Money Simulation (mini economy)

Students are introduced to the basics of economics: supply/demand, resources, labor, goods and services, etc. They design a new toy and complete a project that simulates the development of a toy business.

Why are US dollars no longer backed by gold and silver? What is our medium of exchange, and what would it be like to live in a barter economy? Learners consider these questions, as well as learn about the major historical events in the...

Students simulate an economy in the classroom by role playing employees, employers, and the bank. In this economy lesson plan, students get and deposit fake checks and create an account register.

Fifth graders listen as the teacher explains the Mini Economy to be activated in the classroom in the next few weeks. They examine how they to apply for jobs, make money, determine how to save it, and how monetary mishaps occur...

Learners compare and contrast the ways in which people and goods move between European countries prior to and post European Union creation. Students simulate product movement through four different countries prior to the creation of the...

Here is an ingenious system of economics that you can set up in your classroom that stays in place the entire year. Each student participates in a simulated economy. They fill out job applications, have an interview, and obtain a...

Students complete a graphic organizer on the economic cycle.  In this government and the economy lesson, students discover ways that the government can have an impact on the economy.  Students view a slideshow and complete a graphic...

Send your enthusiastic entrepreneurs' career sense into motion with a business-minded lesson plan. They review and dissect business plans before applying their findings to their own business venture. Scholars then identify whether or not...

Learners discuss the definition of economics and study how current and historic societies have had economic systems. They determine necessary classroom jobs and attach ddaily or weekly salaries to those positions. Students are introduced...

Students use jellybeans as currency to spend when they visit the virtual world of a simulated Toontown in Disneyland. In this currency lesson plan, students prepare a collage of what they learned about the town and how to spend currency...