Dear Parents and Guardians,
We are about to embark on a new and exciting school year! This year your student
will be participating in a classroom economy as a part of our behavior management
system. Everyone knows that students learn through experience. To understand the
economic forces that affect their lives, students have to experience those forces first-hand.
Participation in a classroom economy is an experience that students will remember long
after they have left the classroom. Throughout the school year students will earn
valuable life skills such as: job applications, interviews, the exchange of money for goods
and services, and, supply and demand.
Tell me – I listen
Show me – I see
Involve me – I understand
These are the guiding principles that we will be building our economic system on.
Students will be rewarded for hard work and good character and fined for poor choices.
All students will have a classroom job to perform and will be paid in classroom money.
They may spend the money in a class store or auction. You may access the classroom
store and job list on our classroom website.
I am confident our students will enjoy our classroom economy and benefit greatly
from it. My hope is that the students will apply the economic skills they learn to their
future lives outside the classroom. I hope you and your child are excited about this new
experience as I am. Feel free to contact me via our classroom website
manngrade5@weebly.com.
Sincerely,
Miss Mann
Here is how our classroom economy system will work:
Jobs/Pay
There are many jobs that need to be done to keep our classroom clean and orderly.
Classroom jobs are the most common and realistic way for students to earn money.
Students will be able to apply for jobs every month by filling out a job application.
Positions will last approximately one month; therefore, job applications will always be
due the last week of every month. Job positions that obtain multiple applicants will
require an interview with the teacher to determine who has the necessary skills to
accomplish the job. Just like in the real world, different jobs are paid different salaries.
Students will be paid each week for completing their job.
Fines
There are also fines in this economic system. Students will lose money for things
like missing homework, being off task, dishonesty, disrespect, etc. This will help students
to learn that there are consequences for their actions.
Rewards
There will be rewards at the end of each month in which students can use their
money to participate in a fun activity. There might be an auction where school supplies,
coveted reading/work areas, books, prizes etc. will be auctioned off to the highest bidder.
Another reward could be purchasing items or coupons from our classroom store (available
on our website). Students can save up to purchase these things with the money they earn.
This is set up to help the students learn to spend their money wisely, and save up for
something they really want.
Other Features
These other features may begin once the classroom starts running smoothly and
students know the role they play in the economy. They may vary from classroom to
classroom.
Miss Mann’s Class Economic System
Incentive Payments Include:






A on a test = $20
Being on task = $20
Performing your job to expectations = see monthly salary schedule
No late assignments for the month =$100
Receiving a compliment “tweet” = $10
Joining/Participating in an extra-curricular activity = $50
Fines include:
 Missing/Late assignments = $50 per assingment, per day
 Not getting a parent letter signed = $50 per day
 Being off task =
o 1st Warning - $20
o 2nd Warning - $50
o 3rd Warning - $100
 Messy bookshelf = $50
 Dishonesty/Disrespect/Poor Character/Not following Directions = $100
 Unpreparedness = $50
Extra Expenses
 Leaving the classroom during whole-class instruction
time = $50
o Bathroom, drinks, locker
 Extra copy of an assignment = $50 per page