Ethica - The Ethical Finance Game

Ethica © resourceimage/300_Ethica_3dbox.jpg

An educational board and role play game, including the roles of families, bankers and entrepreneurs, which explores the social and environmental impacts of personal banking, investments and businesses. Ethica challenges students to consider the tension between profit and social and environmental responsibility.

  • COST £22 + £9.50 p&p
  • FORMAT Boardgame
  • PUBLISHED06/11
  • PHOTOCOPIABLE Yes
pfeg Quality Mark

Get this resource

Contact the distributor

Susted

Phone
01780729208
Email
Email them adam@susted.org.uk
Address
Brewery House Ketton Stamford
PE9 3TA
Website
Visit their website http://www.ethica.co/index_en.html

Suitability

Age range

  • 15 - 19 year olds
  • Key stages 4 & 16-19 in England
  • Key stages 4 & 16-19 in Northern Ireland
  • Year groups S4 & 16-19 in Scotland
  • Key stages 4 & 16-19 in Wales

Secondary Key Concepts

  • Capability (PSHE Education EWBFC 1.2)
  • Risk (PSHE Education EWBFC/PWB 1.3)
  • Economic understanding (PSHE Education EWBFC 1.4)
  • Personal identities (PSHE Education PWB 1.1)
  • Diversity (PSHE Education PWB 1.5)
  • Competence (Mathematics 1.1)
  • Applications and implications of mathematics (Mathematics 1.3)
  • Rights and responsibilities (Citizenship 1.2)

Secondary Key Processes

  • Financial capability (PSHE Education EWBFC 2.4)
  • Critical reflection (PSHE Education PWB 2.1)
  • Decision-making and managing risk (PSHE Education PWB 2.2)
  • Developing relationships and working with others (PSHE Education PWB 2.3)
  • Analysing (Mathematics 2.2)
  • Critical thinking and enquiry (Citizenship 2.1)
  • Advocacy and representation (Citizenship 2.2)
  • Taking informed and responsible action (Citizenship 2.3)
  • Self-development (PSHE Education EWBFC 2.1)
  • Enterprise (PSHE Education EWBFC 2.3)

Secondary Range and Content

  • Knowing about a range of economic and business terms including the connections between markets, competition, price and profit (PSHE Education EWBFC 3)
  • Personal budgeting (PSHE Education EWBFC 3)
  • Money management (PSHE Education EWBFC 3)
  • Credit and/or debt (PSHE Education EWBFC 3)
  • Knowing about a range of financial products and services (PSHE Education EWBFC 3)
  • Risk and reward (PSHE Education EWBFC 3)
  • How money can make money through savings, investment and trade (PSHE Education EWBFC 3)
  • How and why businesses use finance (PSHE Education EWBFC 3)
  • Social and moral dilemmas about the use of money (PSHE Education EWBFC 3)
  • The effect of diverse and conflicting values on individuals, families and communities and ways of responding to them (PSHE Education PWB 3)
  • The roles and responsibilities of parents, carers, children and other family members (PSHE Education PWB 3)
  • Calculations and manipulations with real numbers (Mathematics Number and Algebra 3.1)
  • The handling data cycle (Mathematics Statistics 3.3)
  • Experimental and theoretical probabilities of single and combined events (Mathematics Statistics 3.3)
  • How information is used, including information from the media and from pressure and interest groups (Citizenship 3)
  • The impact and consequences of individual and collective actions on communities, including the work of the voluntary sector (Citizenship 3)
  • The rights and responsibilities of consumers, employers and employees (Citizenship 3)
  • The challenges facing the global community, including international disagreements and conflict, and debates about inequalities, sustainability and use of the world's resources. (Citizenship 3)

Origin of resource

This resource was produced in England and meets the requirements of the English curriculum. All Quality Mark resources are designed for use across all UK countries, although they may be more suited to the country where the resource was produced and as such may need some adaptation.

Relevant subjects

Relevant topics

Suitable for gifted and talented

The guide offers extension activities which focus on researching actual banks and their investment policies.  The resource offers opportunities for advancement as both the rules of the game and the underpinning concepts will be quite challenging to master.

Suitable for special educational needs

Medium learning difficulties.  As the game can be played in groups then this will enable the less able to participate effectively.

 

Assessor's comments

This game is an interesting and inventive way of developing pupils' awareness of the effect of financial decisions, made by themselves and others, on the global economy.  Ethica is a well thought out and stimulating role play/board game that will challenge students to consider the tension between profit and social and environmental responsibility and how they can do “the right thing” with their money. In its complexity it will stretch older able students.

Your comments

There are currently no comments on this page.

Add your comment

Footer image boy with book
Girls with coins

Related resources

  • Finance World
    27 Oct 09 Finance World

    An interactive online resource aimed young adults aged 16 upwards, designed to support the development of personal finance skills in a fun and engaging way. The free resource includes an interactive game and activities, downloadable fact sheets and real life case studies, and is designed for use on PCs or interactive whiteboards in the classroom or at home.

  • Money Skills 16 - 25
    01 Jun 09 Money Skills 16 - 25

    This is a financial capability resource aimed at vulnerable and excluded young people, including those who are unemployed, disengaged from learning, leaving care or homeless. The core target audience is 16 to 19 year olds, but it will also be relevant to many young people up to the age of 25.

  • Students and Young People Leaflet
    21 Aug 08 Students and Young People Leaflet

    This is one of seven 'Credit Crossroads' leaflets available free from Experian, the UK's largest credit reference agency. The leaflet aims to help students and young people understand credit and credit reference agencies, and look after their credit reports. It incorporates advice from the National Union of Students, the Basic Skills Agency, Citizens Advice and the Financial Services Authority.