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6th grade economics simulations

Preview of Game of Life- budget simulation

Game of Life- budget simulation

In just one class period, your students will not only understand the importance of creating and sticking to a budget, but also practice creating one!- Students are randomly given a "career card" with correlating annual salary and average student loan debt, if applicable. - They will then use a chart to determine how much of their salary will be taken out in the form of federal tax withholding, state tax withholding, social security, and medicare. - They'll then be given a set of choice cards (
Preview of Budgeting Activity: Monthly Budget Project and Worksheets for Middle School

Budgeting Activity: Monthly Budget Project and Worksheets for Middle School

If you are looking for a no-prep, yet detailed budgeting activity, look no further! In this budgeting activity for Google Drive, students will create a monthly budget. This monthly budget project features the elements of career, housing, transportation, monthly expenses, and more! This activity was designed to help with budgeting for middle school students, and was implemented in an 8th grade Social Studies class, but it could easily be incorporated in a variety of subjects and grade levels. Thi
Preview of House Hunters! Engaging Inflation Simulation (Memorable Money Supply Lesson)

House Hunters! Engaging Inflation Simulation (Memorable Money Supply Lesson)

Created by
Ed Dynamic
This is a quick and engaging inflation simulation that students love. It asks students to bid against one another to win the house of their dreams (or nightmares!)In the second round, students budgets are doubled (effectively doubling the money supply for the controlled classroom economy). The simulation demonstrates clearly the relationship between money supply and inflation in one quick and engaging lesson that you and your students will come to enjoy!The directions given are:Inform everyone t
Preview of Gifted and Talented - Living on Your Own:  Lessons in Financial Responsibility

Gifted and Talented - Living on Your Own: Lessons in Financial Responsibility

Created by
Learning Highway
Challenge your gifted and talented to play the “game of life” and survive financially during their first year in college. This concept-based unit allows students to “earn” an inheritance from a distant relative by repurposing items from a barn. With this “money,” students find affordable housing, transportation, furnishings, and other essentials. Then the “game of life begins with monthly reoccurring expenses, opportunities to buy additional necessities and/or wants, as well as challenges or o
Preview of Types of Economic Systems:  Paper Airplane Challenge

Types of Economic Systems: Paper Airplane Challenge

Teach students the different types of economic systems through the Paper Airplane Challenge; a fun and interactive way for students to learn about the four types of economies.  Students begin by either being a producer or consumer of paper airplanes. Through this interactive challenge, students are introduced to the basic principles of each economy type (traditional, command and market).  After small group and class discussions, students will view a Google Slides presentation providing more spe
Preview of Capitalism, Socialism, and Communism Simulation

Capitalism, Socialism, and Communism Simulation

Created by
Jbranchboyle
This simulation highlights the differences between free markets and government planned economies. Students will be engaged in economics by playing rock paper scissors to simulate work and earn money. There are three rounds that simulate Capitalism, Socialism, and Communism. Each round is different and highlights something unique to each economic system. This Resource Includes:-Instructions/Teacher Guide explaining how to begin and conduct the simulation. This guide includes optional ideas on how
Preview of 4th grade Economics mini Problem-Based Cookie Activity!

4th grade Economics mini Problem-Based Cookie Activity!

Created by
JB Creations
Challenge students to put key economic skills to the test in this hands on, engaging activity! Students will create a budget, analyze available factors of production, and perform an actual work task to generate a profit. This simulation utilizes common materials (toothpicks, cookies, paperclips, water) to create a realistic situation for students to work through. This is an all time favorite activity in my intermediate social studies class! Includes directions, budget sheet, activity workshe
Preview of Ultimate Entrepreneurship & Business Mastery Bundle: Shark Tank to Stock Market

Ultimate Entrepreneurship & Business Mastery Bundle: Shark Tank to Stock Market

Experience ALL of my Entrepreneurial, Business Creation, Marketing, Design Thinking, Stock Market and Investing Projects currently available in my TpT Store! Each activity is easily sharable or assignable on Google Classroom or your LMS, and many include printable PDF files for your convenience.In this Bundle you will receive EVERYTHING that is currently listed in The Edpreneur Academy TpT Store! That's 25 activities and projects, enough for 1 full school year of business creation and entreprene
Preview of Economics Activity | Classroom Market Economy Simulation & Classroom Management

Economics Activity | Classroom Market Economy Simulation & Classroom Management

Created by
Mister Harms
Searching for Economics Activities? Looking for a way to make economics class more enjoyable or maybe just improve classroom management? CLA$$ONOMIC$ is an interactive classroom economy that will boost student engagement and help reinforce the major concepts of a market economy. Create your very own classroom economy with this Social Studies simulation. Students love the chance to be an entrepreneur by owning items in the classroom, charging students usage fees, and having opportunities to mak
Preview of Trade and Barter: A Trading Simulation

Trade and Barter: A Trading Simulation

Welcome to the world of economic exchange! Throughout history, people have traded, bartered, negotiated, and haggled in order to receive the greatest amount of goods for the lowest cost. From the direct trade of goods to the use of currency, people have found ways to satisfy their wants and needs. This trade simulation provides students with an opportunity to barter with imaginary resources and goods in order to obtain points. The premise for the simulation is the combination of resources. In th
Preview of Plays, Skits and Reenactments for American History, World History & Economics

Plays, Skits and Reenactments for American History, World History & Economics

Created by
Brian Markwald
This collection contains many of the plays, skits and reenactments listed on my TPT store at a greatly reduced rate.These are GREAT for getting students active and involved in the classroom. See the list below. You can also see a preview of each in my store because they are all sold separately as well.These are also sold separately and in various bundles on my TPT store, too. Here are my current plays, skits and reenactments:American HistoryThe "Ancient Ones", a play about the Anasazi (Early Nat
Preview of Intro to Economics: Needs V. Wants

Intro to Economics: Needs V. Wants

An engaging way to begin a unit on economics! This fun and hands-on activity will have students explore the important concepts of human needs versus wants through an engaging rocket ship simulation. Students will be vicariously drawn into an emergency situation in which they must collaborate, and agree as to what items they consider as ‘essential’ for their survival on their rocket ship mission to live on a far away planet. An interactive Slide Presentation will help guide the groups on their jo
Preview of Engaging Lessons For Teaching Economics!

Engaging Lessons For Teaching Economics!

Created by
Brian Markwald
This bundle contains most of the economic lessons - activities, skits and lessons, that I have done over the years. This includes my three most popular Econ products:Teaching Supply and Demand - Candy and Coke Activity andAll Hail The Glorious Leader! The Command or Planned Economic System.andTeaching Stock Markets and Investing: An Entire UnitPlus - You get all of these: (these are found in the Bonus file)A Real Tax Conundrum (tax and budget simulation)Teaching the Tradition-based Economic Sys
Preview of Candy Economics! Capitalism | Communism | Socialism

Candy Economics! Capitalism | Communism | Socialism

Making learning about the economic systems (capitalism, socialism, and communism) relevant to students in this engaging activity that is sure to be a highlight lesson of your entire year. This lesson includes google slides that includes a review section, step by step directions for student and teacher use throughout the activity, as well as discussion topics after each phase. It also includes a worksheet packet which enhances students learning by giving them time to analyze and compare systems a
Preview of Young Entrepreneur - Independent Business Project (Google Slides)

Young Entrepreneur - Independent Business Project (Google Slides)

This two part project will walk your students through all the steps they need to design a school-wide business, estimate costs, plan a budget, determine pricing for profits, and seek investors! This digital project is ready to go with student editable slides, alternative slides for teacher customization, and a teacher walk through! Whether learners are creating a hypothetical business or actually running a school-wide business, they will LOVE becoming young entrepreneurs!(printer friendly versio
Preview of Fiscal Policy, Monetary Policy, and the Money Supply (Slides, Games, Worksheets)

Fiscal Policy, Monetary Policy, and the Money Supply (Slides, Games, Worksheets)

Created by
Ed Dynamic
This mini-bundle is designed to cover all the crucial content related to Fiscal Policy, the Federal Reserve, Monetary Policy, the Federal Budget, the National Debt, the Money Supply, and Inflation. This 8-part bundle includes twin lessons on fiscal policy and monetary policy with accompanying follow-along notes, as well as two simple and engaging simulations on the money supply that has been a huge favorite in my store. Additionally, there is a lesson on the government budget and government debt
Preview of The Trading Game (Social Studies Simulation)

The Trading Game (Social Studies Simulation)

Created by
Miss A Plus
This trading simulation game was developed during my practicum as part of a unit on Canada's trading partners but can be easily adapted for History and Social Studies lessons in other countries, as well as exploring ancient civilizations. The focus of the game is to instill an understanding of the uneven distribution of global resources, and is intended to be played with lots of time for a (guaranteed passionate!) discussion period afterwards. This game was modeled for the Ontario Curriculum (gr
Preview of 2 Scarcity Simulations and Activities for Basic Economics Concepts

2 Scarcity Simulations and Activities for Basic Economics Concepts

Are you looking for a student-centered simulation to introduce the concept of scarcity and basic economic concepts? Then this is the product for you! Scarcity refers to the basic economic problem, the gap between limited – that is, scarce – resources and theoretically limitless wants. This situation requires people to make decisions about how to allocate resources efficiently, in order to satisfy basic needs and as many additional wants as possible.ObjectiveStudents will engage in a simulation t
Preview of Budget Spreadsheet Project (personal finance & math skills)

Budget Spreadsheet Project (personal finance & math skills)

A step-by-step project with detailed instructions on how to set up an Excel spreadsheet budget. Students will apply math skills in context of a real-life budgeting situation. Students will create a budget: -Based on their future career choice. -Independently by following the instructions using an Excel Spreadsheet. -Over the course of at least 2 class periods (typically students take at least 2.5 hours to complete this project).
Preview of Build a Business Math Project with Volume

Build a Business Math Project with Volume

Created by
Melissa Shutler
This math project combines creativity, human, capital, and natural resources, volume, and balancing a checkbook! Your students will create a business and then build it using rectangular prism nets. After the businesses are done, students will shop in their classmates' stores and balance their checkbook! It has been a huge hit with my fifth graders!Rubric included.Check out the preview!
Preview of Giant Jenga - Stock Market Crash of 1929 simulation review game

Giant Jenga - Stock Market Crash of 1929 simulation review game

This product was designed to help you engage students in a simulation of the 1929 Stock Market Crash - covering vocabulary, causes, effects, and culture of the time period. This simulation is highly engaging and interactive. Be prepared for FUN!Please note: This does not cover details of the crash itself - this is a simulation game to be played AFTER covering the content of the crash - leading to introducing the Great Depression to your students.This product includes the following:Editing Instru
Preview of STEM Economy Simulation Unit

STEM Economy Simulation Unit

Created by
Camp Partridge
This is a complete unit teaching students how personal choices result in benefits and consequences. It teaches them how to create a budget, use a checkbook, balance an account, and prepare for the unexpected. Your students will love this unit, being able to choose their occupation, home, vehicle while choosing their own monthly entertainment and being thrown a curve ball with the included Fate Cards! This unit includes a 7E STEM Unit Lesson Plan.All documents are uneditable PDFs, with the exc
Preview of Gilded Age Simulation Game (Industrial Revolution)

Gilded Age Simulation Game (Industrial Revolution)

This is an engaging and exciting way to get your students to role-play as a corporation during the Gilded Age. Students must make the right decisions along their journey to turn a profit. Just print one game card per student and control the story from your projector!Includes:- Gilded Age Simulation PowerPoint- Gilded Age Student Game Card- RAFT Writing Activity for Assessment Following the AdventureU.S. History Simulations:Civil War Simulation GameGold Rush Simulation GameGilded Age Simulation G
Preview of Economics Role Play: Consumers and Producers {NCSS Standard 7}

Economics Role Play: Consumers and Producers {NCSS Standard 7}

Created by
Katie Maurice
In this role play, there are eleven businesses under four categories (food, clothing, recreation and miscellaneous). Depending on class size, one student should be responsible for each business. Students that are not owners of businesses (producers) will be the consumers. One student will be in charge of headquarters. Business owners (producers) try to attract the most customers. Customers (consumers) try to complete shopping tasks and gather the most "task completed cards". This role play also
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Find Economics resources | TPT

If you’re an educator or parent looking for printable or digital resources to help your student learn about economics, TPT has got you covered. We’ve got a comprehensive collection of economics and financial literacy resources available, including activities and lessons on trade, goods and services, and the stock market to name just a few. With plenty of TPT high-quality resources at your fingertips, you’ll be able to teach economics to your students in no time at all.

Economics activities to try

Here are a few examples of the different types of activities and lessons you can find on TPT to help teach students about economics:

Simulation Activities

You can introduce students to the world of investing, budgeting, and other economics-related activities through simulations. For example, have students research companies they want to "invest" in to show them how the stock market works. If you want to extend the lesson, you can have them periodically check in on their portfolios throughout the year to see how their investments are performing. Or, you could use a simulation to teach them about causes that led up to certain major historical events, like the stock market crash of 1929.

Budgeting Exercises

Help students understand the importance of managing their own financial resources by challenging them to create a budget. Give them a few hypothetical scenarios involving income, expenses, and financial goals. For example, you could ask them to plan a fictional character's monthly expenses, or have them create a budget to save for buying a house.

Trade Games

Through trading games, students can learn about importing and exporting, along with the impact of external forces and trade agreements. Ask students to work in teams and have them trade goods, record their imports and exports, and respond to charges (like tariffs and embargoes).

Cost-Benefit Analysis

Give students a real-world decision to make (e.g., building a new road, investing in a new technology, or buying property) and have them perform a cost-benefit analysis. To deepen the learning, you can ask them to justify their decisions with evidence.

Frequently asked questions for teaching economics

What is economics?

The study of economics is a social science that focuses on the production, distribution, and consumption of goods and services. When teaching economics, the goal is to help students understand how individuals, businesses, governments, and societies make choices about resource allocation. Economics explores various topics related to this, including supply and demand, cost and benefits, and scarcity, to name just a few.

What types of economics resources are available on TPT?

There are many different types of economics resources sold by Sellers on TPT — from budgeting activities to simulation games to units.

How do I find economics resources on TPT?

Educators can save time preparing economics lessons with resources created by experienced teachers. Simply start a search for economics resources on the TPT marketplace, and filter by grade level, price, and/or resource type to find materials that've been proven to work in classrooms like yours. No matter what you’re teaching, there are plenty of lessons and activities sold by Sellers on TPT that are tailored to meet your students' skill levels.