Biding to Trade

Inquiring into the role of supply and demand in trade turned out to be an exciting and fruitful one. Students experienced different trading techniques like auction, biding and partnerships. Students came up with questions like, “What if customers are cheated by sellers/ producers?” They were amazed to see the outcome of their understanding and learning through this learning engagement. Deeper understanding happened with brainstorming session post the learning engagement and evaluated their learning.

"On 12.12.12 grade IV C had an auction of color pencils and marker to understand the concept of the role of supply and demand in trade. The activity took place by bidding for color pencils10to150. As need of the hour a marker was bided to the highest of 1090. The then owner of marker (me) sued the customer for being cheated and more by making large profits. My friends got into partnership deals to bid for the marker.I think everybody liked the learning engagement."- Rohan Reddy (Grade IV)