Profit & Loss Lemonade Stand Roleplay Game (Supply & Demand Lessons too)

Teach Profit & Loss (and Supply & Demand) through a fun game that students will enjoy. Also included in this pack is a fun auction lesson to teach supply & demand.

I wanted to teach my students about profit and loss and give them an experience learning how a business works before they created their own. I wanted them to learn:

- How to plan/organize what they need to buy
- Keep a profit/loss record (doing the math themselves)
- About borrowing/repaying loans (with interest that grows over time)

- Tracking the products they use (and don't use) day to day.

I couldn't find a good resource, so I created my own game!

Students can work individually or in teams to imagine they are running their own lemonade stand for 5 days. They compete with each other to earn the most profit (without debt) at the end of the 5 days.

Teams need to plan and make a lot of decisions about how much to buy and prepare for their day. They can get a loan from a bank to help them with their business, but interest grows each day they do not return the money. Much of it is structured for them, but they need to do all the math themselves and keep track of everything. Of course, there are templated sheets to help them (and you) keep it all organized.

While many decisions are left to the students, like in the real-world, some things are left to chance (rolls of the dice - both 6 and 12 sided), such as the weather each day to determine if the demand will be high or low and the number of customers that purchase lemonade at their stand.

This is a fun gamified activity that allows students to experience what it is like to run a business through an imaginary role-play.

Which team will earn the most profit?

Also included in this pack is a Powerpoint deck with editable slides that contain a fun lesson to teach supply & demand. You run a simple auction with the students to demonstrate low demand, high demand, and high supply. The money used in the game

can even have your face on it!

I hope this is useful to you and fun for your students!