OPTION 2 - Utilize combination of Simulation Games & Exercises

HIGH SCHOOL PRINCIPLES OF ECONOMICS

Sample Course Outline
Integrating Economic Games & Exercises into your Class

 

Weeks

 

Activity

Game

Assignments

Simulation
Exercises
 1 Students register online & learn basics of game View online guided tours * Introduction
 2 Students compete individually or in teams against computer managed firm  **Play practice games: Round 1
 3 Students complete exercises to improve game performance  

 

Law of Demand

Shifts in Demand

Price Elasticity

 4 Students complete next set of practice games  Play practice games: Round 2

 

 5 Students complete exercises to further improve game performance Market Equilibrium Short-run Production Short-run Cost
6 Students complete next set of practice games Play practice games: Round 3
7 Class divided into teams to organize, review reports, strategize & make decisions ***Play Contest games
8 Teams meet to evaluate performance and learning lessons Prepare Team Report
9 WRAP-UP Report submitted & class discussion

* Introduction Simulation Exercise requires no knowledge of economics. The objective is to learn about the reports/information within the game.

**We recommend practice games which are set up to mirror the Contest game or build or build up to it (i.e. level 1 game with only two decisions, to a level 2 with four decisions).

***Contest games can be selected that will last one class period or an entire week.