Whenever I here the terms inflation and unemployment in the context, I think back to the basic economic principles.
If inflation goes up, unemployment goes down (and employment goes up)
And if inflation goes down, unemployment goes up (and employment goes down)
Then comes along Prime Minister Pierre Elliot Trudeau.
And something call stagflation, both inflation and unemployment were rising in the 1970s.
On to your topic….
In grade 12, I did a class presentation in economic class on the Bank of Canada.
What we did is we emulated a popular on air game show at the time and played it with the class.
So start your presentation by explaining certain concepts to the class. What is inflation, what is unemployment. Why are they inverse of each other. What is stagflation, and any other key terms or facts you have come across.
Then perhaps play a game, could be based on a real show, or make one up.
Example, separate the class into 5 or so teams. Break them up and have them compete with each other.
The key to making games work in class is they should be
a) easy to understand and follow
b) fun
c) funny. Presenters who make the game funny, those games are better.
And have some prizes….perhaps some chocolate bars or something. Everyone likes free stuff. If a team gets it right, they get one, after a while, some teams can be eliminated, etc.
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