fbpx

Jamestown Simulation: New Production Rules

New Production Rules

From now on, everything that a worker produces beyond what is necessary to pay his passage debt is his or hers.  The company will buy each worker’s product under the following terms:

 1.  Colonists must still work to pay for their passage to the New World.  Each colonist must create 10 drawings for the Virginia Company during each round.

 

 2.  Any additional drawings belong to the colonists.  The Virginia Company will buy them for 1 piece of candy per drawing produced in that round.

 

3.  Workers / colonists will be paid at the end of each round when they present their finished drawings to the game managers.

Top 5 Econ Lessons For Your Classroom

By Jamie Wagner, Professor and Economics Teaching Fellow with the Foundation for Teaching Economics and an Associate Professor at the…

Teachers Learn About the Tradeoffs of Renewable Energy Future

Amanda Stiglbauer, FTE mentor teacher, summarizes FTE’s conference on the tradeoffs associated with renewable energy. This special topic conference, held…

A Simple Activity To Explain A Change in Demand vs A Change in Quantity Demanded

Jamie Wagner is a Professor and Teaching Fellow with the Foundation for Teaching Economics as well as an Associate Professor…