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Financial Literacy ResourcesKANSASKansas leads the world in the success of each student.STATE DEPARTMENT OFEDUCATIONMarch 21, 2023FINANCIAL LITERACY RESOURCESContentsEXAMPLES OF TEACHING RESOURCES
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Using a classroom economy is a method of teaching financial literacy and real-world skills by simulating a mini economy within the classroom.
Teachers or educators who wish to implement a classroom economy in their classroom are required to file.
To fill out using a classroom economy, teachers need to create a system for students to earn and spend classroom currency, track transactions, and set rules for economic activities.
The purpose of using a classroom economy is to teach students about financial concepts such as budgeting, saving, and making economic decisions in a hands-on and engaging way.
Teachers must report on the structure of the classroom economy, how students earn and spend currency, and any rules or guidelines set for economic activities.
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