The Mini-Economy is an experienced-based program used to teach entrepreneurship, economics and government. Students immerse themselves in a classroom economy: applying for jobs, running businesses, paying taxes, making investments. Your students will master essential economics principles while getting cross-curricular exposure to math, reading and writing. On top of invaluable teamwork and negotiation skills, students learn their role in the global marketplace.
Participants will receive a number of engaging, classroom ready lessons and activities for grades 3 through middle school. The institute also identifies performance assessments for grade 3.
Participants who attend the entire institute and successfully pass a test will be acknowledged as VCEE Certified Economic Educator: Mini-Economy.
JMU’s Lynne Stover continues to play a key role in the state delivery of the “Reading Makes Cent$” program sponsored by the Virginia Council on Economic Education and Virginia 529. The program includes free economics-related books for the libraries, associated instructional materials, and competitions for the students. Lessons authored by Stover and edited by the Virginia Council on Economic Education are available for each title. For the new school year, the three featured titles are:
My Rows and Piles of Coins by Tololwa M. Mollel, described as the story of a resourceful and thoughtful boy. The story is set in Tanzania in the 1960s.
Rock, Brock, and the Savings Shock by Sheila Bair, the story of two brothers who have very different attitudes about dealing with money.
Lemonade in Winter by Emily Jenkins illustrated by G. Brian Karas, a story about sibling entrepreneurship.
Russell Kohrs of the Massanutten Regional Governor’s School has won the top prize in the open state economic education awards competition sponsored by the Virginia Council on Economic Education.
The winning project was “Concentrating on Copper: An Exploration in Mineral Commodities,” developed at Broadway High School. This project combined earth science principles and economic concepts to show students the importance of finite resources.
Since completing the project at Broadway, Kohrs has joined the faculty of the Massanutten Regional Governor’s School for Environmental Science and Technology in Mt. Jackson.
Kohrs will be recognized at a December 11 presentation in Richmond.
The Kohrs project had earlier won the grand prize in local competition sponsored by the Harrisonburg Rotary Club and the Harrisonburg-Rockingham Chamber of Commerce.
Union Bank & Trust is now the presenting sponsor of the Global Entrepreneurship Marketplace Fair (GEM Fair). Held each year at James Madison University, the GEM Fair brings together Mini-Economics from throughout the area for a simulated international marketplace.
“We very much appreciate the sponsorship and the financial boost it will bring to this event,” said Dr. William C. Wood, director of the JMU Center for Economic Education.
March 9, 2016 is now set as the date of the next GEM Fair presented by Union Bank & Trust. The venue for 2016 is JMU’s Festival Conference Center. The day will include a Roll Call of the Mini-Economy nations, market session, and awards ceremony. Here’s a link to more on the GEM Fair.
Allen J. Ruliffson, who teaches seventh grade social studies at J. Frank Hillyard Middle School, has received the highest award given for middle school teaching of economic content by the Council for Economic Education.
Ruliffson was named the 2015 winner of the Council’s middle school John Morton Excellence in the Teaching of Economics Award.
Ruliffson, a past winner of local and state competitions, was encouraged to enter the competition by Lynne F. Stover of the James Madison University Center for Economic Education. “Allen has consistently done excellent work that makes economics real for the middle school population,” Stover said.
“This recognition reflects that teacher excellence makes a difference, and your project exemplifies the importance of economic and financial education as critical to students’ future success,” said Council Vice President Gwen Pajotte in notifying Ruliffson of his winning entry.
In support of his application, Ruliffson submitted material on career accomplishments in economic education, along with a local award-winning lesson plan, “Barracuda Barrel,” that used a “Shark Tank”-like competition among students to teach economic history.
Ruliffson was recognized in St. Petersburg, Florida, at the October meeting of the Council for Economic Education and the National Association of Economic Educators.
The award includes a $1000 check and the trip to St. Petersburg, where Ruliffson shared best practices with colleagues in a session coordinated by the Council.
The awards criteria call for nominees to “exhibit innovative approaches to economic and financial education using multiple teaching approaches.” “Allen’s work does all that and more,” Stover said.
Ruliffson’s previous prize-winning work included lesson plans and entire economics units that combined in-class instruction, field trips and technology projects. One entry took a traditional year-end field trip to Hershey Park and turned it into a multi-disciplinary learning project.
Ruliffson’s previous work has included solo projects and team projects. “Barracuda Barrel” was done jointly with Hillyard teacher Kim Fawley and technology resource teacher Alice Blair.
“Allen’s work shows how much seventh graders can learn when sound economics is combined with excellent presentation,” said Jerry Scripture, board chair of Shenandoah Valley Economic Education Inc. SVEE provides funding for a comprehensive economic education program locally.
JMU’s Lynne Stover has won an award from the National Association of Economic Educators for her economics lesson on labor leader Cesar Chavez. The lesson, published by LibrarySparks, is titled “Harvesting Hope: The Story of Cesar Chavez.” The national bronze award will be presented to Stover at NAEE’s 2015 national meeting.
A lesson by JMU’s Lynne Stover based on the award-winning young adult book The Giver has been published by the Council for Economic Education on the council’s national resource site, econedlink.org. Stover’s lesson, “Jonas Makes a Choice,” guides students through benefits, costs and decision-making using The Giver as a common point of references for students and the teacher. The lesson includes an assessment activity and multiple extensions. (Students will be familiar with The Giver because of its recent release as a full-length movie starring Jeff Bridges and Meryl Streep.)