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The Pickle Patch Bathtub
Source: Federal Reserve Bank of St Louis | Type: lesson
Students learn about opportunity cost, saving, savings goals and a savings plan by reading The Pickle Patch Bathtub. Students will develop savings plans that lead to their own savings goals.
Grades:
Concepts:
- Opportunity Cost
- Savers
- Savings
Standards:
- Economics 1: Scarcity
- Economics 10: Role of Economic Institutions
- Personal Finance 6: Saving and investing
Related Resources:
Reviews
The economic concepts taught in this lesson, opportunity cost and savings goals, are well written and appropriate for third graders. The excellent picture book, “The Pickle Patch Bathtub”, these lessons are based on can also be used to teach the seasons of the year to kindergarten students, productive resources to second graders, the growing cycle in a fourth grade science class, and primary and secondary resources to sixth graders.
