PRINCIPLES OF MICROECONOMICS FOR HIGH SCHOOL FULL COURSE OUTLINE

OPTION 2 - Utilize combination of Simulation Games & Exercises

HIGH SCHOOL PRINCIPLES OF ECONOMICS

Sample Course Outline Schedule of Simulation Games and Exercises

Weeks
Activity
Game
Assignments
Simulation
Exercises
1
Students register online & learn basics of game
View online guided tours
* Introduction
2
Students compete individually or in teams against computer managed firm
**Play practice games: Round 1
3
Students complete exercises to improve game performance
Law of Demand
Shifts in Demand
Price Elasticity
4
Students complete next set of practice games
Play practice games: Round 2
5
Students complete exercises to further improve game performance
Market Equilibrium
Short-run Production
Short-run Cost
6
Students complete next set of practice games
Play practice games: Round 3
7
Class divided into teams to organize, review reports, strategize & make decisions
***Play Contest games
8
Teams meet to evaluate performance and learning lessons
9
WRAP-UP
Report submitted & class discussion


* Introduction Simulation Exercise requires no knowledge of economics. The objective is to learn about the reports/information within the game.

** We recommend practice games which are set up to mirror the Contest game or build or build up to it (i.e. level 1 game with only two decisions, to a level 2 with four decisions).

*** Contest games can be selected that will last one class period or an entire week.

Gold Simulations

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Our online economics simulation games provide a method of teaching and learning economic concepts that students find much more meaningful & exciting while building critical thinking skills.

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Milford, NJ 08848

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