The Economy — Lesson 105

Money Moves

Students participate in a pretend auction to see how supply and demand affects the price of an item.

What Students Learn

  • Money has value when it MOVES
  • When money moves between individuals or groups it is called a 'transaction'
  • Transactions change the financial status of everyone involved

Suggested Time

  • Preview and Episode Viewing: 45 minutes
  • Activity 1: 30-45 minutes
Middle School Lesson Plan

BK Hosts: Supply and Demand

Clips for this Lesson

Portrait of a woman face
Young Entrepreneurs: Vashon Farmers Market
BK Hosts: Supply and Demand
Two women are doing physical exercise
Young Entrepreneurs: Kitsap Credit Union

Lessons in The Economy

Copule are talking to each other
Lesson

The Value of Money

What Students Learn

  • Considering all the global currencies, what determines the value of money? What are the factors that impact the American Dollar?
Lesson

Money Moves

What Students Learn

  • Follow a dollar bill as it moves from a depositor’s hand, to the bank vault, over to the Federal Reserve, and finally out to a project the bank is financing.
Woman at the tree shop
Lesson

The Global Economy

What Students Learn

  • Go around the world and follow the flow of imports and exports that make up the interconnected world economy.
Woman talking something
Lesson

Economic Cycles

What Students Learn

  • Economic cycles go up and down. Learn how to protect yourself against negative effects and plan for the positive trends.
Macro Monster Movie clip with a roaring monster
Lesson

The Economics of Economics

What Students Learn

  • See how businesses use economic principles to make financial decisions, from micro to macro economics, supply and demand, and economic indicators.