Economics Worksheets for Middle & High School

Published:
October 28, 2020

Sarah Shelton

Contributor:
Sarah Shelton

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An economics class is normally taught at the high school level in the 11th or 12th grade. These economics worksheets for high school and middle school will be a great complement to any economics study. It is such an important subject that you can use these to begin to touch on economics in the middle school grades as well.

Economics Worksheets for Middle High School text with an image of money and calculations on paper in the background

Teaching Economics in Middle and High School

Economics is something that can easily be incorporated into a math, or history study in your homeschool. You can include different ages through middle school and at a highschool level as well.

It is important for our children to understand about the different economic systems in our world and not just in the United States. Though we usually focus mostly on the country that we live in when we study economics. We tend to hear more about the U.S. economy during an election year. Your teens may be hearing the word economy a lot in the news even now.

Learning About the Economy

Do students know what an economy is and even understand what that word means? Do they know how an economy  is run, and how spending and using money can help it grow? Do students know what stimulating the economy is and why it is important? What about a financial crisis and inflation? Do kids know what that is and why we need to pay attention to it?

Teaching Economics to Your Teens

Just in our everyday lives we can have common conversations with our teens. This is where we can begin to cover some basic economic concepts. I think economics is a great topic that can be incorporated into a fun unit study or while teaching math, or about government and social studies.

Basic economics is a great life skill that can build a strong foundation for their financial future. You can teach economics with interactive activities in everyday life such as; grocery shopping, paying bills, and balancing a bank account.

Talk about inflation and keep track of the rising costs of groceries and gas. A Google doc is the best way to keep track of what you spend by creating a cash flow spreadsheet. This will give them a better understanding of the relationship of money in everyday life.

Carrie used Bluestocking Press to teach a full economics to her daughter when she was a high schooler. This comprehensive curriculum uses engaging lessons with books and a study guide for each book. Students will learn a lot about economics and how things work in a free market economy with these resources.

Teach Your Children about Economics

Understanding Economics is the perfect way to help your 3rd-8th graders grasp important economic topics.

Kids will learn all about money, capitalism, supply and demand, banking, stocks, the economy, and more in ways they can understand, using examples from their own lives.

Understanding Economics - A Notebook Companion™ to History Is Rich by Honest History

Economics Worksheets

Do you like to include your younger kids in what you are learning? There are some great teacher resources and student activities that you can easily add into your lessons. These are a lot of fun for social studies or for using the unit study method. 

Teaching Economics To Children Using Literature – The Federal Reserve Bank of Philadelphia is a great resource with lesson plans for teaching economics to children using literature. Homeschoolers just love learning with books. These books are broken down by grade levels.

Economics for Kids Lesson Plans and Power Point Presentations – There are tons of lesson plans and presentations for teachers to teach kids about the stock market, banking institutions, consumerism, world currency and more economics topics.

Goods and Services Money Unit Study – This is a great unit study lesson to teach your kids about money changing hands with goods and services and what that means.

Little Entrepreneurs Economic Marketplace Activity Packet – This free lesson plan and printable packet will have your children creating their very own marketplace to shop and spend money at. This is so much fun and they will learn a lot with this hands-on activity.

Money Worksheets

Worksheets that Teach About Money – Help your little ones grasp the concept of money with these worksheets and lots of different activities and ideas.

How to Teach Your Kids to Save Money – Many adults struggle with debt. Teach your kids how to save money at an early age to set them up for a successful future.

Economics Worksheets & Lessons

Economics Printables and Worksheets for Elementary – This is a huge list of printables, worksheets, videos and resources to teach economics to elementary students in your homeschool.

Economics Lesson for Kids Instant Download – Learn about wants and needs plus other important economics topics geared for ages 8-10. It includes a quick review with reading comprehension questions and an answer key is also included in this instant download.

Money for Kids-Free Economics Lesson

Economics for Middle School

When we are teaching economics I also like to include some personal finance lessons in this as well. We discuss spending our money wisely, opening a checking and savings account, why credit cards can be a good and bad thing, and how to create a budget. 

By giving them a personal finance lesson it can help your teens learn to make a good financial decision in their independent life out in the real world.

Middle School and Junior High Economics Worksheets – There are a ton of worksheets and printable lessons that focus on creating a mock business, keeping track of money, balancing a check register, problem solving and more. 

Common Sense Economics Games and Activities – These games and activities will have your teens testing their personal finance IQ, and there is a micro economics and macro economics interactive game to play and explore.

Personal Finance and Economics for Grades 6-8 – Tons of free lesson plans, activities and economics guides for middle school.

Economics for Beginners Series – There are some great animated videos geared toward older elementary and middle school aged students. They total around 30 minutes in all and are a wonderful starting point to learning the basic of economics.

History, Literature and Economics – Economics lessons that accompany popular books that middle schoolers would enjoy reading. These also tie in wonderfully with history lessons.

Economics for High School

The subject of Government and Economics go hand in hand. These are usually one semester credits for high school students. Because of this, they are normally taught one after the other. It is common to teach government one semester, and economics the next semester for a full year.

We really enjoy using the Uncle Eric books when studying Economics. Check out these awesome free printable lesson plans to go with the books.

Finance in the Classroom  has an entire section devoted to printables and lesson plans on many different economics and personal finance topics to learn about.

The Classroom Economist is an online multimedia platform from the Federal Reserve Bank of Atlanta. There are video modules, Power Point lessons and even quizzes your students can take. It is chock full of some really good resources.

Financial Literacy Worksheets

Financial Literacy Lesson Plans – There are 14 lesson plans and worksheets to teach financial literacy to high school students with a separate teacher’s guide to help you teach the units.

The Foundation for Teaching Economics has an entire data base of lesson plans on Economics. They are all broken down by theme and topic and are very easy to find and use in your homeschool.

Sustainable Economics Curriculum – This is a great supplementary curriculum for any high school economics course. There are 8 lessons with activities, vocabulary words and questions for each unit.

The Library of Economics – This is a compilation of 51 key economics concepts that are United States requirements for high school economics courses. You can click on each key topic and get definitions and information on each one. 

Foundation for Teaching Economics – This is a great resource for FTE lesson plans and activities, sorted by topic and is a great supplement to an economics curriculum.

In Conclusion

To ensure your children grow up money-smart, be sure to teach them about economics and how the economy works. Have conversations about current events and the economy at every chance you can get. Be sure they have a bank account and know how to manage their money effectively. Work on building economic skills and financial literacy using a curriculum or via online lesson plans as we have listed above.

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