Classroom · Economics
A higher price. A better deal?
Your students become buyers and sellers. Reveal the market they made, then set a minimum price. Some sellers earn more per sale. Others discover they have no buyer.
- Up to 600 people
A practice run with fictional students. No real classroom or join code is created.
Try an answer on the phone. Lead the lesson from the screen.
On their phone
You are presenting
Setting up the room…
Lesson deck
Teach it as a ready-made lesson
Hook, how it works, the live market game and takeaways. Edit anything.
Closing time at the market
A ready-to-teach lesson deck: a hook, how it works, the live market game and takeaways for the debrief.
6 slides · 1 activity
What it teaches
Distinguish the price of a completed trade from the chance of making one. With the original orders held fixed, students identify a binding floor, count unsold willing sellers and explain why a higher legal price does not guarantee higher earnings.
- Supply and demand
- Price controls
Debrief, while the boards are still up
- 01
Who still trades at the minimum price? Who goes unsold?
- 02
Does a higher price help a seller who cannot find a buyer?
- 03
What changes if the minimum lies below the original price?
- 04
What might people change if they could submit new orders?
How it works
- 01
Add it to your library
Sign up free and pull the activity from Decka's built-in classroom catalog — one click copies it into your own library, ready to run from Decka or inside PowerPoint.
- 02
Students join by QR
Everyone scans from the projector and plays in their phone's browser. No app, no account, nothing to install.
- 03
You run the room
You move the activity phase by phase: collection closes, the boards resolve on the big screen, and the debrief happens while the results are still up.
Build the market before regulating its price
Each buyer receives a private value and each seller a private cost. Students choose their own bid or ask. Once orders close, anonymous step curves show the market those choices made. The curves describe submitted orders, not an assumption that students report their cards truthfully.
Before revealing the minimum-price comparison, ask who expects to benefit. The next view reuses the same orders. Buyers must be willing to pay the minimum; sellers must be willing to accept it. If willing supply exceeds demand, the lowest asks have priority, with acceptance time and a stable identifier breaking ties. The highlighted unsold interval counts actual willing sellers left without a trade.
This is a fixed-book experiment, not a forecast of long-run supply. There are no government purchases and no guaranteed sale. A fresh round could change orders, entry or behavior; discuss those possibilities without confusing them with the controlled comparison on screen.
Try the screen-and-phone preview with fictional classmates. Your phone submission uses the same input and settlement rules as the lesson. The presenter controls reveal each step; sample classmates are illustrative, not optimal strategies or real student records.
FAQ
Teaching price floors with this activity
Can I change the minimum price?
Yes. Customize the floor, private value and cost schedules, units and lesson wording. The prediction step reads the saved floor value directly. A floor below the original price can leave the market unchanged.
Does the government buy the surplus?
No. Unsold means no sale and no earnings from a trade. Government purchases and subsidies are different mechanisms and are not part of this lesson.
What do students see privately?
Their own card, order and trade outcome, including why an eligible seller went unsold. The shared screen shows anonymous curves and counts, not individual private cards.
Which classes is it for?
Introductory economics students can focus on binding floors and excess supply. Advanced undergraduate and MBA classes can examine rationing rules, strategic orders and the limits of a fixed-book comparison.
Do students need an app or an account?
No. Students scan a QR code from the projector (or open a link) and play in their phone's browser. Nothing to install and nothing to sign up for.
Does it work in PowerPoint or Google Slides?
In PowerPoint, yes: open the Decka add-in on a slide and choose the Classroom tile. Google Slides is not supported yet; there you present from Decka itself. Students play from their phones either way.
How many students can play at once?
Up to 50 participants per live activity on the free plan, 150 on Pro, and 300 on Badass.
More economics games to run live
- You are the market
- Who really pays a tax?
- Two factories, one market, and the price you both set
- Two sellers, identical crates, and whoever is cheapest takes the lot
- One of you builds the factory first
- Send it and see what comes back
- Ten coins and nobody can stop you
- One lot, and the best loser sets the price
- Spend the neighbourhood fund
- Four boats and a bay that belongs to nobody
- What is a flat worth to you?
- Three cars on one forecourt
- Tenants and landlords
- All economics activities
Ready to make your
presentations interactive?
Start free. No credit card required.
