Economic Concepts Calendar

The South Carolina Council on Economic Education, in cooperation with the Charlotte Branch of the Federal Reserve Bank of Richmond and the Moore School of Business at the University of South Carolina, produces an annual calendar showcasing elementary and middle-school students' economic knowledge and artistic creativity. The contest was created as a way for students have fun with economics while reviewing economic concepts and principles in the South Carolina Social Studies Standards.

Students are asked to illustrate one of the following economic concepts in a poster:

•Scarcity
•Opportunity Cost
•Productive Resources
•Goods and Services
•Producers and Consumers
•Specialization and Interdependence

Sixteen illustrations were selected for publication in the calendar. Each winner received a $50 U.S. savings bond which was presented at the Council’s annual awards banquet in April 2005.