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Supply and Demand Board Game

Create a board game about the law of supply and demand

⏱ 1 Hour

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Supply and Demand Board Game

Standards and Connections:

NGSS.3-5-ETS1, NGSS.MS-ETS1

Suggested Materials:

Dice, paper, colored markers, scissors, cardboard, access to the internet or economic books

Background:

The basic economic principles of supply and demand often determine the price of food in the grocery store. Supply is the amount of a product that a seller is willing and able to sell. Demand is a consumer’s willingness and ability to buy a product. There are a variety of factors, or determinants, that determine supply and demand. If the supply is low, and demand is high, the price will rise. If the supply is high, and the demand is low, the price will fall. This concept is the Law of Supply and Demand.

Process:

Identify

Share the background information with the students, then share the puzzle to be solved. Determine constraints (e.g., time alotted, space, materials provided, etc.) and divide students into small groups.

Imagine

Ask a series of questions to help students brainstorm solutions to the puzzle. Encourage students to list all ideas – don’t hold back! Before moving on, make sure each group selects a solution that fits within the contraints.

  • Ask: How can you can solve this puzzle? Which of your ideas can you build a prototype for given the constraints?
  • Design

    Students diagram the prototype, identify the materials needed to build the prototype, and write out the steps to take. Students describe the expected outcomes.

  • Ask: What steps will you take to create your solution? What do you expect your solution to look like and be able to do?
  • Create

    Students follow their design plan and build their prototypes. Monitor their progress and remind them about how much time they have.

    Test & Improve

    Students evaluate their creation and compare it with the expected outcomes. Students seek areas of improvement and make changes where needed.

    Share

    Students share their solution to the puzzle and communicate lessons learned.

  • Ask: What was your biggest takeaway? What would you do differently?
  • And then

    Have students research supply and demand before creating their game if they are unfamiliar with the concept. Keep the best games in your classroom for students to play during their free time.

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