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This lesson plan is from the National Council on Economic Education s publication: Play Dough Economics To purchase Play Dough Economics materials, visit: http://store.nceestore.com/playdougec.html
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How to fill out play dough economics

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How to fill out play dough economics:

01
Start by gathering the necessary materials, including play dough in various colors, a play dough mat or surface, and optional accessories such as rolling pins and cookie cutters.
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Set up your play dough mat or surface in a clean and designated area for your economics activity. This could be a table, desk, or even a dedicated play area.
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Determine the specific economic concepts or scenarios you want to explore with play dough economics. This could include topics like supply and demand, inflation, or even creating a mini economy with play dough currency.
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Use the different colors of play dough to represent different elements in your economic scenarios. For example, you could use one color to represent money, another color for goods or services, and so on.
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Start creating different scenarios and models using the play dough. You could shape the play dough to represent different products, create graphs or charts to represent economic data, or even simulate the buying and selling of goods and services.
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As you shape and mold your play dough, discuss and analyze the economic implications of your scenarios. This could involve discussing the impact of supply and demand on pricing, exploring the concept of scarcity, or analyzing the effects of competition in your play dough economy.
07
Encourage active participation and critical thinking by asking questions and engaging in discussions about the economic concepts being explored. This could include questions like "What happens if the supply of a certain product increases?" or "How does inflation affect the prices of goods and services?"
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Continue to experiment and explore different economic scenarios with your play dough economics. This could involve creating new models, testing different variables, or even introducing new economic concepts as you become more comfortable with the activity.

Who needs play dough economics:

01
Students studying economics: Play dough economics can provide a hands-on and interactive way for students to understand complex economic concepts. It allows them to physically manipulate the play dough to represent different elements in an economic scenario, helping to make abstract concepts more concrete and tangible.
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Teachers and educators: Play dough economics can be a valuable tool in the classroom, helping to make economics lessons more engaging and accessible for students. It can be easily adapted to different grade levels and learning objectives, and can be used as a hands-on activity or as a visual aid for teaching economic concepts.
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Play dough economics is a term used to refer to a simplified version of economic concepts and principles that is easy to understand, typically used in educational settings.
Play dough economics is not an official financial document that requires filing. It is more of a teaching tool to help individuals understand economic concepts.
There is no specific form or method to fill out play dough economics since it is not an official financial document. It is usually taught through hands-on activities and simulations.
The purpose of play dough economics is to help people, especially students, understand basic economic principles in a fun and interactive way.
There is no specific information that must be reported on play dough economics as it is not an official financial report. It is more about learning and experimenting with economic concepts.
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