Our Classroom Economy
In order to help students understand how important
math is in the real world, I connect my classroom management system with money
math. Students receive fake
coins for practicing the 7 Habits, getting 14 or 15 points on
their spelling test, getting 20 points on the homework packet, and doing
their classroom jobs weekly. Every 1st Free Choice of the month,
students can “shop” with their money in the classroom store. Students will have the opportunity to be the worker,
consumer, and producer in our Classroom Economy.
Hopefully, through our Classroom Economy, students will gain more responsibility and leadership skills by performing their daily jobs and responsibilities. By earning money everyday, students will become more motivated to practice counting how much they earned and improve their money math skills. I will also teach students about the importance of saving money for the future versus spending on immediate wants.
In the last month of school, students are encouraged to become entrepreneurs. They make and sell goods in the classroom store. In this process, they will need to figure out an appropriate price for their goods by surveying the other students and graphing their data. They will practice principals of marketing by creating advertisements on posters or possibly commercials for their goods.
In order for our Classroom Economy to succeed, parents can help in the following ways:
1. Teach how to count the coins that students are bringing home.
2. Talk to them about the importance of math in real life by giving them examples of how they will need math in the future.
3. Role play buyer-cashier games with them to encourage them to add and subtract 2 and 3-digit numbers.
4. Donate to the Classroom Store any items that you feel students would want to buy (these can be things that are not of use to you anymore. You do not have to buy new things.) This will motivate students to work harder to earn their income by behaving well in class and fulfilling all their responsibilities.
Hopefully, through our Classroom Economy, students will gain more responsibility and leadership skills by performing their daily jobs and responsibilities. By earning money everyday, students will become more motivated to practice counting how much they earned and improve their money math skills. I will also teach students about the importance of saving money for the future versus spending on immediate wants.
In the last month of school, students are encouraged to become entrepreneurs. They make and sell goods in the classroom store. In this process, they will need to figure out an appropriate price for their goods by surveying the other students and graphing their data. They will practice principals of marketing by creating advertisements on posters or possibly commercials for their goods.
In order for our Classroom Economy to succeed, parents can help in the following ways:
1. Teach how to count the coins that students are bringing home.
2. Talk to them about the importance of math in real life by giving them examples of how they will need math in the future.
3. Role play buyer-cashier games with them to encourage them to add and subtract 2 and 3-digit numbers.
4. Donate to the Classroom Store any items that you feel students would want to buy (these can be things that are not of use to you anymore. You do not have to buy new things.) This will motivate students to work harder to earn their income by behaving well in class and fulfilling all their responsibilities.