Objective
Teachers will be able to:
- Discuss the merits of using children’s literature that have been made into movies to motivate learning.
- Discover the economic concepts found in the newly released “Wonka” movie, including entrepreneur, profit, allocation, choices, costs and benefits.
- Review lessons and activities specifically developed for the movie/book.
- Preview upcoming movies that include economic concepts.
Concepts
Description
Author Roald Dahl’s quirky character, Willy Wonka, had a lot to learn on his road to financial success. You will learn from Wonka’s experiences and discover how entrepreneurship, monopolies, comparative advantage, and “reading the fine print” played a part in his lucrative career. This session features a lesson with the characteristics of an entrepreneur and how they relate to the fictional character, Willy Wonka. In the lesson, students will be introduced to the terms: entrepreneur, profit, choices, costs and benefits.