The Economics of Lemonade Stands
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11 Jul The Economics of Lemonade Stands

Posted at 15:21h in education by

A few weeks ago my daughters and one of their friends had a lemonade stand as part of our neighborhood-wide yard sale. The day before that I Tweeted that I had to give a little economics lesson to my kids because we had spent $15 on supplies and they wanted to charge only 25 cents for a large cup of lemonade. 

My daughters and their friend are five and six years old. The lesson I gave them was a very brief and basic one. But that did remind me that EconEdLink offers a more in-depth lesson plan built around hosting a lemonade stand. 

Lemon Squeeze – The Lemonade Stand is a free economics lesson plan designed for use with elementary school and middle school students. The lesson plan uses the backdrop of hosting a lemonade stand to help students learn about supply and demand, pricing, and a little bit about lemons themselves. The resources for teachers who use this lesson plan include tally charts for students to complete, a script for a little play about lemonade stands, and even a recipe for making lemonade from scratch. 

On a related note, five years ago Fast Company produced this video in which they interviewed the “CEOs” of lemonade stands. It’s a cute and insightful video that is well worth four minutes of your time. 

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A few weeks ago my daughters and one of their friends had a lemonade stand as part of our neighborhood-wide yard sale. The day before that I Tweeted that I had to give a little economics lesson to my kids because we had spent $15 on supplies and they wanted to charge only 25 cents for a large cup of lemonade. My daughters and their friend are five and six years old. The lesson I gave them was a very brief and basic one. But that did remind me that EconEdLink offers a more in-depth lesson plan built around hosting a lemonade stand. Lemon Squeeze – The Lemonade Stand is a free economics lesson plan designed for use with elementary school and middle school students. The lesson plan uses the backdrop of hosting a lemonade stand to help students learn about supply and demand, pricing, and a little bit about lemons themselves. The resources for teachers who use this lesson plan include tally charts for students to complete, a script for a little play about lemonade stands, and even a recipe for making lemonade from scratch. On a related note, five years ago Fast Company produced this video in which they interviewed the “CEOs” of lemonade stands. It’s a cute and insightful video that is well worth four minutes of your time. 

New course starting July1st! 25 Search Strategies You Need to Know!Economics Lesson Plans, free lesson plans, Free Technology For Teachers, Lemonade, Lemonade StandRead More

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