Lesson Plan

The Economics of Santa's Workshop

Understand basic economic concepts

This lesson introduces students to basic economic concepts by exploring the economics involved in Santa's Workshop, such as supply and demand, production, and resource management. This lesson is both educational and festive, helping students understand real-world economic principles in a fun and engaging way. By the end of the lesson, students will have a better grasp of how these concepts apply to everyday situations. The lesson is tailored to engage both Contenders and Leaders, ensuring age-appropriate content and activities.

Audience

Time

Approach

Materials

Step 1

Introduction

10 mins

Step 2

Discussion: Economics in Santa's Workshop

15 mins

Step 3

Activity: Worksheet on Santa's Workshop Economics

20 mins

Step 4

Quiz: Economic Concepts

10 mins

Step 5

Closure

5 mins

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Discussion

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Worksheet

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Quiz

Quiz: Economic Concepts

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Answer Key

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The Economics of Santa's Workshop

Tier 1
For Districts