It's all about negotiation.

This week the students had the opportunity to find out about their own trading skills as part of the tuning in experiences for our new unit, "The supply and demand of goods and services leads to trading." We played our own trading game where each student started with 5 things the same, e.g. 5 pencils, 5 rulers, 5 books... and then they had 10 minutes to negotiate and trade with each. This was a real learning experience; some children quickly realised that not everything had the same value and even amongst themselves the perceived value of different items varied considerable. After the 10 minutes were over everyone compared what they ended up with and discussed what they had learned. It was exciting and noisy as is shown by the accompanying video clips but we did discover several prospective hard-nosed businessmen in our midst!

View the frantic activity in 4B!