Lesson

KidsECON Episode 6: School Lesson

Lesson Overview

After watching KidsECON Episode 6, "School,"  the students will learn the basic concept of a budget as a plan for using money. They will identify different school expenses and discuss how choices are made when there isn't enough money for everything.

Duration
Less than 1 hour
Lesson Type
Traditional Lesson

Essential Question

What is a budget, and why is it important for our school to have one?

Grade(s):

Subject(s):

Other Instructional Materials or Notes:

2

Chart paper or whiteboard
Markers
Pictures or drawings representing different school expenses (e.g., pencils, books, playground equipment, teacher salaries, field trip bus, art supplies)
Construction paper or drawing paper
Crayons or markers
Optional: Play money

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