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| Mini-Economy Market Day at VCU Young Entrepreneurs Get Down to Business |
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| Above is a picture from a Richmond Times Dispatch article covering a recent Mini-Economy Market Day. Mini-Economy is one of the popular programs that the VCU Center for Economic Education and other Centers around the state offer to elementary and middle school teachers seeking dynamic hands-on learning activities for their students. |
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During the course of the Mini-Economy curriculum, “the students learn concepts such as supply and demand, scarcity, opportunity costs, inflation, profits, and money management,” explains Susan Albaugh, a Hanover County teacher. “Students are accountable for setting up their own businesses to offer original products that they design and create.” In conjunction with reading, mathematics, and social studies lessons, students manufacture their own products and keep records to track their start-up expenses and the expenditures necessary for beginning a successful business.
Many teachers in the Richmond area also choose to culminate the curriculum by participating in the annual Mini-Economy Market Day, which is held at VCU’s Siegel Center and organized by the VCU Center for Economic Education. The 2010 Mini-Economy Market Day will be held on March 25. Contact Suzanne Gallagher, Director of the VCU Center for Economic Education, for more information.
Schools in the Harrisonburg area also have a culminating event for students with GEM Fair,. It will be held at JMU on May 27, 2010. Contact Lynne Stover, Program Manager for the JMU Center for more information. |
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| “Once my fourth graders and I dove into the Mini-Economy curriculum, the students were easily internalizing these economic concepts and using decision-making and critical thinking skills on a daily basis,” says Shannon Hodges, who teaches in Henrico County. “The parents, too, quickly spoke of the enthusiasm their children were displaying and the depth of economic knowledge they were applying.” |
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| Click here to read more about Mini-Economy and Mini-Society® programs for elementary and middle school students. |
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