team owner group trying to get its team into the Professional Baseball League or (ii) a member of the Professional Baseball League Expansion Committee deciding whether new teams are admitted.

Subject:
Economics
Social Science
Material Type:
Lesson
Lesson Plan
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Kris Bertelsen
Date Added:
09/11/2019
Professional Basketball—Can You Join the Association? Lesson for Grades 9-12
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Educational Use
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Students apply economic concepts to a professional basketball association. The lesson underscores the importance of incentives, control of supply, and potential market inefficiencies resulting from a cartel. Students assume one of two roles: either (i) a member of a team owner group trying to get its team into the Professional Basketball Association or (ii) a member of the Professional Basketball Association Expansion Committee deciding whether new teams are admitted.

Subject:
Economics
Social Science
Material Type:
Lecture
Lesson
Lesson Plan
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
01/08/2021
Removing the “Punch Bowl”: Inflation and the Federal Reserve’s Use of Contractionary Monetary Policy, Lesson for Grades 10-12
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Educational Use
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This lesson focuses on contractionary monetary policy by analyzing a 1955 primary source document of a speech Federal Reserve Chair William McChesney Martin Jr. gave. In his speech, Martin made the famous analogy that in times of economic expansion the Fed should “remove the punch bowl” before the party gets out of hand. Students will develop critical thinking skills through this primary document analysis and develop data literacy skills through FRED® graph analysis.

Subject:
Business and Communication
Economics
Finance
Social Science
Material Type:
Lesson
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Mike Kaiman
Date Added:
02/23/2022
Saturday Sancocho
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Educational Use
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Students listen to a story and answer questions about a family in Central or South America that barters to get the ingredients for chicken sancocho, a kind of stew. The students complete sentences that record the various trades carried out by the family to obtain all of the ingredients for the sancocho. They also participate in trading activities that illustrate money's advantages over barter.

Subject:
Economics
English Language Arts
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Andrew T. Hill
Date Added:
09/11/2019
Saving Strawberry Farm
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Educational Use
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In this lesson, students learn that saving is essential to economic well-being, especially in times of extreme economic downturn. They read Saving Strawberry Farm, a story about a Depression-era family attempting to save a neighbor's farm by waging a penny auction. Students hear about the lack of goods and services available and the high rate of joblessness during this terrible time. They simulate a bank run to see how even those with savings were affected. Finally, they learn that savings are safe in banks today.

Subject:
Economics
English Language Arts
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Barbara Flowers
Date Added:
09/11/2019
Scraps of Time 1960: Abby Takes a Stand
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Educational Use
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In this lesson, students read about incidences of racial discrimination and how those incidences were met with methods of protests. They engage in an activity that matches programs for low-income people with the type of economic inequity the program addresses and observe an activity simulating tax payments and transfers.

Subject:
Economics
English Language Arts
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Barbara Flowers
Date Added:
09/11/2019
Sheep in a Shop
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Educational Use
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Students listen to a story about sheep that go shopping for a gift. Unfortunately, they don't have quite enough money and must barter wool to obtain the gift they want. The students discuss what barter is and suggest other solutions to the sheep's problems. Students earn cotton balls and pennies for work that they do. They use the cotton balls to decorate a sheep and use extra cotton balls and pennies to buy additional decorations for their sheep.

Subject:
Economics
English Language Arts
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Bonnie Meszaros
Mary C. Suiter
Date Added:
09/11/2019
Sky Boys: How They Built the Empire State Building
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Educational Use
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In this lesson, students learn about human resources, productivity, human capital, and physical capital. They participate in three rounds of a reasoning activity. From round to round they receive training and tools to help them improve their reasoning ability and thus increase their productivity. Students will then listen to a story about how the Empire State Building was built and identify examples of key concepts mentioned or shown in the book.

Subject:
Economics
English Language Arts
History
Social Science
U.S. History
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Erin A. Yetter
Date Added:
09/11/2019
So Few of Me
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Educational Use
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tudents learn about scarcity, alternatives, choices and opportunity costs by reading So Few of Me. The class participates in an activity to help Perdita figure out her morning schedule at summer camp. The students identify Perdita's alternatives, choose activities for her and identify the opportunity costs of those choices. Then, students work in groups to make choices and identify opportunity costs for Juan's after-school schedule.

Subject:
Economics
English Language Arts
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Andrew T. Hill
Date Added:
09/11/2019
Soar to Savings Online Course for Teachers and Students
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Educational Use
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Soar to Savings provides tips for saving and describes the impact of individual saving on the overall economy. As a result of this course, users will have a better understanding of opportunity cost, interest, down payments, and financial investment.

Subject:
Economics
Social Science
Material Type:
Full Course
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
09/11/2019
Sojourner Truth: Ain't I a Woman?
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Educational Use
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In this lesson, students read the story of Sojourner Truth and discuss events that took place during her lifetime. Among these were the abolition of slavery and the effects of policies pertaining to abolition. Students will determine the costs, benefits, and unintended consequences of policies, beginning with an analysis of costs, benefits, and unintended consequences of a policy that would allow them to take two years off of school before advancing to middle school. They will analyze the effects of policies noted in the book and continue the analysis by examining government policies.

Subject:
Economics
English Language Arts
History
Social Science
U.S. History
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Barbara Flowers
Date Added:
09/11/2019
Something Special For Me
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Educational Use
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In this lesson, students learn about the act of saving and how the accumulation of money saved is termed savings. They are read a story about a family that saves and how savings can be used to make a large purchase the family would not ordinarily be able to make. They recognize that there is an opportunity cost to saving, as well as an opportunity cost to spending.

Subject:
Economics
English Language Arts
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Barbara Flowers
Date Added:
09/11/2019
Something from Nothing
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Educational Use
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Students make a choice between a cookie and an ice cream cone and state the opportunity cost of their decisions. They then listen to the story Something from Nothing and identify all the items Grandpa makes his grandson Joseph, beginning with a blanket. Using a sheet of paper that represents Joseph's blanket, students cut out the various items Grandpa made and identify the opportunity cost for each item they cut out.

Subject:
Economics
English Language Arts
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Barbara Flowers
Bonnie Meszaros
Judy Austin
Date Added:
09/11/2019
Spend It! Lesson for Grades 1-2
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Educational Use
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Students listen to the story Spend It! This story is set in Bunnyland where carrots are money. Sonny the bunny has three carrots in his allowance jar. Sonny wants to buy everything, and he learns that he must make a choice because he does not have enough carrots to spend on everything he wants. Students will learn and review new vocabulary from the story (spend, wants, and choice) by completing a spelling activity, and complete a statement using the words. Students will also earn carrots by completing addition and subtraction math problems. Using the carrots they earn, students work with a partner to calculate if they have enough to purchase a toy they want from a list provided to them.

Subject:
Business and Communication
Economics
Finance
Social Science
Material Type:
Lesson
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Andrea J. Caceres-Santamaria
Cinders McLeod
Date Added:
02/23/2022