Fifth to Eighth Grade Social Studies Standards
With Emphasis on Economics

[K-1][2-4][5-8][9-12]

Please note: The numbering system for these standards is out-of-date;
however, it will be easy to connect the many lessons to concepts and new standards.

Quick guide to middle school lessons which emphasize economics
Categorized by social studies subject area:
Economics and American Government Economics and Geography
8.3.5 Structure of US Economy (online lessons)
8.3.6 Role of government in US economy (online lessons)
8.3.8 Rights and responsibiities of US citizens (online lesson)
8.3.7 Comparing economic systems (online lessons)
8.3.10 Interpreting graphs, maps, charts
8.4.8 Describing and comparing civilizations
American History
8.1.1 Native American economies
8.1.2 Early exploration
8.1.3 Colonial economies
8.1.6 Western expansion
8.1.10 Analyzing historical events
8.2.4 Great Depression
8.2.5 Post WW II
8.2.8 Writing/analyzing recent history
Online lessons may be printed and copied for classroom use.


Standards (complete) that emphasize economics, with recommended lessons:

8.1.1 Students will describe life in America before the 17th century by:

Lessons for This Standard:

Arts Mart

United States History: Eyes on the Economy, Volume 1
Unit 2: Lesson 1: The New World Was an Old World
Unit 2: Lesson 2: Did Native Americans Act Economically?

8.1.2 Students will trace the routes and evaluate early explorations of the Americas by:

United States History: Eyes on the Economy, Volume 1

Unit 3: Lesson 1: Why do Economies Grow?
Unit 3: Lesson 2: Be a Planet Planner

8.1.3 Students will describe colonial America, such as:


United States History: Eyes on the Economy, Volume 1

Unit 4: Lesson 1: Understanding the Colonial Economy
Unit 4: Lesson 2: The Costs and Benefits of Independence
Unit 4: Lesson 3: Entrepreneurship Case Study: Eliza Lucas Pinckney

8.1.6 Students will describe growth and change in America from 1801 to 1872, such as:

United States History: Eyes on the Economy, Volume 1

Unit 6: Lesson 1: The Tale of the Corset and the Necktie
Unit 6: Lesson 2: Productivity Raises Output
Unit 6: Lesson 3: Lowell Workers and Producers Respond to Incentives
Unit 6: Lesson 4: Cost Cutting is Fashionable
Unit 6: Lesson 5: Improving Transportation
Unit 6: Lesson 6: What is Investments?
Unit 6: Lesson 7: Entrepreneurship Cast Study: Samuel Slater
Unit 7: Lesson 1: Saving and Investing in Razorback
Unit 7: Lesson 2: What Role Does Money Play?
Unit 7: Lesson 3: Boom and Bust in the 1830s

8.1.10 Students will develop skills in discussion, debate, and persuasive writing by analyzing historical situations and events, such as:


United States History: Eyes on the Economy, Volume 1

8.2.4 Students will explain the Great Depression and its effects, such as:


United States History: Eyes on the Economy, Volume 2

Unit 7: Lesson 1: Whatdunit? The Great Depression Mystery
Unit 7: Lesson 2: Where Did All the Income Go?
Unit 7: Lesson 3: When Greeting Cards Were Too Expensive...
Unit 7: Lesson 4: The New Deal
Unit 7: Lesson 5: Can Higher Prices for Agricultural Products Help the Economy?
Unit 7: Lesson 6: We Shall Not Be Moved

8.2.5 Students will describe the economic, social, and political transformation of the United States since World War II, such as:

Creative Activities for Teaching American History - Industrial Era

United States History: Eyes on the Economy, Volume 2

Unit 8: Lesson 1: Growth After World War II
Unit 8: Lesson 2: Why Live in "Sin City" If You Are Not a Sinner?
Unit 8: Lesson 3: Entrepreneurship Case Study: Chuck Berry
Unit 9: Lesson 1: Women in the U.S. Work Force
8.2.8 Students will evaluate different assessments of the causes, costs, and benefits of major events in recent American history to develop discussion, debate, and persuasive writing skills.

United States History: Eyes on the Economy, Volume 2

8.3.5 Students will explain the structure and operation of the United States economy by:

Online: The Real McCoy*

Elijah McCoy was an African-American inventor who successfully designed an automatic oil cup that may have inspired the popular phrase, "the real McCoy." Learn about increasing productivity and patents; ; ©SPEC Publishing.
Online: Give and Take**
After reading about a problem, students identify alternative solutions, trade-offs made in choosing each alternative, and the opportunity cost of selecting each option.. Students describe trade-offs and create a graphic. From Focus: Middle School Economics, ©Council for Economic Education.
Online: How has the Constitution shaped the economy in the U.S.?**
Class discussion and small group task identifying the six characteristics of a market economy and the provisions in the constitution that support a market economy. From Focus on Economics: Civics and Government, ©Council for Economic Education.
Online: Banking Basics

Online: The Basics of Interest Rates

Online: The New Global Realities (conference proceedings)

Online: Once Upon a Dime

Online: Who We Are and What We Do (Federal Reserve)

Arts Mart

Choices & Changes: Choice Making, Productivity, and Planning

Choices & Changes: Choices, the Economy, and You

Creative Activities For Teaching U.S. History- Industrial Era

Economics of Energy, The : A Teaching Kit

Energy and Economics: An Activities Book

Energy, Economics and the Environment: Middle School

Focus: Middle School Economics

In the News!

International News Journal, The: Activities and Teacher's Manual

Learning from the Market: Integrating the Stock Market Across the Curriculum

Master Curriculum Guide in Economics:Teaching Strategies: 5-6

Money in the Middle

Stock Market Game Guide Activities, The

Stock Market Game Tutorial

Trading Around the World

United States History: Eyes On The Economy Vol. 1

United States History: Eyes On The Economy Vol. II

What Economics Is About

You Are the Banker

Zooconomy II: Zoo Business

8.3.6 Students will describe the government's role in the United States economy, such as:

Online: What are the economic functions of government?**

Class discussion and small group task identifying six economics functions of government and examples of these functions using current events. From Focus on Economics: Civics and Government, ©Council for Economic Education.
Focus: Middle School Economics
10. Where Does the Money Go?
11. Where Does the Money Come From?
12. What Does the Nation Consume?
13. An Island Economy
14. No Free Lunch
Master Curriculum Guide in Economics:Teaching Strategies: 5-6
14. If This, Then That
15. Regulation Rigmarole

United States History: Eyes On The Economy Vol. 1

UNIT THREE: ONE. Why Do Economies Grow?
UNIT THREE: TWO. Be A Planet Planner
UNIT FOUR: TWO. The Costs and Benefits of Independence
UNIT FIVE: ONE. Problems Under the Articles of Confederation
UNIT FIVE: TWO. The Constitution: Ground Rules for the Economy
UNIT FIVE: THREE. Entrepreneurship Case Study: George Mason

United States History: Eyes On The Economy Vol. II

UNIT TWO: THREE. Why Give Away Land?
UNIT FOUR: THREE. Regulation of Business.
UNIT FIVE: ONE. What Does A Freed Slave Do?
UNIT FIVE: TWO- THREE. Jim Crow, Boycotts, and Consumer Power
UNIT SEVEN: FOUR. The New Deal
UNIT EIGHT: ONE. Growth After World War II
UNIT NINE: TWO. Why Does the Federal Government Overspend Its Budget?
UNIT NINE: FIVE. Why Does the U.S. Government Discourage World Trade?

8.3.7 Students will compare the United States economic system to systems such as, China, Japan, Canada, South America, and other Western European nations, such as:

Online: Places and production**

Students calculate the US GDP and various examples from South America. Using this information, they make inferences about per-capita income. From Focus on Economics: Geography, ©Council for Economic Education
Choices & Changes: Choices, the Economy, and You
PART ONE: The Economy and My Place In It

Master Curriculum Guide in Economics:Teaching Strategies: 5-6

2. What? How? For Whom?

Trading Around the World

Unit 5: Economic Systems: How Nations Organize Their Economies

United States History: Eyes On The Economy Vol. 1

ONE. Solving Economic Mysteries in US History: A User's Guide
UNIT ONE: TWO. The United States' Past and the Global Economy
UNIT TWO: ONE. The New World Was An Old World
UNIT TWO: TWO. Did Native Americans Act Economically?
UNIT THREE: TWO. Be A Planet Planner
UNIT FIVE: FOUR. Entrepreneurship Case Study: Adam Smith

United States History: Eyes On The Economy Vol. II

UNIT ONE: ONE. Solving Economic Mysteries in U.S. History: A User's Guide
UNIT ONE: TWO. The United States and the Global Economy

8.3.8 Students will demonstrate an understanding of the rights and responsibilities of citizens in America by:

Online lesson: M & M Interesting

For Sixth-Eighth Grades: Lesson 4, Personal Finance, Economics 608: Money in the Middle. Copyright ©1996, Council for Economic Education, New York, NY 10036. Used with permission.
Choices & Changes: Choices, the Economy, and You
PART ONE: The Economy and My Place In It
PART TWO: Making Choices

Focus: Middle School Economics

7. The T-riffic T's Company: Production Decisions

Personal Finance Economics: Money in the Middle

Master Curriculum Guide in Economics:Teaching Strategies: 5-6

7. Widget Production

Stock Market Game Guide Activities, The

LESSON 16: Deciding How To Save

Trading Around the World

Unit 4: Productivity: The Key To Increasing the Wealth of Nations

United States History: Eyes On The Economy Vol. 1

UNIT THREE: ONE. Why Do Economies Grow?

United States History: Eyes On The Economy Vol. II

UNIT THREE: ONE. The Changing US Economy

8.3.10 Students will know how to interpret economic and political issues as expressed in maps, tables, diagrams, charts, political cartoons, and economic graphs.

Arts Mart

Energy and Economics Activity Book

5. Window Treatments for Energy Efficiency

Focus: Middle School Economics

Unit 1: Lesson 2: Give and Take
Unit 2: Lesson 4: How Many Will You Buy?
Unit 2: Lesson 5: Demand Shifters
Unit 3: Lesson 8: How Many Should We Sell?
Unit 4: Lesson 10: Where Does the Money Go?
Unit 4: Lesson 11: Where Does the Money Come From?

Learning From the Market: Integrating the Stock Market Across the Curriculum

Lesson 2: What is a Corporation
Lesson 6: How are Stock Prices Determined?

8.4.8 Students will describe and compare selected civiliations in Asia, Africa, and the Americas, focusing on chronology, location, geography, social structures, form of government, economy, religion, and contribution to later civilizations, such as:

Arts Mart

Voyages of Columbus

Economics and the Environment

Unit VII, lesson ninteen: How Many Children Can Mother Earth Stand?
Economics for the Elementary Classroom

Exploring the Marketplace: International News Journal, Activity Two

Focus: Civics and Government

Unit IV: Lesson Fourteen: Do Economic Forces Lead Immigrants to the U.S.?
Focus: World History

Trading Around the World, Unit V