Grades 6-8, 9-12
MRU Part 1: Top 5 in Class Games to Teach Economics
May 17 6:00-7:00pm ET
Time: 60 mins,
Updated: May 18 2023,
Presenter: Matthew Hill
In this webinar teachers will be able to:
- Understand the benefits of using games in the classroom, including increased engagement and motivation for students
- Discover strategies for incorporating games into lesson plans and aligning them with curriculum standards
- Examine the potential challenges of using games in the classroom and learn ways to address them
- Explore resources for finding and creating games that are appropriate for use in the classroom
- Learn how to increase student learning transfer through games
- Understand how to use games effectively with students with diverse learning needs
This video is available to view for EconEdLink members only.
This webinar details the top 5 games we at MRU have uncovered to teach economic concepts. The webinar will cover this article: https://mru.org/teacher-resources/active-learning/play-economics-top-5-person-economics-games-updated-2022. We will go through a demonstration of each game. The games teach the following concepts 1. Opportunity Cost 2. Sunk Cost fallacy 3. Trade 4. Mutually Beneficial Exchange 5. Money Supply and Inflation 6. Market Structure: Monopoly v. Perfect Competition 7. Supply and Demand 8. Equilibrium
In this economics lesson, students will design and advertise shoes to learn product differentiation and advertising in markets.
Key Concepts: Advertising, Market Structures, Monopolistic Competition
Should We Allow a Market for Transplant Organs?
Should you be able to sell your kidney? Students explore the ethics and economics of organ donation while learning about...
Key Concepts: Allocation, Decision Making, Markets and Prices…
Grades K-2, 3-5
Using Children’s Literature to Teach About Economics and Enterprising Women
Teach both Women's History and foundational concepts via the lives of diverse, inspirational figures.
Key Concepts: Entrepreneurs, Opportunity Cost, Scarcity
Let's Talk Turkey: Inflation and the Cost of Thanksgiving Dinner - Updated for 2022!
Updated for 2022! Use the cost of a typical Thanksgiving dinner to teach your students about inflation and the CPI.
Key Concepts: Consumer Price Index (CPI), Inflation