Mrs. Hillman's Classroom Economy

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Every student in my class works. Within the first few weeks of school, the students apply for jobs. For very demanding jobs, such as bankers, the students need to get a letter of recommendation from a former teacher or adult that confirms they will be a dependable individual.

 

Occupations

   
Job Title
Description
Pay
 
The Banker
A banker keeps records for half of the students in the class. This student must be good at arithmetic and a person of the highest integrity. The bank teller takes deposits and money from the bank customers and coordinates accounts with the other banker. They are usually two bank tellers in my class.
$600

 

Absence Insurer

The absence insurers will help students who were absent get caught up and keep things organized for the absent student.  These students need to be highly organized and be cooperative.  There will be two absence insurers in my room.
$500

 

Behavior Patrol
The student who is in charge of behavior patrol will help keep track of end of the day color codes for the class. They will check everyone's behavior report for the accurate color code.
$550

 

Reporter

The reporter will write a daily Facebook message about what we are doing in class.  This person must be able to spell correctly and be able to share their knowledge of the concepts covered.  have artistic talent and be willing to share this with others.  This person will need to be able to write creatively because they will help share ideas with our Facebook friends.

$550

 

Librarian

The librarian will organize the library by placing books in the appropriate box. These students must understand genre and how to code books. They must also be aware that each person may only check out one book at a time. There will be two librarians per classroom.

$550

 

Substitute

The substitute job is to substitute for anyone who is absent.  They will need to know how to do everyone's job; therefore, they need to be a well-rounded and patient student.

$500

 

Equipment Manager

The equipment manager will put papers in number order when they have been handed in. They will then staple these together so I see who has handed in their work on time. These students will be asked to collect papers, help with absent students, and sharpen pencils for the class before and after school. There will be two equipment managers per class.  Preference will be given to students who arrive at school around 8:00 am

$550

 

Clip Chart Coach

The Clip Chart coach will be responsible for recording clothespin levels at the end of the day.  They will need to be very honest and can record accurately.  There is one person with this job.

$600

 

Computer Tech

The computer tech turns on the computers at the beginning of the day and logs into rcuser. At the end of the day, the computer tech. is in charge of shutting down the computers in the room and on the mobile cart. This person must be technology savy and either walk or get picked up from school.

$500

 

Supply Manager

This person stocks Kleenex and antibacterial soap, as well as replenishing paper and other supplies that may run low from our community supplies.

$500

 

Line Leader/Ender

  Students will lead or complete the line in the hallways.  They will be expected to know and follow the rules of the hallway, as well as be respectful to others.  The line ender will also turn off the lights as we leave the room.

$500

 

Imaginative Illustrator

The imaginative illustrator designs and create all posters and any cards that come from our classroom. They must be artistic and willing to share their talents with others.

$500

 

Homework Helper

The homework helpers will make sure everyone has written down and has their homework before they leave for the day.  There will be two homework helpers in my room.

$600

 


Insurance Officer

 These students will be responsible for helping after disasters occur, such as spills or tornadoes that go through people's desks.  There will be two insurance officers.

$550

 

Paper Passer

Paper passers will pass out assignments and help file papers into people's mailboxes. There will be two people for this job.

$600

 

Payroll

The students who help with Payroll compute the credits and debits on students ledgers at the end of the week.  They will also help with paychecks if needed.

$600

 

Pledge Leader

This person will be responsible for leading the class in the pledge each morning. This person must be a good leader and must be able to recite the pledge. They must also use a respectable voice level.

$500

 

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Rent

The children must work because they have to pay rent to sit at their desks.  Rent is $500 per month.

Payday

Payday is the last Friday of each month. Each student receives a set of checks at the beginning of the year. I teach the students how to fill out a check and how to use their ledger sheet. This will show them how to deposit and withdraw money from their account. If a student can not pay rent, they are evicted from their seat and have to sit at a table in the back of the room. They are able to save enough money through the bonus money they can receive.

Banking on Good Behavior

Bonus Money

Students can earn bonus money in many ways. They can earn money by doing well in class, using their CPR2 skills, displaying outstanding citizenship, participating in certain optional activities, and through Reading Counts points.

Fines

Conversely, to bonus money, our police officers will fine students if rules are broken. Folliwing are a list of fines levied on any student who does not toe the line.

Bonus Opportunities and Fines

Debit

Credit

Per

Attendance

-

$2

Day

Perfect Attendance for the quarter

-

$10

quarter

80% on a test

-

$5

Test

90% on a test

-

$10

Test

100% on a test

-

$20

Test

Missing supplies

$1

-

Item

Missing homework

$2

-

Assignment

Missing Library book

$2

-

Media Day

Missing gym shoes

$2

-

PE Day

No name on paper

$1

-

Paper

No number on paper

$1

-

Paper

Tardy

$4

-

day, amount doubles with each offense

Rudeness, such as not listening when another person is speaking

$5

-

Offense

Clean desk/Messy desk

$5

$5

police raid

Dishonesty

$20

-

offense

Disrespecting an adult

$20

-

offense

click here to download debit/credit file

Purchasing Condominiums

The fun really begins now! At any time a student may purchase his/her seat and call it a condominium. To do this, they must pay the bank three times the amount of his/her rent. For example, if the rent is $1000, the student would need to write out a check for $3,000 to the bank and that makes the student the official owner of his/her seat. From that time on, the student no longer has to pay rent each month. This teaches the students how to save their money and the advantages of owning property rather than renting.

Students may also purchase another student's rented seat and become a landlord. If a student buys another person's seat, then the student renting the seat must pay the landlord each month. They learn that the rich get richer when they save their money and plan ahead.

Auctions

At the end of the month, after rent has been paid and paychecks have been given out, we have an auction in the class. School supplies, books, art materials, models and many other things are sold. We are willing to accept donations to this great learning experience, as well. The kids learn so much from this opportunity. Some children spend all of their money on buying things, others hold off because they are saving to purchase their condominium. Still others hold off on purchasing, because I keep some of the greatest items until the end of the school year. The student learn about saving, planning, and delayed gratification.

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