Virginia Commonwealth University Center for Economic Education
Apr 25, 2024
5:00 pm - 6:00 pm
Grade Level: High School, Middle School
Potential Recertification Credits: 1
This was a program organized by the Minnesota Council on Economic Education for Minnesota teachers. They asked Stephen Day to present it for them.
In this lesson from the Ethics, Economics, and Social Issues curriculum, students study ways to reduce externalities. To do this, they play a word-guessing game in which they try to maximize the “production” of words, while keeping noise – an externality – to a minimum. In the game, teams of students try to guess a word that is acted out by one teammate by playing Charades – with one round where they can talk and the second where there is no talking, only gestures. Students can also try to guess the word using talking – in the style of the classic games Taboo™ or Catch Phrase™. The version of the game using talking is much easier, but it creates noise. With noise as a metaphor for pollution, the students do three different versions of the game that reflect classic strategies in environmental economics for reducing externalities, including cap and trade.
Fee: NO CHARGE
Instructor: Stephen Day
Contact Person:
Stephen Day
Center for Economic Education
Virginia Commonwealth University
(804) 828-1628
shday@vcu.edu
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