Foundations of Economics & Money Skills Workbook
$18.95
Build a Strong Foundation of Economics & Financial Literacy Skills—Perfect for Grades 5–8!
Available in PDF or paperback format.
Description
Understanding economics and personal finance helps students make smarter decisions about money and better understand how the world works. Foundations of Economics & Money Skills introduces essential economic and financial literacy concepts clearly and confidently—without overwhelming textbooks or confusing jargon.
Through short, student-friendly readings, hands-on activities, real-world scenarios, and interactive review games, students explore scarcity and choice, entrepreneurship, supply and demand, budgeting, saving, investing, and how the larger economy affects everyday life. Concepts are explained clearly, practiced meaningfully, and connected to real-world examples that students recognize.
Designed for upper-elementary and middle-school learners, this open-and-go workbook is ideal for homeschool families, classroom teachers, and independent learners. It also works well as a refresher for older students who need a clear, approachable review of economics and money fundamentals.
Why Homeschoolers and Teachers Love This Workbook
- Clear explanations of core economics and personal finance concepts written at an accessible reading level
- Hands-on activities that build decision-making, critical thinking, and real-world money skills
- Real-world examples and scenarios that help students apply economic concepts to everyday life
- Interactive games and puzzles that make learning memorable and engaging
- Open-and-go format with easy-to-follow activities for parents, teachers, and independent learners
Perfect For
- Homeschool families seeking a complete, easy-to-use economics and money skills workbook
- Teachers who want ready-to-use activities for economics, financial literacy, or social studies classes
- Students in upper elementary or middle school, or older students needing a quick refresher
- Independent learners building foundational economics and personal finance knowledge
Inside You’ll Find
- 7 focused chapters covering scarcity and choice, economic systems, entrepreneurship, supply and demand, budgeting, saving, investing, and the larger economy
- Student-friendly informational readings with comprehension questions
- Engaging activities that build financial literacy, critical thinking, and social studies skills
- Review games and puzzles to reinforce learning in a low-stress way
- Chapter quizzes to check understanding and track progress
- Complete answer keys for all activities, games, and quizzes
This resource is 80 pages. It’s available as either a PDF digital download (black & white and color) or a paperback on Amazon (black & white only).
What grades is this intended for?
This was designed at a 5th through 8th grade level, but with font and clip art choices allowing it to still be age-appropriate for older students needing a quick refresher or basic overview.
What formats does this come in? Can I modify this?
This workbook is available in two versions: a PDF file that’s available for instant download from the LCG website and as a print paperback through Amazon. Neither are editable.
What skills does this workbook practice?
Several! This covers the basic topics of a Economics & Financial Literacy course, supporting skills like:
- Exercising economic decision-making with concepts like needs vs. wants, scarcity, opportunity cost, and goods and services
- Identifying key components of entrepreneurship, like the basic economic questions, factors of production, and unique value propositions
- Comparing the characteristics of economic systems and how the main system types operate
- Analyzing supply, demand, and prices and how they influence decision-making
- Comparing types of saving and investing to understand when each is most appropriate
- Conducting real-world personal finance research, such as comparing banks’ services and evaluating car purchase options
- Reflecting on how personal financial decisions affect the larger economy and vice versa
- Applying economic thinking to real-world situations and current events
What are the terms of use for this resource?
This resource, including all ancillary files, may be used as needed for regular, non-commercial single-classroom or homeschool use between a teacher/parent and their student(s).
This includes printing copies and sharing digital files with students through a secure platform, like Google Classroom or Canvas, email, or a classroom-only shared drive.
The using and sharing of any part of this resource in any manner outside the above-mentioned capacity is strictly prohibited. Prohibited uses include, but are not limited to,
- posting files on the open internet or in a Facebook group
- emailing files to or sharing print copies with others (without purchasing additional licenses)
- uploading or storing files in a shared cloud drive accessible by anyone other than students
- including any part, or any derivative work, within any commercial endeavor like curriculum development, professional training, or for-profit teaching like Outschool, or selling this resource as your own in either print or digital formats
Doing so violates the Digital Millennium Copyright Act (DMCA), copyright law, and these terms.
By downloading this resource from Let’s Cultivate Greatness, the original user has been granted one license for a single teacher (or number of teachers matching the number of licenses purchased) and their students at any one time.
Let’s Cultivate Greatness retains the full copyright of this resource.
Once again, Erin has created a great resource for social studies teachers. This will fit in my 7th grade curriculum perfectly. We do a small unit on the basics of the economy and this workbook contains a huge amount of material including the basics such as goods and services all the way to the function of the US economy. This hits a variety of standards for my state and school along with boosting my own curriculum in an engaging way.
This workbook is perfectly geared towards middle school students and could work as its own unit or as a supplemental resource. The variety of activities with a focus on vocabulary is one of the things Erin does best. Some of the best components include real-life scenarios which tend to get the most attention from my students. This is a resource that will work with students who have little background knowledge and also those who have some. – Audrey F.
This economics book is a perfect combo for middle school level! The activities and content are well presented for students and is created in ways that students can connect to, by applying concepts to everyday life like vacations, team mascots, and more. The variety of critical thinking activities like crack the code and true, false, explain helps students to think beyond basic recall. Economics is a course that is often difficult to find age appropriate resources for, so this was super helpful! – Carrie O.
I teach economics to freshmen, and I have found many resources in here that can be used to teach the foundations of thinking like an economist. There are even activities that I have used before, but they have a better scope than I had. I'm definitely looking forward to using this in my classroom and having students think like an economist more efficiently. – Isaac V.
