Using Games/SimulationsKACEY L RODGERS, NSULANETA 2015

Movie Nations

Group Activity Group chooses a leader Timed steps Follow-up Discussion Questions

Movie Nations- Continued

The Matrix

Organized into several major sectors

Your leaders travel internationally sharing your progress with the world, and encouraging trade. Price remains a major rationing device in your economy.The effects of scarcity vary by income level, but overall inequality is low.Your employees are highly productive and provided the opportunity to become highly educated.You have made the intellectual capital of your citizens your greatest national resource. You have 3 of 4 resources: labor, capital, entrepreneurship

The Purge

The government sets all prices and wage levels minimizing incentives for companies. Non-price rationing devices are the norm in your economy. Your economy is volatile due to scarcity.

Consumption is much harder to predict due the use of non-price rationing devices. The utility or disutility of a good or bad is difficult to predict. Employees in your country are less productive and less educated than your neighbors. You have 3 of 4 resources present in your economy: land, labor, capital.

Movie Nations- Continued

In Time

Your population is highly productive and trade oriented.All Companies are required only to pay a base salary or minimum wage. Regular raises are not required.The effects of scarcity disproportionately affect your lower income citizens. Your population often experiences large scale health crisis in each generation. Therefore your birth and death rates are in not easily predicted. Your economy has 3 of 4 resources present in your economy: land, capital, entrepreneurship

Star Trek

Your workers are the happiest in the world. They enjoy regular pay raises regulated by the government, and paid leave. College students are paid a living stipend. In fact, public school/childcare is available from birth. Your economy has reached equilibrium in all major markets.Your country offers free healthcare and education to all citizens starting from birth.You have all four economic resources, and they are utilized at optimal levels.

Steps

Take __X__ number of minutes to get familiar with your nation. Consider what life would be like for you if you lived in this nation. Task 1 (X minutes): Congratulations! Your group has opened a

business in this nation. Write an action plan for your company. Task 2 (X minutes): After years of business success you have

decided to work in politics. Negotiate with another nation to obtain your missing resource.

Task 3 (X minutes): You’ve retired from politics but remain active in public service. Write a speech encouraging people to move to your nation.

Discussion Questions

What surprised you? Individual economy versus the greater good

Would this have been easier to do on your own? F.U.D.

Did your group come up with any radical ideas? Conflict in a risk free environment

Discussion Questions

http://www.cnn.com/2013/10/29/opinion/sutter-lake-providence-income-inequality/index.html?sr=fb103013unequelplace9a

Do you see the 8 categories of the market basket in this video?

What does the price of labor transmit about the value of labor? (Consider current labor issues like minimum wage, gender pay equity, CEO pay)

Six Square

Chapter 4: Price in the Roger A. Arnold

Playground game “4 square”

Timed relay race using the board

Group activity: timed, and leader verifies answers

Individual exercise: attendance assignment

Price as Rationing Device

Price as a Transmitter of information

Price Ceiling Price Floor

Absolute Price Relative Price

Welcome to Moneyland

1000 adult residents have voted to replace their current tax structure Congratulations! You have been hired to consult on a tax structure for

Moneyland The citizens have demands Task: Create a new tax structure and show mathematically how to

achieve it. The packet has all the information you will need Follow-Up: Explain why you chose this plan.

Questions