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Re: [Channel-talkeconomics] simulations

From: Lynn Saxton <lsaxton@warsaw.k12.ny.us>
Date: Thu Mar 06 2008 - 12:46:11 EST
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For personal finance simulations, fefe.arizona.edu is great. They have a wonderful simulation that takes a week or two called "Life In United States". Downloading it is free and setting it up takes some time, but I've found it very rewarding. It's based on a demographic of the US and includes all kinds of personal finance lessons, including taxes, mortgages and loans, credit cards, etc. and it culminates in students having to put together a family budget - it is extremely well done. For other simulations, I like a lot of the Capstone lessons (you have to buy the program) and other lessons available on Virtual Economics (comes as a CD and includes Capstone as well as many other programs - it's organized so you can either look up the program or the economics concept to find lessons). Capstone for example has "A Silver Market" to teach supply and demand, as well as the private property simulation used in "The Tragedy of the Commons". For online resources, you can go to my portaportal (portaportal.com and
log in as a guest using lbe as the username) - I have all my Economics stuff organized in a folder there.

Good luck!

Lynn Saxton
Warsaw Central High School
Warsaw, NY

>>> "Melissa Wiggins" <melissa.wiggins@nuacs.com> 03/06/08 12:06 PM >>>
I just finished watching the video for workshop #2 and found the simulations harder to follow than the one in video #1. I was not as clear on how the simulations in #3 were set up. Does anyone have a good simulation they would be willing to share? How about a website with simulations? HELP!

Melissa Wiggins
Cathedral High School

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Received on Thu Mar 6 14:45:50 2008



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