Since the second week of school, students have been actively involved in a year-long economy unit in which they earn credits and debits. The activity is cross-curricular since students are learning major economic concepts, as well as using math skills on a daily basis.

Throughout each week, students can earn credits for any number of things. For example, students who hold classroom leadership jobs each week earn credits on a weekly basis according to our agreed upon payroll. Credits are also earned sporadically for following rules, showing good character, putting extra effort into school work, and being responsible. Debits are given to students when they don't follow classroom rules in our community of learners. At the end of each pay period, students add up their credits and subtract their debits to calculate their total for every two weeks. 

I write paychecks to all students at the end of each pay period that reflect the amount that they have earned after balancing their credits and debits.

Thanks to Beth Newingham

Creating a Classroom Economy on the Scholastic website