The Classroom Mini-Economy, developed by the Indiana
Department of Education and adopted by the Council for Economic
Education, NY is a hands-on form of instruction that prepares students
to function in today's rapidly changing and independent society.
By organizing their own economy, students learn economic concepts,
money management, and decision-making skills. Students also experience entrepreneurship and real life by operating their own classroom businesses.
The curriculum shows teachers how to implement the mini-economy
in their classrooms with an advanced section dedicated to middle
school classes. It also includes an Economic Primer for Teachers,
Reproducible Mini-Economy Aids, and Student Worksheets.
You can order a copy of the Classroom Mini-Economy
from the Council
for Economic Education or get one free at an Indiana
Council workshop (See right sidebar or homepage).
Mini-Economy Pre/Post Test
ICEE has worked in cooperation with the Purdue Extension Office
to develop some test instruments to use in conjunction with the
Mini-Economy or other economics instruction. There are two tests,
one designed approximately for grades 2-3, the other for grades
There is a teacher version of each test, which gives the answer
key and also keys the questions to the Indiana Economics Standards.
Please feel free to download and use these tests (in PDF version)
with your students. (If you have some success stories about how
well your students did on the test please let us know. Perhaps the
class of another teacher who did not have economics instruction
could be a “control group.”) Likewise, if there are
errors or questions that you feel need to be rewritten, please contact
us. We are open to improving the test.
Student Attitude Survey towards Business and Economics
Pre- and post-test your students so see how their
attitudes towards business and economics have changed during the