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This fun and easy simulation is a great way for students to get out of the classroom and experience the Circular Flow Model. The students will get a chance to go outside and actually see the money, resources and products flow through a simulated economy. After doing this simulation I have found that it is helpful when discussing the Production Possibilities Frontier, Supply and Demand, Markets and Government interventions later down the road.
Set up is easy and cost effective; you will only 10-15 sheets each of three different colored printer paper and a student aide to cut out the money certificates.
Included in this simulation are step-by-step instructions and the three certificates to print out.
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Check out these other great Economics Simulations and Activities!
Market Structures Simulation
Supply and Demand Gallery Walk