Economic Education – Solefield School

Mrs McClure, Headmistress

8th June 2026

At Solefield School, economic education is not confined to a single subject or a discrete programme of study; it is a mindset that underpins the entire educational experience. In a rapidly changing world, where financial awareness, resourcefulness, and informed decision-making are essential life skills, it is vital that pupils develop an early understanding of how economic principles shape their lives and the society around them. Economic education equips pupils with the confidence to evaluate choices, understand value, and appreciate the consequences of decisions—skills that extend far beyond the classroom.

Rather than being treated as an “add-on” delivered in isolation, economic thinking is woven through all areas of school life. In mathematics, pupils explore data, budgeting, and financial reasoning; in humanities, they consider trade, resources, and the impact of economic systems across time and place; in science and technology, they reflect on innovation, sustainability, and the responsible use of resources. Even in the arts and co-curricular activities, pupils encounter ideas of value, enterprise, collaboration, and creativity in action. This integrated approach ensures that economic understanding develops naturally and meaningfully as part of a broad and balanced education.

Through this whole-school approach, pupils come to see economic concepts not as abstract theory, but as practical tools for everyday life. Whether managing resources in a group project, participating in enterprise initiatives, or reflecting on global challenges, they are encouraged to think critically, act responsibly, and recognise their role within a wider economic context. In doing so, Solefield prepares its pupils not only for future academic success, but for thoughtful and informed participation in the world beyond school.

Early Years (Little Acorns & Reception)

Year Group

Subject

Activity

Little Acorns

RSHE / Early Learning

Recognising coins; role-play shops

Little Acorns

Maths

Counting money through play

Little Acorns

Understanding the World

Exploring needs vs wants

Little Acorns

Communication & Language

Talking about buying and selling in stories

Reception

Maths

Using coins in simple transactions

Reception

Role Play

Running a shop (buying/selling, pricing items)

Reception

RSHE

Understanding sharing, fairness and choice

Reception

English

Stories involving money, trade and exchange

 

Key Stage 1 (Years 1–2)

Year Group

Subject

Activity

Year 1

Maths and Open Learning

Using and recognising coins during role play activities. Paying for items in role play shop/cafe and working out change.

Year 1

RSHE

Needs vs wants; saving and spending

Year 1

English

Writing simple shopping lists / role-play dialogue

Year 2

Maths

Giving change (simple calculations)

Year 2

Geography

Where food comes from; basic supply chains

Year 2

STEM

Designing and pricing a simple product

Year 2

RSHE

Introduction to saving and making choices

 

Lower Key Stage 2 (Years 3–4)

Year Group

Subject

Activity

Year 3

Geography

Banana trade; Fairtrade; global farming

Year 3

Maths

Budgeting activities (simple planning)

Year 3

English

Talk about the value of money relating to Charlie and the Chocolate Factory

Year 3

Computing

Data handling (tracking spending/sales)

Year 3

MFL

French role play using play euros ordering and paying for food in a cafe

Year 3

History

Why does Britain attract the Romans/Anglo-Saxons/Vikings, international trade & Sutton Hoo?

Year 4

Science

Electric circuits and cost of electricity

Year 4

Maths

Comparing prices and best value

Year 4

STEM

Designing and costing a product

Year 4

Art

Packaging and branding design

Year 4

MFL

Discussions about countries and currencies.

Year 4

History

Cost of war, price of peace in Wars of Roses & Tudor period as well as trade, how does Henry Vii increase his revenue?

Upper Key Stage 2 (Years 5–6)

Year Group

Subject

Activity

Year 5

Geography

Transport planning; factory location and costs

Year 5

Science

Economic role of satellites (communication, GPS)

Year 5

Maths

Budgeting, profit and loss scenarios

Year 5

Computing

Spreadsheet modelling (budgets, costs)

Year 5

English

Diary of a £5 note (a story told from the point of view of the £5). It examines the role money plays - including being charitable with money.

Year 5

MFL

Discussions about countries and currencies.

Year 6

Science

Energy use and rising costs; real-life bills

Year 6

Maths

Financial problem-solving and percentages

Lunar Park (budgeting, profit, loss) project. Money, Money, Money project selecting a job then calculating tax, NI etc and then budgeting for food, accommodation, bills etc.

Year 6

RSHE

Saving, debt and financial responsibility

Year 6

Computing

App project (design, make, sell)

Year 6

 

PPE

Debt of countries and global tariffs

Year 6

MFL

Discussions about countries and currencies.

Year 6

English

Diary of a £5 note (a story told from the point of view of the £5). It examines the role money plays - including being charitable with money.

Senior School (Years 7–8)

Year Group

Subject

Activity

Year 7

Geography

Globalisation, trade and sustainability

Year 7

Trip

Visit to the Bank of England

Year 7

Maths

Exchange rates and financial calculations

Pricing, increase/discounts/change (fractions and percentages), comparing value for money (eg. 300g at £1.20 vs 800g at £3)

Year 7

English

Speech writing on global inequality

Year 8

Geography

Food miles and sustainable production

Year 8

Science

Energy efficiency and cost (insulation, waste)

Year 8

Wellbeing

Budgeting and financial literacy

Year 8

Computing

Data analysis linked to economic trends

 

Year 8

 

RSHE

Budgeting, savings, interest, extortion and financial harm

Year 8

Maths

Pricing, increase/discounts/change (fractions and percentages), comparing value for money (eg. 300g at £1.20 vs 800g at £3)

Whole School Initiatives

Year Group

Subject

Activity

All Years

RSHE / Enrichment

My Money Week (Summer Term)

All Years

Assemblies

Themes: value, work, fairness, global responsibility

All Years

Charity / House System

Fundraising, budgeting and decision-making

All Years

Careers

Guest speakers (banks, business, entrepreneurship)

All Years

 

MFL

Currency, shopping and trade conversations

Cultural comparisons of cost of living

 

All Years

 

Forest School

 

Resource use and sustainability

 

All Years

 

Pupil voice committees

Sustainability – no plastic at Christmas Fair, jumper and costume swaps, reduction in online shopping, reminders to parents

All Years

 

MFL

General Real-life contexts (shopping, travel, spending)

 

All Years

PE/ Sport

 Looking after equipment - pupils learn to care for equipment and understand that equipment has value and costs money to replace. We can discuss the importance of sharing and looking after resources.