Smaller tasks add up to big, big learning with this activity. 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.
We want learners who can think critically, ask important questions, design and plan based on probabilities, logic, and inference—the skills of responsible citizens.
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 to come try out the carnival games for fun and prizes. What a sneaky way to learn math, economics, and functional design! It’s a hands-on approach to Common Core Standards.
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.