Something from Nothing Lesson for Grades 3-5

Students make a choice between a cookie and an ice cream cone and state the opportunity cost of their decisions. They then listen to the story Something from Nothing and identify all the items Grandpa makes his grandson Joseph, beginning with a blanket. Using a sheet of paper that represents Joseph's blanket, students cut out the various items Grandpa made and identify the opportunity cost for each item they cut out.

•  Lesson (pdf)

•  Whiteboard (SMART/notebook)

•  Supplemental Math Activity

•  Q&A (pdf)

Parents: View the Q&A using Something from Nothing.

This lesson plan is designed for teaching grades 3, 4, and 5.

Book written by Phoebe Gilman / ISBN 0-590-47280-1. This book is in print and available.

Braille and Talking Book versions are available via the National Library Service for the Blind and Print Disabled. Library of Congress catalogue numbers are provided for accessible versions. The books can be accessed through BARD (Braille and Audio Reading Download). The book is available in Braille LCCN 2003996280.

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Education Level: Pre-K-5
Subjects: Literature Economics
Concepts: Decision-Making Opportunity Cost
Resource Types: Lesson SMART/Promethean/Whiteboard
Languages: English
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