Experiencing Economics. Building Blocks to Creating a Token Economy in Your School. How Can We “Experience” Economics?. We can create a simulation of real-world experiences to be used throughout the school year. Step # 1.
Building Blocks to Creating a Token Economy in Your School
We can create a simulation of real-world experiences to be used throughout the school year.
Have a discussion with your students about needs and wants and what we do to obtain them.
Needs and Wants do overlap
Set up a classroom or school-wide system in which being a student becomes their job
Students adapt their behavior over time to correspond to the student skills which are rewarded. It is important to think carefully about the traits and work ethic you are trying to instill.
Some Tips to Make Your Token Economy Run More Smoothly:
To attain value, your created money must have purchasing power.
Resources for Teachers
You do not have to re-invent the wheel to teach economics!