Over the years I’ve referenced hundreds of EconEdLink’s resources for teachers. That’s because EconEdLink is a great resource for any teacher who needs ideas, lesson plans, games, and other resources for teaching economics lessons. On the site you’ll find resources for everything from teaching basic personal finance lessons to elementary students through resources for teaching macro economic theory to high school students.
This week EconEdLink published a list (via their newsletter) of their most popular economics games of the 2022-2023 school year. That list included a game for elementary school students, a game for middle school students, and a game for high school students. Those games are listed below.
Elementary School: Goods and Services Lightning Round
In this game students have to identify and sort items according to whether they represent a good or a service.
Middle School: Taxes Tic Tac Toe
This game requires students to answer questions about types of taxes. When they answer correctly students can mark an X or an O on the Tic Tac Toe board.
High School: The Money Multiplier and the Gigantic $100,000 Bill
This is a game that teaches students how money supply is created and managed through the Federal Reserve system.
Compound Interest Calculator
The Compound Interest Calculator is the most popular resource on EconEdLink. It does exactly what the name states. Students enter age, interest rate, initial investment, and monthly savings to see how much they’ll save and earn over time. There are lots of tools like this one on the web. The nice thing about this one is that it’s not surrounded by a zillion ads for mortgages and investment brokers.
On a related note, Common Craft has a great video that explains compound interest. If you have a subscription to Common Craft you can access the video for classroom use and access the accompanying lesson resources.
Disclosure: I have a long-standing in-kind relationship with Common Craft.