Brought to you by
Southern Illinois Econ Illinois
with support from
presents the Grades 1-8
Economics Poster Contest
Economics, the science of In order to be judged, entries must be in compliance with the following rules.
decision making — Teachers:
it’s FUNdamental! Students in Grades 1-8 are eligible to participate.
* Bring it alive in your class- Submit only one entry per student. Do not fold entries.
room! Include one completed entry form for each teacher submitting entries (on reverse of this flyer)
* Help students learn about Lightly tape a 3” x 5” card or paper to the back of each poster with the following information. Use no sta-
ples or paper clips.
the economy and have FUN Student name and complete home address (for purchase of savings bonds if a regional or
doing it! state winner) Do not include school address.
* Give students an opportu- Grade level of entrant
nity to creatively demon- Teacher’s first & last name (not simply “Mr” or “Ms”)
strate their understanding of School’s full legal name
the economy. Submission Guidelines:
Original and hand-drawn horizontally on an 8½ x 11 sheet of white paper
STUDENTS: In bright color - not black and white
An illustration of one of the six economic concepts listed on the back of this sheet
Set concept title and art work at least ½” from the edge of paper
Illustrate in poster form one Write the entire economic concept illustrated in large letters near the top of the drawing. Make sure
of the following concepts, each word is written clearly, near the top of the drawing, and is correctly spelled.
defined on the reverse side: Judges favor colorful, simple, straightforward drawings with minimal text. Judges prefer drawings
that relate concepts to humans and not animals.
Goods & Services All Entries Must Be Postmarked by: February 19, 2010
Producers & TWO LEVELS OF COMPETITION: Regional and State
Consumers All entries in the Poster Contest through the Southern Illinois Region will be eligible
Productive Resources for 2009-10 competitions as follows:
Scarcity SOUTHERN ILLINOIS ECON ILLINOIS
Specialization REGIONAL COMPETITION STATEWIDE COMPETITION
Twelve First Place student winners will Twenty-four entries from each Regional
each receive a certificate of award and a Competition will be judged.
$50 Series I U.S. Savings Bond.*
Twelve State Winners will each receive
Twelve Second Place winners will each a medal, certificate of award and a $75.00
receive a certificate of award. Series I U.S. Savings Bond.*
Teachers of award-winners will also be State Honorable Mention winners will
recognized with awards. receive certificates of award.
Awards will be announced in March. Teachers of award-winners will be rec-
Winners’ awards may be presented at a ognized with awards.
reception in the spring. Award winners will be announced and
The top 24 entries from each Regional notified in April.
Tom K.— St George Elementary competition will advance to the state- Drawings of State Winners will appear in
New Baden, 5th grade wide competition. a 2011 twelve-month calendar spon-
State Winner-2009 sored by HSBC—North America.
*Social Security #’s of winners or a parent/
guardian must be provided when requested in Rev 011210
“A picture is worth a order to receive the bond award.
thousand words!” MADE POSSIBLE THROUGH FUNDING FROM HSBC-NORTH AMERICA
SCARCITY: SPECIALIZATION: OPPORTUNITY COST:
World resources are limited, so we cannot Efficiency is increased when individuals, Opportunity cost is the benefit that is given
produce or have everything we could pos- firms, and nations produce the goods and up when a choice must be made because
sibly want. We must make choices about services at which they are best, leaving resources are scarce in relation to wants. In
how best to use the limited resources we the production of other goods to others. choosing between two alternatives, there is
have. Economic systems allocate our lim- Example: Because bananas and apples always an opportunity cost. (To choose to
ited resources in ways to increase the generally require different climates for spend an afternoon at a baseball game
benefits of these resources to individuals proper growth, the best results occur means giving up the opportunity to use that
and society. Scarcity is not a shortage. when the two products are grown in the time to go swimming.) Drawing must illus-
regions that are best suited for the par- trate which choice is the opportunity cost,
GOODS & SERVICES: ticular crop. Trade means that people and should use minimal text.
can eat both types of food even if they
Goods are tangible objects desired by con-
produce only one type. Individuals spe- PRODUCERS & CONSUMERS:
sumers and supplied by producers. Ser-
cialize in jobs they do best, too. Producers are the people and/or firms
vices are intangible outputs produced
which make and supply the goods and ser-
in the economy.
vices provided in the economy. Consumers
use the goods and services produced to
See last year’s state Production of goods and services in any
satisfy their wants and needs. Individuals
economic system involves three types of
winners at: are both producers and consumers. Poster
resources: natural resources, human
www.econed-il.org/icee/ entry must illustrate both concepts.
resources, (labor) and capital resources
econposter.shtml (any man-made instrument of produc-
tion such as tools, machines, etc.) Exam-
Ex- ples of each resource used in making a
ample of goods would be: pencil are wood (natural), a lathe
a car, books, furniture; services include (capital), and the machine operator
things such as: teaching, medical services, (human). Poster entry must illustrate all
and counseling. Poster entry must illus- three types of resources as they relate to
trate both concepts. the production of a good or service.
PLEASE MAIL ALL ENTRIES TO: additional information or to request
For For additional information or to
additional entry forms:
request additional entry forms:
Attn: Economics Poster Contest
Madison County ROE #41 Phone: 312.413.3599
Contact Kelly Morrison
157 N Main St, Ste 438 E-mail: firstname.lastname@example.org
Toll-Free: 877– 688-4233
Edwardsville, IL 62025 previous years’ UIC CEE winners
SeeE-mail: email@example.com at:
ENTRY FORM-Cut Along Dotted Line
Each participating teacher must complete and submit one copy of this form along with all entries.
PLEASE PRINT CLEARLY!
Teacher’s Full Name _________________________________ E-mail________________________________
School’s Full Name __________________________________ School Dist ____________________________
School Address _____________________________________ School Phone __________________________
City/State/Zip _______________________________________ School Fax ___________________________
Grade level submitted _______ No. of ALL students participating _______ No. of posters submitted ________
Entries must be postmarked by February 19, 2010, become the property of Econ Illinois and may be used with
names of entrants for publicity purposes. Mail entries with this form to: Attn: Economics Poster Contest, Madison
County ROE 41, 157 N Main St Ste 438, Edwardsville, IL 62025.