Gettin’ Rich Quick in Walshtown A Classroom Mini-Economy by John P. Walsh and Spencer d Lybrook.

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Gettin’ Rich Quick in Walshtown A Classroom Mini-Economy by John P. Walsh and Spencer d Lybrook

What Is a Mini-Economy in Walshtown? Students learn how to become entrepreneurs and learn strategies in how to solve real- life problems using the basic principles of economics.

Walshtown Community Neighborhoods –Point Incentives –Name of Neighborhood –Roles of Each Person

Jobs Located inside of the Classroom Jobs Located outside of the Classroom Savings Accounts –Personal –Business Businesses –Goods –Services How Do Citizens Earn Money?

What May Citizens Choose to Do with Their Money? Pay Bills Visit Walshtown Marketplace Invest into Savings Disaster/Lucky Days

Interviewing for Jobs in Walshtown Letters of Reference Perfect Application or NO Interview Math Application Problem Grades Attached to Application Dress for Success

Banking in Walshtown Walshtown Currency –Student-created Checks –Play Money Student Bankers Use MEBS Parent Bankers Balance Checkbook Registers Income Logs Opening/Closing Funds

Walshtown Post Office Sell Stamps Check Addressed Envelopes Make Special Deliveries

Math Prerequisite Algorithm before Calculators Sales Tax Bob bought two pencils for $1 each and one notebook for $5.79. What is the total purchase price?

Walshtown Business Propaganda Sales on Products Buy One, Get One Free GWP PWP Coupons and Gift Cards with Expiration Dates Limited Time Offers Raffles

Samples of Walshtown Businesses and Products

What Do Walshtown Citizens Learn? Find a Need and Fill It Law of Supply and Demand Scarcity Opportunity Cost Profit Current Events as Related to Economics of Walshtown (Real-time)