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Economics

Future-Ready learning at The STEM Lab

Our Economics Curriculum helps students understand the building blocks of how the economy works - through fun, hands-on experiences! Instead of just reading about ideas, students buy, sell, and trade in simulated markets, learning firsthand how money, choices, and incentives shape the world around us.

Ancient Coins

What will students learn

  • Supply & Demand: Why prices change when goods are scarce or popular.

  • Opportunity Cost: Understanding trade-offs when making decisions.

  • Incentives: How rewards or consequences influence choices.

  • Trading Skills: Practice negotiating and making deals in simulated markets.

  • Critical Thinking: Analyze outcomes and make smarter financial decisions.

  • Collaboration: Work in teams to trade, build, and problem-solve.

Earth from Space View

Why it matters !

Economics isn’t just about money - it’s about choices and problem-solving. By learning economics early, students build:

  • Stronger decision-making skills.

  • Awareness of real-world financial systems.

  • Confidence in understanding how markets and trade affect everyday life.

These lessons prepare students for future studies in finance, entrepreneurship, and leadership.

Raising Hand

Frequently Asked Questions (FAQ)

Q1: What is the Economics Curriculum for kids?
A: It’s a hands-on program where students learn key economic ideas by trading and running simulated markets. They explore supply and demand, opportunity cost, and incentives in fun, interactive ways.

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Q2: Is this just about money?
A: No - economics is about making choices, solving problems, and understanding why people and businesses act the way they do. Students gain skills that apply to school, teamwork, and everyday life.

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Q3: What skills will my child gain?
A: Decision-making, negotiation, teamwork, problem-solving, financial awareness, and critical thinking.

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Q4: Do students need prior economics knowledge?
A: Not at all. We start with simple, relatable examples and build up through interactive games and simulations.

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Q5: Where is this program offered?
A: The Economics Curriculum is offered at The STEM Lab Innovation Hub in Elgin, SC, and through select afterschool clubs in the Midlands.

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