There are some excellent children’s books available to teach economics through the real-life activity of a lemonade stand. Use these books to provide a context for learning the economic concepts of operating a lemonade stand.
Then, use the EconEdLink Lesson plan The Lemonade Squeeze. In this lesson, students read “The Lemon Story” to learn where lemons come from. They also put on a play and discuss economic concepts about having a lemonade stand. They also learn elementary economic concepts–
After they use the lesson, they can read the online book Make and $ell Fresh Lemonade by Sunkist…who also provides lemonade stand tips!