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Coupon frenzy
- 1. COUPON FRENZY! Let’s Play! Game Directions Story Credits Copyright Notice Game Preparation Objectives Items
- 2. The Story of “Coupon Frenzy”! Taylor is a Senior in high school, and will graduate in two weeks! He/ she has been accepted to a major University, and has received the HOPE scholarship. However, Taylor’s parents have only allotted him or her $1150 to shop for the new dorm. The University requires that Taylor be equipped with specific items (found on items link). Taylor decides that he/she should begin the shopping so Taylor heads to the mall. When Taylor arrives he/she finds that the mall is having “Coupon Frenzy!” day. All Taylor has to do is answer a question at each store to receive a specific percentage off the purchase in that store. Taylor soon realizes the only way he/she can afford all of the items needed is to receive a majority of the coupons. Taylor cannot wait to begin his/ her bargain shopping! Home Page 50% OFF 25% OFF
- 3. Game Directions The goal of the game is to purchase all of the items with the most amount of money left over. To play the game you have to pick a store to start with and try to answer the “Coupon Quiz!” To win the game you have to purchase all of your items, and return home with the most money! Home Page
- 4. Game Preparation Print out ITEMS: Slide 5 Print out Taylor’s balance sheet: Slide 29 SHOP! Home Page
- 5. Shopping Items Bed-in-a-bag Pillow Laundry Supplies Bath Towels Shower Basket Curtains/ blinds Rug/ carpet Telephone Refrigerator Microwave Desk Desk Chair Lap Top w/ Printer Combo Folding Chair Decorations One Month Food Supply Home Page
- 6. Credits All teachers and students at non-profit schools can use, revise, or adapt this game at will at no cost on the condition that all prior designers are cited. • Originally designed by Jeanette Gordon & Kristen Urick, University of Georgia, May 23rd 2003, with the title “Coupon Frenzy”! Home Page
- 7. Educational Objectives • Audience – Grades 9th – 12th • Subject Area: Business Education – Basic concepts in finance – Students will be able to demonstrate understanding of basic economic concepts and how they are applied in the business functions and activities. Home Page
- 8. Copyright • Copyright 2003 Jeanette Gordon & Kristen Urick • Permission to copy this game at no cost is granted to all teachers and students of non-profit schools. • Permission is also granted to all teachers and students of non- profit schools to make revisions to this game for their own purposes, on the condition that this copyright page and the credits page remain part of the game. Teachers and students who adapt the game should add their names and affiliations to the credits page without deleting any names already there. Home Page
- 9. Time to play “Coupon Frenzy”! • Let’s begin playing the game! • Select a store at the Coupon Frenzy Mall • Once you enter the store answer the question to receive your discount • Travel around the mall to purchase all of your items! Home Page Game Directions Coupon Frenzy Mall
- 10. “Coupon Frenzy” Mall Linens & Stuff Laundry Bath Linens Let the Big Dawg Eat! Cool Window Covers Folding Chairs Plus Decorations Pillow World Appliances Bubble Bath Extravaganza Computers Unlimited Electronics Carpets Plus The Desk Outlet Furniture Accessories Kitchen Accessories Home Page
- 11. Bed-in-a-bag: $80.00 An economy is a system of managing the productive and employment resources of a Country Community Business All of the above Coupon Frenzy Mall A C B D 25 % OFF
- 12. Refrigerator: $100.00 Buying this item will increase production and consumption in the economy which is called Economic growth Expansion Recession Economic cycle Coupon Frenzy Mall A C B D 30 % OFF
- 13. Telephone: $10.00 A wavelike pattern of economic activity that includes temporary phases that undulate from boom to bust is called the Business circle Business cycle Inflation Economic cycle Coupon Frenzy Mall A C B D 10 % OFF
- 14. Lap top with printer: $1000.00 You will increase retail sales when you buy this item and send the economy to the ______ phase, where production is at high capacity, unemployment is low, retail sales are high, and prices and interest rates are low or falling. Recession Growth Decline Coupon Frenzy Mall A C B D 50 % OFF
- 15. Pillow: $20.00 If you do not buy an item, you may contribute to a ______, which is generally described as a decline in business activity or a downturn in the economy. Recession Expansion Decline Growth Coupon Frenzy Mall A C B D 25 % OFF
- 16. Curtains: $100.00 After a recession the economy will move into the _____ phase, where levels of production, employment, and retail sales begin to improve, allowing the overall economy to experience some growth from its previously weakened state. Stable Recovery Good Bad Coupon Frenzy Mall A C B D 40 % OFF
- 17. Bath Towels: $75.00 ______ is the value of all goods and services produced by workers and capital located in the U.S., regardless of ownership. Index of leading economic indicators Economic value Gross domestic product Service value Coupon Frenzy Mall A C B D 40 % OFF
- 18. Shower Basket: $10.00 The ______ is a composite index, reported monthly by the Conference Board, that suggests the future direction of the U.S. economy. Service value Economic value Index of leading economic indicators Gross domestic product Coupon Frenzy Mall A C B D 20 % OFF
- 19. Desk: $100.00 A steady rise in the general level of prices is called_______. Deflation Growth Increase of price index Inflation Coupon Frenzy Mall A C B D 45 % OFF
- 20. Rug/Carpet: $60.00 ________ involves falling prices. Decrease of prices index Decline Inflation Deflation Coupon Frenzy Mall A C B D 25 % OFF
- 21. Desk Chair: $50.00 To maintain _____, your income must rise as the prices rise. Power Money Purchasing power Status Coupon Frenzy Mall A C B D 50 % OFF
- 22. Microwave: $45.00 The U.S. government measures inflation using the ________. Consumer price index Inflation ruler Scale rater Inflation calculator Coupon Frenzy Mall A C B D 40 % OFF
- 23. Folding Chair: $50.00 As you purchase items your ________ may vary as it measures the rate of increase in prices of items purchased by a particular individual. Personal inflation Personal rate Personal increase Personal finances Coupon Frenzy Mall A C B D 30 % OFF
- 24. Laundry Supplies: $100.00 The _______ of buying this item is measured as the value of the next best alternative that must be foregone. Cost Consequence Opportunity cost Rewards Coupon Frenzy Mall A C B D 75 % OFF
- 25. Decorations: $50.00 ______ is the ability of a good or service to satisfy a human want. Satisfaction Utility Opportunity cost Reward Coupon Frenzy Mall A C B D 50 % OFF
- 26. Food Supply: $ 150.00 ______ is having the extra satisfaction derived from having one more incremental unit of a product or service. Utility Marginal cost Opportunity cost Marginal utility Coupon Frenzy Mall A C B D 30 % OFF
- 27. CORRECT!!!! • Congratulations! • You may receive this coupon • Take the given percentage off of this purchase Return to Question
- 28. INCORRECT! • You cannot receive this coupon • You must pay full price for this item • Good luck next time! Return to Question
- 29. Balance Sheet Item % of Coupon Amount Before Coupon Amount After Coupon Balance 1500