Sanya Dedhia and Savannah Miller

Mr. Douglas

H2193

May 16 2024

Lancaster Monopoly, Room 243

The economic sectors that we decided to add to our board included desserts,

colleges/universities, beauty places, entertainment/theaters, Amish attractions/businesses,

restaurants, family fun places, and sports facilities. These being our main spaces, we decided to

use these because the people that spend money at these places range from small children to

adults, and both men and women go into these establishments. For example, there are colleges

for students, because many college students don’t spend much money outside of their school,

because they don’t have much money to spend otherwise in other places on the board. Including

gas stations as the railroad is a way for us to use the 4 most popular ones and be seen and added

as a part of the economy. Many people rely on gas stations to get around to spend their money

and make the economy go. Including Markets (Central Market and Roots) as the utilities was a

thought because that is a way many small businesses and family owned places can make money,

through a small local place, that becomes a part of many peoples weekly schedules. We chose

Dutch Wonderland to be the GO space because spending time as a family at a park like that is

rewarding, and when you pass go, you receive a reward of 200 dollars. We chose the Park City

Mall as the Free Parking space because it is a very neutral space for people to stop and rest, or

spend money. Costco as the luxury tax space was chosen because it’s a place where people spend

more money than they think they are going to spend (hence the “luxury”). Finally, jail is

Hempfield High School Social Studies room 243. We decided to make this card because this is
one of our final classes of high school. We are all seniors, and we want to leave. But we can’t,

because it feels like a forced educational jail, as well as a graduation requirement. Some people

even took micro too and they are still here… good for them. Economics is difficult and students

struggle. Our hope is just to leave. Our deepest regrets (and condolences). Also, it is important to

add before looking at the whole paper, our Chance cards are called “Movers and Shakers” and

the Community Chest cards are renamed “Subsidies” :)

I believe that our spaces reflect Lancaster County well, because we did not just focus on

what is right around us and the Amish (even though we included that too, because we feel it is

important.) We took parts from all of Lancaster County, including the city, Lititz, Paradise,

Ronks, Manheim, and further out. We tried to pick places that were popular and hit many

different demographics. Our varied sectors reflect Lancaster County’s economy well, with

references to the multitudinous businesses found all around us. Shoutout to Salon 717, which

Savannah’s sister helps run! The only thing we perhaps could have added were grocery stores

(rip Amelia’s… you had some niche foodstuffs), leading into our next paragraph...

We once had the idea of using fast food chains as well as art studios and bookstores. For

fast food chains, we felt that those spaces could not be measured to accurately reflect the

economy in Lancaster, and that they did not hold enough weight on their own to move the

economy forwards. As for art studios and bookstores, there is just not enough interest to the

general public to beat out the other categories. I (Savannah) personally don’t read, I don’t like

bookstores, I can’t speak for others, but I made the board. Sanya here! I read a lot, but bookstores

do not really reflect enough of the population to be a valid sector of the economy at large (there’s

a reason Borders went out of business :( ). Plus, a lot of readers have a lovely hobby called
supporting our public library system! Art studios are also an extremely small portion of our

economy, so it does not make sense to include them.

Our game is mostly similar, although it does not really have the same assignment of color

placement to value as the original monopoly. We did our best to maintain adherence to the

original structure (see the jail space). In fact, our biggest changes were most likely swapping

roads for businesses and the chance/community chest cards. (Sanya here, I haven’t the faintest

clue about buying businesses. There’s a reason most of what I do with my free time is with

nonprofits.) Additionally, we decided to change a rule- if you go to room 243 thrice, you can

have a free house. Education works wonders- stay in school kids! Look man, we’re seniors.

You’re lucky I (Sanya) did not make a “you give up and drop out, hoping something else works”

card as a get out of jail free card that also shows how workers can get discouraged. Oh wait. I

did.

The whole thing was awful. We had AP exams and other end of year projects so it was a

struggle to find time. All jokes aside, coming up with 20 topics for the community chest/chance

cards was horrendous. I used Ihrig and Wolla’s article on ample reserves to help refresh exactly

what policies are implemented in an ample reserve system (changing administered rates) and

then referred to Ihrig et. al. to obtain inspiration as to how the economy functions in a time of

crisis. I also perused Lowd’s book for ideas on distinct macroeconomic concepts, which is what I

developed multiple cards from. This was a long project for the last week of school, on top of five

AP exams. I am dying. Savannah here! I had this AP exam and that alone was enough to push

me over the edge, and I run the whole comm tech program (Sanya here- honestly, Savannah is

insanely talented) as you know which takes so much time. For both Sanya and Savannah, we had

so many days out of class that finding time was very hard.
 I (Sanya) keep thinking of Lancaster as a small town (you can take the girl out of the city

but not the city out of the girl). Hence, sometimes I forget that Lancaster is technically a city

with a fairly diversified economy. It’s easy to think we’re just farmland and Kellogs, especially if

you trust your nose, but that is decidedly not the case. I (Savannah) have only ever lived in

Lancaster County, and sometimes I don’t take into account how much history and special things

we hold, like the nation's oldest running farmers market, and one of the oldest theaters and things

that bring people to Pennsylvania.

Savannah created the monopoly board, Sanya worked on the “Subsidies” and “Movers

and Shakers” cards, and we both did this paper (with personal notes throughout).

Thank you for listening to our ted talk <3

Educators Making the Transition to Teaching the Fed’s Ample-Reserves Framework.”

The Fed - Closing the Monetary Policy Curriculum Gap: A Primer for Educators Making

the Transition to Teaching the Fed’s Ample-Reserves Framework,

[Link]/econres/notes/feds-notes/closing-the-monetary-policy-curriculu

[Link]#:~:text=Today%2C%20the%20Fed%20implements%20monetary,

different%20from%20the%20previous%20one. Accessed 16 May 2024.

Ihrig, Jane, et al. “Implementing Monetary Policy in an ‘Ample-Reserves’ Regime: When in

Crisis (Note 3 of 3).” The Fed - Implementing Monetary Policy in an “Ample-Reserves”

Regime: When in Crisis (Note 3 of 3), 10 Feb. 2020,

[Link]/econres/notes/feds-notes/implementing-monetary-policy-in-an-a

[Link]. Accessed 16 May

2024.

Lowd, Tracy. Macroeconomics. Perfection Learning, 2021.