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Ms. Boozer’s Classroom Edit display name

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I have started a classroom economy system in my 8th Grade Math class that teaches students how to work hard for money through classroom jobs, good choices, and good grades, along with how easy it is to lose money for poor money management, not working, and poor choices and poor grades. They can also earn extra money by participating in quizzes related to the lesson at hand, even when they are not required. The kids are loving this project and are excited about it. This is my first week implementing my economy and I've already seen improvement in class participation, their desire to learn so they can make money, and an increase of positive classroom behavior so they do not get infractions. I want this to be a lesson they remember for life. I know their interest will diminish if the money doesn't have value to them, thus not teaching them money management and the importance of working hard for what you want. They have created a list of things they would like to buy. I want their money to have actual value to purchase items like in the real world. Most things they are wanting to buy are items that they do not have the luxury of having at home. My economy also has options to auction off items, so bigger things, such as led lights or things along those lines that students may not have the luxury of buying at home would also be nice for them to be able to purchase. This will be going on all year long. I am hoping to invest in a few larger items that students will want to save up and buy.

About my class

I have started a classroom economy system in my 8th Grade Math class that teaches students how to work hard for money through classroom jobs, good choices, and good grades, along with how easy it is to lose money for poor money management, not working, and poor choices and poor grades. They can also earn extra money by participating in quizzes related to the lesson at hand, even when they are not required. The kids are loving this project and are excited about it. This is my first week implementing my economy and I've already seen improvement in class participation, their desire to learn so they can make money, and an increase of positive classroom behavior so they do not get infractions. I want this to be a lesson they remember for life. I know their interest will diminish if the money doesn't have value to them, thus not teaching them money management and the importance of working hard for what you want. They have created a list of things they would like to buy. I want their money to have actual value to purchase items like in the real world. Most things they are wanting to buy are items that they do not have the luxury of having at home. My economy also has options to auction off items, so bigger things, such as led lights or things along those lines that students may not have the luxury of buying at home would also be nice for them to be able to purchase. This will be going on all year long. I am hoping to invest in a few larger items that students will want to save up and buy.

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