Insurance costs:
One-time yearly payment of: $1,200or monthly payments of: $200
Begin planning your classroom economy before the school year starts.
Allow 1 to 2 hours for planning and preparation.
While explaining your class rules to the students, also explain the key concepts of the classroom economy, including earning a salary and bonus money, paying rent, and buying items at the school store.
Allow approximately 1 hour of class time to complete this activity.
Every week students will earn $2 for completing their classroom job, provided they didn't break any of the classroom rules. Additionally, students can earn bonus dollars throughout the week for demonstrating good behaviorall with classroom economy currency.
At the end of the month, students pay $3 for "rent" and then have the option to spend the rest of their money at the school store, or to continue to save.
Allow 1 to 2 hours per month to complete these activities.
Bring the classroom economy program to an end with a discussion and a chance to reflect. Distribute certificates to highlight student successes.
Allow approximately 30 minutes for the year-end wrap-up.