It's possible that some of these lessons could be taught the traditional way, out of a textbook, but hands-on exercises can be more engaging for students and may leave a more lasting impression. Last year, one Ottawa fifth-grade class attended Exchange City as part of a pilot program. Lessons in economics and finance help children learn to be more aware of the world around them and the answer to a parent's wildest dream more appreciative of how hard money is to come by. Students not only apply lessons from their entire curriculum, but also improve problem-solving skills. Good problem-solving skills are an imperative life skill.
Children learn by doing, and that's exactly what the Exchange City field trip provides.
The real-life scenario is a smart investment for schools and kids.