William Bettencourt

Currency Value Game part of Starting Point: Teaching and Learning Economics:Economics in Two-Year Colleges:Activities
The "Currency Value Game" sensitizes business students to the concept that wealth is ultimately measured by access to goods and services rather than the availability of money. This 50-minute classroom activity creates two economies each with its own currency and its own supply of goods (peanuts vs. chocolates). As the game proceeds and money supply conditions vary, students must adjust their wealth-seeking strategies accordingly.