Living in the Real World: Black and White Edition

Living in the Real World. A Math Simulation Game: Sure there are lots of consumer math lessons out there, but this one is just like being in a reality game show. Each student draws a biographical sketch depicting their income, marital status, number of children and education level. Using the statistically accurate data, they plan a budget, purchase a car, buy a house and pay income taxes. Students will learn how to write checks and balance a check book, understand their W-2 statement and their credit card statement. The unit culminates with students planning for their retirement. This is a fabulous way to teach about economics and understanding the real world.