What's the damage?Generate
Insurance costs:One-time yearly payment of: $1,200
or monthly payments of: $200
On the first day of the program, you briefly explain the rules and expectations of the classroom economy as you would with any classroom management system. You then give the students a syllabus they can take home and read as homework.
Welcome the students and inform them that they'll be earning and spending money throughout the year. Let them know that they will each be paid, in classroom dollars, for holding the job of "exemplary student" and that they can apply for additional jobs or a business license to increase their earning potential.
Hand out the folders you created and ask the students to take out the syllabus. Assign them a due date (potentially within the next few days) for reading Part One of the syllabus.
If you like to include your students in creating class rules and policies, feel free to let them suggest additional bonus opportunities, fines, and auction items.
If you have enough time, you can combine the first and second days into one.