Decades in Ink: Great Depression Diary Project
Students explore the Great Depression through historical context, event timeline planning, primary-source diary analysis, and first-person narrative writing.
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Social Studies · All grades
Understanding the Keynesian Beauty Contest
This four-page activity introduces the Keynesian beauty contest through a number-picking game and explains level-k thinking, Nash equilibrium, and bounded rationality.
$4.99USD · Digital download
This four-page activity introduces the Keynesian beauty contest through a number-picking game and explains level-k thinking, Nash equilibrium, and bounded rationality. Students make strategic predictions, calculate targets, and reflect on decision-making in groups and financial markets.
4 pagesof ready-to-use material · PDF
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What you’ll teach
Clear goals. Useful learning.
- Students will understand the rules and purpose of the Keynesian beauty contest.
- Students will apply strategic reasoning through multiple levels of thinking.
- Students will calculate averages and two-thirds targets.
- Students will explain why theoretical equilibrium may differ from real-world behavior.
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