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NUMB3RS Activity: Velocity of Circulations

Students explore the velocity of circulation of money.  In this secondary mathematics instructional activity, students simulate the buying and selling of goods or the exchange of money.   Students collect and analyze data regarding the transactions in order o find the velocity of circulation. 

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Resource Details

Grade
10th - 11th
Subjects
Math
5 more...
Resource Type
Lesson Plans
Instructional Strategies
Inquiry-Based Learning
1 more...
Technology
Calculator
Year
2007
Included Materials
  • Project
  • Worksheet

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Reginald W.
I was at a crossroads trying to think of a new… interesting… active way to introduce and teach the different types of economic systems. I turned to Lesson Planet and entered “Economic Systems” into the search tab and was inundated with resources and lesson plans and ideas… the kids loved the lesson I modified for them and still ask when we are going to do another lesson like that “Paper Airplane Company” one. Thanks Lesson Planet.
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Humble, TX