Econ Unit Teaches Value of Hard-Earned Dollar

Creekside Economics Unit Teaches the Value of Hard-Earned Dollar
Posted on 02/01/2019
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photo of Creekside students: econ unitA lot of lessons were wrapped up in a recent economics unit that tasked Creekside ECS second-graders with just one homework assignment over winter break: household chores.

Creekside’s second grade team all used a story titled “Beatrice’s Goat” to help spark a conversation about economics terms like needs, wants, goods, services, producers and consumers. The book followed the true story of a Ugandan family who was able to nourish themselves and make a living through the milk produced by a single goat that was gifted to them through the Heifer Project International.

“They learned how resources can be used in many ways, how people are both producers and consumers, how people work to earn income that they can use to purchase goods and services, and how people often have to save their money to pay for the things they want or need,” said Creekside teacher Jennifer Martin.

Martin emphasized the cultural lesson wrapped up in the project, too, explaining that many of her students were surprised by the living conditions and obstacles to obtaining an education in other countries. In fact, it was through their realizations that the project also became a service learning opportunity in which students brainstormed ways they could earn an income and then use their earnings to fuel a source of income for another family who needs it.

Creekside’s 225 second-graders committed to handle such household chores as washing dishes, vacuuming, dusting and taking out the trash over winter break. In the end, they pooled their earnings, collectively raising more than $1,500 - enough to purchase one llama, eight goats, one pig, both a trio and share of rabbits, five flocks of chicks and two flocks of geese for Ugandan families through the Heifer Project International.

“They all got to see the benefit of working hard for their money, not to mention the excitement that comes with putting those hard-earned dollars toward a good cause,” Martin said.