Activity 01
Simulation Game: Classroom Tariff Economy
Divide class into producers, consumers, and government roles. Introduce a 'tariff' on imported goods using classroom tokens. Track price changes and sales over three rounds, then discuss shifts in wealth distribution. Debrief with charts of winners and losers.
Analyze the incentives driving behavior in a trade war.
Facilitation TipDuring the tariff simulation, circulate with a tally sheet to capture sectoral job changes in real time for immediate class discussion.
What to look forPose the question: 'Who benefits most and who pays the highest price when Canada imposes a tariff on imported steel?' Students should identify specific stakeholders (e.g., domestic steel producers, auto manufacturers, consumers) and explain their reasoning.