We learn by actively doing. Promotes interest in the subject matter. Stimulates student creativity. Enhances student opportunities for analysis, synthesis, and evaluation. It is a welcome contrast to traditional teaching methods. Market equilibrium, surplus, shortage (crawfish game) Market structure (Airwar) Panel Debate: Business organizations Labor/management contract negotiation Stock market game Internation Simulation Quiz downs Mercantilism simulation(go for the gold!) Causes of Revolutionary War Debate Constitutional Convention Jackson’s Indian Removal Policy Causes of Mexican American War Debate Compromise of 1850 Simulation Robber Baron(oil monopoly simulation) How the West was Won(or lost): reservations, renegades, or removal of Native Americans Causes of Spanish-American War debate Depression problem solving activity Cuban Missile Crisis Simulation Vietnam problem solving activity Iranian Hostage Crisis Simulation Skyjack: terrorism simulation Brainstorm how to create a workable simulation out of important concepts(ECONOMICS) or time periods/events(U.S. HISTORY). OR Use or adopt what a colleague is using and adjust it to your concepts/goals. Think through all possible angles how to conduct the simulation and the possible outcomes of the activity. ◦ Are there enough “roles” to actively engage an average size class at your school? ◦ Can you expand roles for a very large class, or still operate the activity with a very small class? ◦ Write out the instructions and keep them simple and to the point. Prepare in advance the roles of the participants and give them their instructions ahead of time so they can know their roles! Students are very creative! Expect them to find a “loophole” or way to subvert the process or rules. Adjust quickly! Be prepared to “go with the flow” Caution! Simulation and gaming can lead to intense competition; emotions and feelings run quite freely. Be prepared for increased noise levels and spontaneous expressions of emotions.(good and bad) ALWAYS, ALWAYS, ALWAYS have a debriefing activity to discuss the concepts covered in the simulation. This leads to GREAT discussion opportunities!!!! “AIRWAR” is a market structure simulation about price wars and its impact upon the airline industry. Underselling and unwise business practices have led to bankruptcy and a general consolidation of the airline industry since the early 90’s. (students will experience this first hand in the simulation) Voluntary exchange Supply Demand Surplus Shortage Market Monopoly Oligopoly Merger efficiency Why did ticket prices go down as the simulation progressed? What would you do differently if you had the same role again? If a company is so efficient(see Walmart article) that they are eliminating their smaller competition should government step into the marketplace to protect the less efficient companies? How does this impact the consumer? What do you suppose was happening in the economy to cause ticket demand to drop by over 50%? What could the smaller airlines have done to delay bankruptcy? Would it be a good idea for Yankee Airlines to merge with any of the smaller airlines? What impact would a shortage of tickets have upon the smaller airlines? A surplus? In your opinion, what role should government take when competition decreases in a market such as the airline industry? For those of you have flown with Southwest Airlines recently, why do you suppose they have been the only profitable airline the last 20 years? Is there such a thing as a “good” monopoly?