1. 1 Economics Education Dr. Tonja L. Root Early Childhood & Reading Education Valdosta State University Valdosta, GA 31698

2. 2 Economics n Body of knowledge & a way of thinking n Purpose: to enable students to use concepts in lives & become informed, competent citizens n Based on concern about scarcity

3. 3 Classroom Economics n Provide options to determine preferences & priorities, & make appropriate decisions -- every day n Advantages & disadvantages of choices presented, discussed, & weighed n Opportunities to make decision & discuss consequences

4. 4 Personal Economics n Awareness of terms & concepts needed in economics of individual daily lives: money, budgeting, banking, careers n Strategies for determining personal choices & using good decision- making skills: scarcity, opportunity cost, cost-benefit analysis

5. 5 Economics & Decision Making: Ideas for the Classroom n Money-making project n class store n using money & bartering n field trip to local business n board games using money & economic concepts n class jobs providing goods & service, & their interaction n imaginary vacation

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