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    vanessapower
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    45 minute classroom simulation using candy to demonstrate the 4 types of market structures. Grades 7-12

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    45 minute classroom simulation using candy to demonstrate the 4 types of market structures. Grades 7-12

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    4 views1 page

    Market Structure Simulation

    Uploaded by

    vanessapower
    45 minute classroom simulation using candy to demonstrate the 4 types of market structures. Grades 7-12

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Market Structure Simulation

    4 types of economics systems

    1. Divide class into 4 systems. (each kid represents 1 firm in each market)
    a. Monopoly 1 kid
    b. Oligopoly 3 kids
    c. Monopolisitc Comp - 3 kids
    d. Perfect Competition 15+

    2. Give out candy to each kid representing their market


    a. Monopoly candy bar
    b. Oligopoly starburst
    c. Monopolistic jolly rancher
    d. Perfect peppermint

    3. Tell kids I will buy a piece of candy from 1 firm in each market structure.
    4. Give them a minute to write down their price
    a. Only Monopolistic cannot talk while determining price
    5. Redo again.
    6. Discuss and debrief
    7. Fill in chart

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