Experiential Financial Capability Education: A Field Study of My Classroom Economy

This brief summarizes the results of an evaluation of My Classroom Economy (MCE ), an innovative approach to financial education. In contrast to more traditional financial education programs based around lesson plans, MCE is experiential. Teachers establish a classroom-based economy that integrates into the school day as a classroom management system. Research suggests that this type of experiential approach is a promising teaching strategy, with the added benefit of minimizing time away from other classroom activities.

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