We believe that a solid understanding of business principles and practices is essential for students to succeed in the modern world. Our program is designed to provide students with the knowledge and skills they need to become successful entrepreneurs, managers, and leaders.
We use real-world business and economic simulations to teach students how to apply the concepts they learn in the classroom. These simulations provide students with a realistic and engaging way to learn about business and economics, allowing them to practice decision-making and critical thinking in a safe and supportive environment.Join for Free!
Here are the list of ActiveLearningSheet and ActiveLearningLabs we use to teach economics and business.
Students will make investment decisions to rescue a restaurant that is running in losses. They will decide the amount to spend on new hires, worker training, and advertisement.
Students will act as the junior accountant of the restaurant chain Flavor Frenzy. Their task is to analyze the income statement of the three locations of the restaurant. Then they will aggregate the calculations, find the taxable income, and calculate the total corporate tax to be paid.
Students will explore the concept of financing a business through loans, the benefits of compound growth, and how the initial investment amount and growth rate can affect their profits. By the end of this activity, students will have a better understanding of how to finance a business and the factors to consider when taking out a loan.
Students will explore how raising the price of an item will (usually) results in a lower number of sales (Demand). They will use a graph of this relationship to find the price that results in maximum profit.
Students will run a virtual Snack Stand for an event in the school. They will make purchase & sales plans with a target profit of $150.00 after the end of the event.
Students will use Grandma's cookie recipe to start a new business. Use the concept of ratios, fractions & percentages to run the business for 3 months
Students will delve into the fundamental concepts of pricing and the pivotal role demand curves play in shaping effective pricing strategies. The task for students is to adjust the price of six products for the Christmas closeout sale.
Students will calculate the material required for providing gifts for 25 children, and then learn and use spreadsheet functions to calculate for 1000 children.
Students will utilize the Demand-Profit curve to identify the optimal discounted price for six flagship products in their store, aiming to achieve a minimum additional profit of $1000.
Students will work individually to categorize different needs into the appropriate levels of Maslow's Hierarchy. They will understand how different factors, such as money, and time can impact the needs.
Emily, one of the It’s for Real core group of friends, is an employee of a pizza shop. Her friends order a pizza, then ask her not to charge them because her boss is away and will never know. She rejects their request, but some of her friends have trouble understanding why.
Student pairs will run a virtual Snack Stand for an event in the school. Teams will make purchase & sales plans, and the team with maximum profit wins
To help students develop a strong understanding of economics and business concepts, we recommend the following flow in the classroom:
Begin with fairly simple but powerful economic worksheets that take up to 45 minutes of classroom time. These worksheets are designed to give students a solid foundation in economic principles and practices.
This is a paired learning lab in which the classroom will be split into teams of two. On the first day, students will independently work on the lab. On the second day, they will pair up and split the work to try to maximize their teams' profit. This lab provides an opportunity for students to apply their knowledge of economic concepts in a real-world business scenario.
This is a four-day team-based collaborative lab in which student teams will compete to get maximum profit by running a snack stand for the virtual family field day event in their school. The team with the maximum profit wins. This lab allows students to apply their knowledge of economic concepts in a fun and engaging way, while also developing teamwork and collaboration skills.
By the end of this sequence, students will have gained a solid understanding of different economics and business concepts, and will have developed valuable skills that are essential for success in the business world.