Economic Awareness Activity

This isn't the full lesson that I will teaching Thursday during Seminar. I am only testing this portion of the lesson on Economic Awareness to test for flaws. The majority of the lesson will be on basic Business Mathematics and savings practices.

Thank you for your assistance in this.

Alex B

Quick Statistics

Business Mathematics

Q1 – 26%

Q6 – 22%

Q7 – 25%

Economic Awareness

Q3 – 70%

Q5 – 33%

Q8 – 37%

Q10 – 19%

Financial Literacy

Q2 – 70%

Q4 – 59%

Q9 – 15%

General Financing

Q11 - ~25%

Young couples with no children who both work. Young working couples with children. Older, working couples saving for retirement

Older people living on fixed retirement income.

Inflation can cause difficulty in many ways. Which group would have the

greatest problem during periods of high inflation that last several years?

Economic Awareness ActivityBasics

This activity we're about to start is called Villages – this is based on Oregon Trail, Mafia, and Monopoly.

You will each receive a slip of paper with a profession and information on that profession.

Your goal is to survive the activity with the most money.

Economic Awareness ActivityProfession Slip

Profession: HunterDescription: This section will include background information on

your role, on the setting, and on a special hint that will help you make it through the game.

Advantages Example – These are unique abilities that will help you punish your competitors and/or profit from your competition

Passive - Some will work automaticallyActivated – Some you will have to talk to your instructor to useEnd Game – Many abilities can only be used after all the Markets

are closed.

Want: the resources you don't have Have: the resources you do have Inventory: the resources you can trade Money: what you'll use in purchases

Economic Awareness ActivityBuying and Selling

Think Capitalism.

At the beginning, there are atleast two professions that sell the same resource. Therefore, these two professions will compete for other people's purchases by lowering their prices, trading inventory resources in exchange, or offering other deals.

If there is only one profession that can sell a resource, they are able to hold an auction to sell it the highest bidder, or may trade for another profession's inventory.

As the Market is commencing, raise your hand for the seller's attention and avoid calling out. During Intermissions (the times between Markets), you'll be able to move about freely and plan deals.

Economic Awareness ActivityTips (1 of 3)

Economic Awareness can be defined as “the passive assessing of one's surrounding in terms of profitability.”

This activity is meant to test your ability to assess your economic surrounding and achieve favorable results.

After the next two slides, there will be a three minute preparation period where you'll be able to work out deals with other players. You cannot exchange money or inventory during this period.

Similarly, there are intermission periods between each Market period that you'll be able to check your inventory and plan deals with other players. Again, you cannot exchange money or inventory during this time.

Economic Awareness ActivityTips (2 of 3)

This activity is very capitalistic, think in regards to capitalism.

You can buy a resource even if you already “have” one of it.

You cannot trade your “Want”s or “Have”s.

This game has purposely built-in loopholes, or what seem to be loopholes.

You are not obligated to show someone your slip.

Each slip has unique advantages, and a hint to making through the scenario as that profession.

Example Hint: “Keep everything secret.”

Economic Awareness ActivityTips (3 of 3)

There are five areas referenced on these slips: the North, the South, the East, the West, and the Central region. The drought, famine and illness take place in the Central region, as does nearly everything else.

If you originally sold one resource and you gain more of that resource from another player in any way, you are able to add the newly obtained stock to your inventory.

I suggest having at least one of each resource, but it isn't necessarily needed.

Economic Awareness ActivityLegend: Resources

Food

Shelter

Labor

Medicine

Tools

Let the Preparation Period Begin!

Schedule

Preparation Period (3 min)

Buying and Selling Period 1 (Food Market)

Intermission (1 min)

Buying and Selling Period 2 (Labor Market)

Intermission (1 min)

Buying and Selling Period 3,4,5 (Tool Market, Shelter Market, Safety Market)

End Game – Results & Scores You cannot exchange money or resources during this period,

only plan with others to do so during the Buying and Selling period.

Standby

Buying and Selling commencing...

Reactions1 of 3

1) Person with Most Money – Double your Money

2) Person with Most of a Resource – Gain $200

3) Person with the Most Transactions – Gain $200

4) Clergyman - at the end of the game, your money is doubled for each time you sold a Medicine. This is applied before other end game reactions and advantages; (ONLY ONCE) during the end game at any point, you may make a player immune to reactions and/or advantages. (You can sell this during the end game, or forcible reward.)

5) Blacksmith - anyone who has bought from you loses $50 for each purchase/trade; your resources can't be stolen; you won't lose as a result of not having any Food.

6) Tribesman - if a player's advantage causes you to lose money, that money is taken from them instead and given to you.

Reactions2 of 3

1) Carpenter - (ONLY TWICE) you may divert the effects a player's end game advantage to another player.

2) Peasant - you get an extra Labor for each person you sold to.

3) Mason - you can't lose as a result of having no Medicine; you can't lose as a result of another player's end game reactions; at the end game, you get $50 for each player with a shelter.

4) Plantation Owner (A) - for each “Have” extra Labor at the end game, you gain $100; (ONLY ONCE) during the end game, you may empty any one player's inventory

5) Plantation Owner (B) - at the end of the game, for any player who traded or bought from you, you may steal one of one of their resources and one Food.

6) If you're a Plantation Owner, you lose if you don't have a Labor.

Reactions3 of 3

If you do not have Tools, you lose a Shelter.

If you do not have Labor, you lose a Food. If you do not have Food or Shelter, you

lose. If you do not have Medicine and you

guess a number lower than 6, you have died of dysentery.

… Tallying scores.