Classroom Economics Simulation Game
Description
The Classroom Economics Simulation Game is an exciting activity which keeps students on their toes and delivers a practical experience of making money, and using it to buy goods.
The Classroom Economics Simulation Game is a great support tool for students learning about economics. The game begins with the teacher taking some of the students resources before class begins. The students are told that they will be simulating a retail store in their classroom.
Tickets are used in replacement for money. Students must earn their tickets by performing ‘jobs’ such as jumping jacks or spelling their names backwards. They then take their tickets to the class store to purchase their resources.
From this lesson, students should understand that currency is used to buy goods. Students should also understand that you have to work to earn money.