Activity 01
Simulation Game: Classroom GDP Calculation
Assign roles as consumers, investors, government, and traders. Students produce and 'sell' paper goods, track transactions on worksheets, then compute total GDP using the formula. Discuss adjustments for intermediate goods. Conclude with a class tally.
Explain what GDP fails to tell us about the quality of life.
Facilitation TipDuring the Simulation: Classroom GDP Calculation, assign specific roles (e.g., households, businesses, government) and require each group to document their transactions with sticky notes labeled by GDP component.
What to look forPresent students with a short list of economic activities (e.g., a family buying groceries, a company investing in new machinery, government building a new highway, a person selling a used car). Ask them to classify each activity as Consumption (C), Investment (I), Government Spending (G), or None of the above, and to briefly justify their choices.