UNIT 2 - ECONOMICS Economic Responsibility Game

Dates used on each day of this project Day 1 – August 30 – September 5, 2009 Day 2 – September 6-12, 2009 Day 3 – September 13-19, 2009 Day 4 – September 20-26, 2009 Day 5 – September 27-October 3, 2009

These items will be handed out on day one  Envelope for holding cards  Checkbook, Excel Sheet Checkbook, or Both  List of Required Bills These cards must be randomly handed out or placed in a box for the student to choose (you cannot pick the cards they want)  Married/Single Card  Career Card  Chance Card Students can view these cards and choose as many as they want  Want Card How to use each card

Day 1 – Activity Summary Dates: August 30 – September 5, 2009 Envelopes Checkbook Married/Single Cards Career Cards List of Required Bills Want Cards Chance Cards

Your Envelope and Checkbook You will be given an envelope  All Cards Must Be Kept In This Envelop (for all 5 days)  One envelope for each single person  One envelope for each married couple  Names must be written on the outside of each envelope along with the class period You will be given a checkbook  If students are married only one checkbook can be used  Must be kept current with daily activities

You will pick a Married/Single Card from a box  Cards are picked from a box randomly  Before going to the next step married couples must choose a partner  The partner you choose will be your partner for 5 days  If you are married you will have to share everything  Chance cards  Checkbook  Decision making for wants  Single people make their own decisions. Married/Single Cards

Career Card Now that married couples have their partners each person must pick a career. This card is picked from a box also. No one is to see the card before it is chosen. Each card has a pay rate on it  Monthly means you are paid on the 1 st of each month  Bimonthly means you are paid on the 1 st and 15 th of the month  Weekly means you are paid on Fridays of each week

Your Bills Everyone is required to pay certain bills Each household has the following bills to pay monthly  You will have to decide when the best dates to pay these bills according to you pay checks BillAmountDue Date Water$ th of the month Electric$ th of month Phone$ rd of month Grocery$80.00Weekly Household$150.00Monthly

Want Cards Once Married/Single Students organize their checkbooks they can choose want cards Look at each card and decide what you can afford to purchase There is no limit to the amount of items purchased from the want cards Each want card must be kept in the envelope and turned in at the end of day 5 The card can only be used once Keep in mind you do not know what the future may hold

Chance Cards These card can bring you both good and bad luck Each couple gets one card a day Each single person gets one card a day You will have 5 cards at the end of the activity The card can only be used once All cards must be kept in the envelope and turned in at the end of day 5 These cards are picked from a box. You cannot choose the card you want

Day 2 – 4 Activity Summary Each Day  Review Checkbook  Draw 1 Chance Card  Choose Want Cards – if funds are available Dates for Transactions  Day 2 – September 6-12, 2009  Day 3 – September 13-19, 2009  Day 4 – September 20-26, 2009

Day 5 –Activity Summary Day 5 – September 27-October 3, 2009  Review Checkbook  Draw 1 Chance Card  Choose Want Cards – if funds are available  Balance Checkbook once more  Turn in the envelope with all cards used for the project  Turn in your balanced checkbook