Tuesday, September 25, 2012

Economics In The Classroom

What is economics to you and how would you teach economics in the classroom? 

 If I had to define economics, I would say it's the study of knowledge dealing with production, consumption, and revenue. There are a few ways I would teach economics in the classroom. One effective way to teach economics in the classroom would be to use the BizWorld foundation's program, and to make as many realistic references to the real world as possible. 

  
(In class, we went over this powerpoint: if you copy and paste it into your search bar, it will take you to the site.)

https://docs.google.com/presentation/d/19w_PV6x_iBhDtqnx2vR63EMTZt3hQhXC4ay0hCFebKo/present#slide=id.p

In the power point, it discusses the definition of economics and some ways that are recommended to teach this dry topic.  




It is important to use collaboration and cooperation during group processing. Working with your group and teaching your students both require collaboration and cooperation in order to function properly. 



*In class we also learned how to use books in the classroom when presenting economics. My group was given three different books, A Chair for my Mother, Frannie's Fruit's, and The Story of the New York Stock Exchange.





These two books are more acceptable to be read allowed in class for first and second graders. They teach supply and demand in simple ways as well as an incentive to save money. 



The Story of The New York Stock Exchange is on a reading level for 4th-6th graders. It teaches children the history of the stock exchange. A highlight of this book was George Washington giving a speech on Wall Street. In my classroom I would photocopy certain pages from the book that correlate with my lesson plan and hand them out accordingly. 

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