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ERIC Number: ED346012
Record Type: RIE
Publication Date: 1991
Pages: 100
Abstractor: N/A
Economics and Entrepreneurship: Operating a Classroom Business in the Elementary and Middle School.
Day, Harlan R.
In a typical classroom business project, students produce and sell a product to other students in their school or to parents and members of the community. Such projects can be an excellent opportunity for students to begin to develop and apply a wide range of skills and for educators to teach important economics and business concepts. This booklet has two basic purposes. First, it is a manual for teachers that provides step-by-step practical instructions for operating a classroom business that are applicable at a variety of grade levels. The second purpose is to show teachers how to use classroom business projects to teach basic concepts more effectively. The booklet contains five chapters: (1) Getting Started; (2) Deciding What and How Many To Produce; (3) Producing the Product; (4) Marketing and Selling the Product; and (5) Closing the Business. Near the beginning of each chapter is a section explaining the important economic concepts introduced in the chapter. In the specific teaching activities, important vocabulary words are listed and defined in student language. Specific questions to ask students also are provided. A 28-item annotated bibliography of curriculum materials is included. Two appendices also are included: (1) Pre/post test on economic concepts; and (2) Attitude survey towards economics and business. (DB)
Publication Type: Guides - Classroom - Teacher
Education Level: N/A
Audience: Teachers; Practitioners
Language: English
Sponsor: N/A
Authoring Institution: Indiana State Dept. of Education, Indianapolis.
Grant or Contract Numbers: N/A