University of Arkansas

Walton College

The Sam M. Walton College of Business

Teaching Resources

From Arkansas history to future careers, everyday topics can create a fun and memorable economics lesson. Use the resources below to help create a dynamic program in your school.

Arkansas History

Who would consider teaching Arkansas history without including economics? I don't think it could be done! To assist you, the Moore Center has collected or developed lessons or curricula on economics as it is applied to Arkansas history. Be sure check them out. They are all hands-on and activity based. Some, such as Ballooning through Arkansas History and Arkansas Park Development make good use of Internet resources. Don't miss the special page on Economic Dimensions of Arkansas history including a lesson and an Internet based Jeopardy formatted game. Students and teachers LOVE it!

  • Economic Dimensions of Arkansas History
    This lesson uses an Arkansas map as a graphic organizer as students learn about industry, history, natural resources, transportation, and geography. After sharing their newly developed knowledge with classmates, they regroup and compete on an Internet based Jeopardy format game --- great fun with maximum learning!
  • Ballooning through Arkansas History: Experiencing Scarcity
    Students working in groups or individually use the Internet to determine where they will stop in each of Arkansas' geographic regions. They have scarcity of time and space as they plan their trip.
  • Arkansas Park Development: Scarcity of Land
    Students research the six natural divisions of the state to determine the location for a new state park. Due to scarcity of resources, only one new park can be developed. The goals of the park and the opportunity cost are important criteria to be considered in this important decision.
  • Arkansas Traveler: What Do You See?
    A K-2 Arkansas history Common Core lesson written by Marsha Masters with Economics Arkansas. Great fun and educational too!
  • The Wheels on the Truck Go Round and Round to Market
    Another fun activity that capitalizes on young learners interest in transportation. Again written by Marsha Masters from Economics Arkansas. Enjoy this Common Core aligned activity.
  • Arkansas: Specializing to Produce a Great State
    Through active participation in assembling an Arkansas puzzle and playing a card game, the students will learn about specialization in early Arkansas. Interdependence and specialization come to life when students first produce Arkansas puzzles on their own and then in production groups. Students learn how division of labor can increase productivity. They then relate these economic concepts to their lives as they go out into the community and interview modern day specialists.

Arkansas History Songs

Arkansas Stories - These songs use traditional music to tell stories of Arkansas pasts.  A great way to introduce new history ideas to your students! 

  • Arkansas Stories - Charley Sandage, performed by: Harmony - Track 7 Sultana (2:44)  

Children's Literature

This page has lessons and links to lessons that use your favorite children's books to teach economic concepts. Keep checking back as more will be added periodically.

College Decisions 

  • College Decision Making Weebly:
  • What's Next: A PACED Decision Making Model for Post-High School Plans
  • Scarcity Opportunity Cost and You, Lesson
  • PACED Decision Making Model

Today's Economy

Teachers are bombarded with questions from students about what is happening in the local and global economy. The current economic situation and financial crisis are difficult to understand. There are many conflicting arguments about what should be done. Questions surface in your class. Students want to know why a parent can't find a job or why a company has gone out of business. Recently, we have seen the interest in understanding economics surge. You may find Planet Money useful in discussing current economic events with students. 

Planet Money – Stories on current economic events ranging from the financial crisis to the European Union crisis. These journalist are experts at making complex economic occurrences easy to understand for YOU and YOUR students.

Market Place 

The Economist 

Entrepreneurship: Arkansas Style

A study by Winthrop Rockefeller Foundation on economic development in Arkansas recommended that we grow we our own businesses. For almost 20 years, the Moore Center has been planting seeds of understanding that have resulted in many exciting programs and the development of a curriculum for upper elementary and middle school students in Arkansas.

Financial Literacy

  • Want to learn to be a millionaire? Or at least to make good financial decisions? Well, the first step could be to play this game to see how finance savvy you are or are not. You will learn a lot by playing.
    • Who Wants to be a Millionaire Game
    • A Money Adventure Lesson
    • Twenty Pennies budget activity
    • Julie's Budget
    • Financial Goals
    • Investor Education Icebreaker
    • Personal Finance 101
    • 50 Ways to Trim Your Budget
  • Your Federal Student Loan
  • What's Up in Finance?
  • Avoiding Charge Card Fraud
  • Calculate YOUR Mortgage
  • Money Track
  • Credit Card Basics
  • Financial Calculators Financial Calculators provided by Ignitespot Outsourced Accounting
  • Money Doesn't Grow on Trees -- A family seminar on teaching money management skills to youth. Learn from the author, receive a book, and participate in activities. Author is Neale Godfrey from the Children's Financial Network Inc.
    • Flyer
    • Making It Happen
    • Money Management Quiz
    • Personal Finance Songs

Globalization

PowerPoints

  • Globalization: An over view of the Debate Over Globalization to make it easy for teachers.
  • South Africa
  • Overview: presentation by South African economic educators at seminar in April 2010.
  • End of Poverty : insight into South Africa's socioeconomic situation
  • Why People Trade
  • US Economy and Globalization
  • Arkansas Exports - AWTC

Lessons

  • Economic Development Scarcity of Resources
  • Children of the World: A lesson where elementary and middle school students research lifestyles of children around the globe using the book by the same title.
  • If the World Were a Village: Link to a lesson to accompany this book that uses a village of 100 people to help students understand the languages, nationalities, religions, foods and lifestyles of the people of the world.
  • Focus Globalization: The Council for Economic Education published a curriculum for high schools on Globalization. This section includes an essay outlining the issues, a PowerPoint of that essay, the first lesson from the curriculum and how to order.
  • Materials: how to order the curriculum from the Council for Economic Education.
  • Introductory Essay: written by David Hummels from Purdue University outlines the issues associated with the globalization debate.
  • Lesson 1: A skit on the costs and benefits of globalization. Great overview activity.
  • Unequal Resources: This lesson is great for grades three to twelve and beyond. Students, working in groups that represent countries, determine how to use scarce resources to fulfill the wants of the people in their countries. Trade or conflict may arise as they deal with the resulting dilemma. This activity can serve as a concrete reference for many issues in our global economic system.

Support Material

  • Book suggestions for Around the World
  • Globalization: Costs and Benefits -- form to use to discuss the impact on Arkansas of globalization.

Weebly Page

Entrepreneurship Education Conference 2013 Live Binder
[Access key: entrepreneurship]

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