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Economics Class Project

Economics Class Project

Toward the end of 1st semester, the 11th grade Economics students participated in a simulation titled, "EconoGame:  Earning a Living". This class is taught by Mrs. Cekalla. Each student took on the role of a household or a business firm. Households started with the factors of production which they sold to Businesses. The goal for Households to sell their factors of production to the Businesses for "Econos" which represented everything the Households needed to survive. The goal for Businesses was to buy factors of production from Households, turn them into Econos and sell the Econos to the Households. The Household with the most Econos at the end of the game won!  The Business with the most money at the end of the game won!  The simulation illustrated the interdependence of each party in the circular flow of economic activity in a free market economy.