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HomeEducational TechnologyThe Economics of Lemonade Stands

The Economics of Lemonade Stands


A number of weeks in the past my daughters and certainly one of their pals had a lemonade stand as a part of our neighborhood-wide yard sale. The day earlier than that I Tweeted that I needed to give just a little economics lesson to my children as a result of we had spent $15 on provides and so they needed to cost solely 25 cents for a big cup of lemonade. 

My daughters and their buddy are 5 and 6 years outdated. The lesson I gave them was a really transient and fundamental one. However that did remind me that EconEdLink presents a extra in-depth lesson plan constructed round internet hosting a lemonade stand. 

Lemon Squeeze – The Lemonade Stand is a free economics lesson plan designed to be used with elementary faculty and center faculty college students. The lesson plan makes use of the backdrop of internet hosting a lemonade stand to assist college students study provide and demand, pricing, and just a little bit about lemons themselves. The sources for lecturers who use this lesson plan embrace tally charts for college students to finish, a script for just a little play about lemonade stands, and even a recipe for making lemonade from scratch. 

On a associated be aware, 5 years in the past Quick Firm produced this video wherein they interviewed the “CEOs” of lemonade stands. It is a cute and insightful video that’s effectively price 4 minutes of your time. 

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