Ponzi Scheme Pondering

Resource ID#: 32220 Primary Type: Problem-Solving Task

General Information

Subject(s): Mathematics
Grade Level(s): 9, 10
Intended Audience: Educators educators
Suggested Technology: Computer for Presenter, Computers for Students, LCD Projector
Instructional Time: 15 Minute(s)
Keywords: Exponential Growth, Ponzi, Pyramid scheme
Instructional Component Type(s): Problem-Solving Task Worksheet Teaching Idea
Instructional Design Framework(s): Demonstration
Resource Collection: CPALMS

Aligned Standards

This vetted resource aligns to concepts or skills in these benchmarks.

Related Resources

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MIT BLOSSOMS - Flu Math Games:

This video lesson shows students that math can play a role in understanding how an infectious disease spreads and how it can be controlled. During this lesson, students will see and use both deterministic and probabilistic models and will learn by doing through role-playing exercises. There are no formal prerequisites, as students in any high school or even middle school math class could enjoy this learning video. But more advanced classes can go into the optional applied probability modeling that accompanies the module in a downloadable pdf file. The primary exercises between video segments of this lesson are class-intensive simulation games in which members of the class 'infect' each other under alternative math modeling assumptions about disease progression. Also there is an occasional class discussion and local discussion with nearby classmates.

Type: Video/Audio/Animation