Year 5 Market Day

30 Jul 2018

Year 5 Market Day

In Trinity news, Market Day was recently held at the Preparatory campus. It is one of the boys’ favourite days of the year, organised and run by Year 5. On the surface, it is a day when the younger boys can buy all sorts of homemade goodies, however, when you dig a little deeper, it becomes apparent that Market Day is far more than this. For the Year 5 boys, Market Day is the culminating experience of their International Baccalaureate (IB) Primary Years Programme (PYP) –  How We Organise Ourselves unit of inquiry that has focused on the central idea – ‘Understanding the power in trade, equips individuals with the ability to make informed decisions’.

Throughout the unit the boys have inquired into concepts such as power, networks, systems, consumption and ethics. Over the last few weeks, the boys have completed market research, considered supply and demand, and wrestled with the reality of cost and profit margins. When put like this, it sounds far more like the conversations I imagine many parents have on a week-to-week basis as they run their businesses.

As the other students made purchases, and amidst the great fun that took place, our Year 5 boys were engaged in far deeper thinking and reflecting, as their learning suddenly became even more real in the context of Market Day. These sorts of learning opportunities are invaluable for the boys to see and experience the real-life nature of their learning.

Here is what Year 5 student, James Borg had to say about his experiences with Market Day:

“On Market Day, the whole of Year 5 made more than $3,000.  We decided to donate the money to Kiva Microfunds,” said James. Kiva Microfunds is a 501 non-profit organisation that allows people to lend money via the Internet to low-income entrepreneurs and students in over 80 countries. Kiva’s mission is ‘to connect people through lending to alleviate poverty’.

“This connects to our unit which was ‘how we organise ourselves’, because it was ridiculously hard to set up our market stalls. The hardest part was making the items over long nights and lost lunches of just manufacturing the same item over and over. It took us around 21 hours to make all of our products. We learnt that teamwork makes dreamwork. I enjoyed the fact that we got to run our own store and sell to real people. I also enjoyed giving people free balloons,” concluded James.

By Chris Wyatt, Master of the Preparatory School