Mini Economy is experience-based instruction used to teach concepts of entrepreneurship, economics and government in the classroom. Conducted as a unit of study, this high-energy simulation focuses on economic concepts, financial literacy, classroom management and real-world market situations. Students establish their own society, design currency, plan and open businesses, and create a functioning government.
- A student-structured economic society (with the guidance of a trained teacher)
- Goal setting and responsibility
- Cooperative learning
- Experience with entrepreneurship in an authentic market situation
- Creative problem solving
- Crossover instruction in language arts, math, art and social studies
MINI-ECONOMY PORTFOLIO ASSESSMENT: Each activity uses student SOL knowledge to build toward a coherent project goal: the creation of a flourishing classroom business.
Market Days Across the State: