ERIC Number: ED046843
Record Type: Non-Journal
Publication Date: 1968-Jan-9
Reference Count: N/A
Teachers Guide to Economics in Grade 2.
Lovell, Hugh, Ed.; Ouchi, Albert, Ed.
Basic economic concepts appropriate for the second grade are elaborated in this guide which is intended to be used for enrichment of an existing social studies program. Numerous supporting ideas are used to develop an understanding of the following fundamental concepts: 1) people in a community need goods and services; 2) someone must produce the goods and services a community needs; 3) there is a circular flow of money from families to businesses and government and back to families again; 4) we must have resources in order to produce. If we use our resources for one thing, we cannot use them for another. Because of this, we must make choices: 5) prices help us decide how to use our resources; and, 6) money can be lent and borrowed. Activities are suggested for each concept and lists of resources are provided which include fiction and non-fiction books, films, records, etc. Methods for evaluating instructional outcomes are detailed. "Major Ideas and Sub-Ideas of Modern Economics", an appendix, defines the boundaries of the economic discipline and acts as a guide to the things teachers should cover or emphasize. See SO 000 132 for full information and related documents. (JLB)
Descriptors: Community Education, Consumer Economics, Curriculum Development, Economics, Economics Education, Elementary Education, Fundamental Concepts, Grade 2, Multimedia Instruction, Projects, Resource Materials, Social Studies, State Curriculum Guides, Teaching Guides
Joint Council on Economic Education, 1212 Avenue of the Americas, New York, New York 10036 ($2.00)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Oregon State Board of Education, Salem.