Classroom Economy is an engaging and hands-on approach to teach the "Economics, Innovation, and Technology" strand of the New Jersey Core Curriculum Standards for Social Studies (6.1.4.C.1-16). Having students engaged in a simulated economic environment allows for a deeper understanding of economic principles. Establishing a classroom economy provides the opportunity to create a cohesive, year-long unit in which the students become active participants and are invested in learning and understanding the concepts presented in class.