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Article
Publication date: 1 March 2012

William C. Wood, Lynne F. Stover and Martha C. Hopkins

In-class societies such as the Mini-Society and Mini-Economy provide opportunities for teaching important lessons about choice, scarcity, and economic organization. Those lessons…

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Abstract

In-class societies such as the Mini-Society and Mini-Economy provide opportunities for teaching important lessons about choice, scarcity, and economic organization. Those lessons are multiplied when in-class societies meet each other for simulated international trade. We describe a Global Entrepreneurship Marketplace Fair (GEM Fair) for participating elementary and middle school students. The basics of in-class societies, the benefits of cross-society trade, and the administrative setup of an international marketplace are summarized. The limitations of a GEM Fair as also discussed, including large subsidies from parents, “end-of-the-world” effects near the end of a GEM Fair, and the tendency of a free GEM Fair market to produce too many snack food items (from a parent’s or teacher’s point of view).

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Social Studies Research and Practice, vol. 7 no. 1
Type: Research Article
ISSN: 1933-5415

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Publication date: 1 July 2007

Lynne Farrell Stover and Barbara F. Haynes

Using children’s literature to teach economics is a good method of making unclear concepts seem logical and authentic and has been used effectively by primary school educators for…

11

Abstract

Using children’s literature to teach economics is a good method of making unclear concepts seem logical and authentic and has been used effectively by primary school educators for many years. However, finding a popular book that contains clear and comprehensible examples of economic choice, goods and services, and supply and demand at the upper elementary/middle school level can be a challenge. Meeting this challenge is Jeanne DuPrau’s Ember Series, a compelling futuristic cautionary tale that encourages its readers to think seriously about the allocation of limited resources and the consequences of planning for the future. This interactive lesson takes a situation from a book’s plot and applies it to economic principle “voluntary trade creates wealth.”

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Social Studies Research and Practice, vol. 2 no. 2
Type: Research Article
ISSN: 1933-5415

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Publication date: 7 October 2015

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Chinese Railways in the Era of High-Speed
Type: Book
ISBN: 978-1-78441-984-4

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Article
Publication date: 1 May 2001

Patricia Layzell Ward

Focuses on the year 2000, reviewing the periodical literature of information and library services management, and of the relevant literature from the field of management in…

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Focuses on the year 2000, reviewing the periodical literature of information and library services management, and of the relevant literature from the field of management in general. Notes the themes of major conferences in the field of information and library services management, and of reference tools for library managers.

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Library Management, vol. 22 no. 3
Type: Research Article
ISSN: 0143-5124

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