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ERIC Number: EJ770153
Record Type: Journal
Publication Date: 2003
Pages: 5
Abstractor: ERIC
Reference Count: 8
ISBN: N/A
ISSN: ISSN-0037-7996
The Frozen Price Game
Alden, Lori
Social Studies, v94 n1 p35-39 Jan-Feb 2003
In this article, the author discusses the educational frozen price game she developed to teach the basic economic principle of price allocation. In addition to demonstrating the advantages of price allocation, the game also illustrates such concepts as opportunity costs, cost benefit comparisons, and the trade-off between efficiency and equity. This game is especially well suited for students in high school or introductory college economics courses. (Contains 1 figure and 2 tables.)
Heldref Publications. 1319 Eighteenth Street NW, Washington, DC 20036-1802. Tel: 800-365-9753; Tel: 202-296-6267; Fax: 202-293-6130; e-mail: subscribe@heldref.org; Web site: http://www.heldref.org
Publication Type: Guides - Classroom - Teacher; Journal Articles
Education Level: N/A
Audience: Teachers
Language: English
Sponsor: N/A
Authoring Institution: N/A