Smaller tasks add up to big, big learning with this gold medal standard project-based learning activity! What a sneaky cool way to learn math, economics, and functional design! (Insert evil teacher laugh.) It’s a hands-on approach to Common Core Standards.
In Carnival Game Economics, students design a carnival skill game and gather data as junior market researchers during the test phase. They’ll use this data to help make decisions. After making calculations for probability, students will use pricing options and economic decisions in an attempt to turn a profit with their game of chance or skill. Finally, in an authentic assessment, students invite another classroom(s) to come try out the carnival games for fun and prizes.
Here are real-world math, economics, and functional design from the Common Core Standards together in a highly engaging activity—21st Century Learners at their finest! In this activity, students become 3D designers, engineers, mathematicians, economists, and business owners who collaborate to produce an authentic product.
We want learners who can think critically, ask important questions, design and plan based on probabilities, logic, and inference—the skills of responsible citizens.
Here the teacher is not the sage on the stage by a guide and support. There are a few mini lessons (provided) you may want to teach—depending on the background knowledge of your students.
This lesson comes with detailed teacher directions, sample answers and a scoring rubric, several ready-to-print activity sheets which guide students through critical thinking in economics and math, and photos which clarify the process.
Carnival Game Economics is appropriate for 4th grade GATE students through 7th grade.
Level—4th GATE through 7th
Materials—“Junk drawer items” and cardboard, tape, common craft materials.
Time: More than 6 hours, depending on level and pacing/revision/sharing.