Title of Unit: Making Economic Choices Title of Lesson: Day 1- Intro to Economics Submitted By: Caitlin Andrews

A. Summary of the Lesson Plan: This is the 1st lesson in a unit about economics and money. Students will be introduced to the unit during this lesson through a childrens picture book and their prior knowledge. Alexander, Who Used to Be Rich Last Sunday by Judith Viorst will be used for whole group reading. B. Target Population: Grade Level: 3rd grade Skill Level: at grade level Grouping: whole group reading, K-W-L chart, independent activity C. Materials: Alexander, Who Used to Be Rich Last Sunday, by Judith Viorst K-W-L chart on butcher paper Blank white paper Crayons/ colored pencils Post-it notes Sample examples of coins and paper money D. Objectives: o NV State Social Studies Standards o E.10.3.1: Identify forms of money used by people across time and place

Student-Friendly Standards I will be able to identify different forms of money and how people use it for various things

E. Procedure: 1. Gather students on carpet area 2. Explain to students that we will beginning a unit on the economy and money 3. Read Alexander, Who Used to Be Rich Last Summer 4. Have a discussion about the book. Ask students what they thought about Alexanders habits o Who gets all allowance at home? What do you have to do to earn the money?

5. Show students a blank K-W-L chart 6. Send students back to their seats with a few blank post-it notes each 7. Allow students to table talk about what they know about economics and money
Nevada State College EDEL 453 - Spring 2013 Karen Powell- Instructor page 1

Title of Unit: Making Economic Choices Title of Lesson: Day 1- Intro to Economics Submitted By: Caitlin Andrews

8. Students will write 2 things they already know about economics and money on the post it notes. Also 2 things they want to know. 9. Students will place post-it notes on the K-W-L chart in the proper columns 10. As a whole group, discuss the post-it notes students put on the chart 11. Correct any misconceptions students might have through a whole group discussion 12. Students will create their own economy books o o o o Use blank white paper to create books Review coins and paper money as a whole group Draw pictures of different denominations of money in books Include various pictures of items students wish to purchase using their money Include how much money they think items might cost

13. Students will continue adding to their books throughout the unit with vocabulary and other illustrations 14. CLOSURE: Students will share their books with their table teams and then select a few students to share whole group F. Assessment: What will you use to measure student understanding? I will use group discussions, the K-W-L chart and the beginning of the money books to measure student understanding through informal assessment. Explain how you will know students understand the concepts from the lesson. I will know students understand the content when they can accurately describe money, the different denominations and give some examples of how money is used. G. Reflection: 1. Which part of the lesson do you think will be the easiest for you to teach? I think this will be an overall lesson to teach because this is the beginning of the unit. Reading to students is always fun, and I think they will really like the book. 2. Which part will be most challenging for you to teach? This should be a review lesson from 2nd grade about money. There shouldnt really be a difficult part of this lesson to teach.
Nevada State College EDEL 453 - Spring 2013 Karen Powell- Instructor page 2

Title of Unit: Making Economic Choices Title of Lesson: Day 1- Intro to Economics Submitted By: Caitlin Andrews

3. How will you follow up or extend this lesson? This lesson will continually be extended upon throughout the entire unit. Students will continue to learn about money and how its used in different ways. 4. What will you do for students who dont grasp the concepts? I plan to pull small groups throughout the unit to work with the students who dont seem to grasp the lesson. 5. Which part of the lesson, if any, do you think might need to change? There are many ways this lesson can be adapted for different age groups or classes. There are many other picture books that can be used to engage students in a lesson about money. Students might need more time to work on their books, this can be done throughout the day when students are done completing other class work. 6. When you were writing this lesson plan, what was the most difficult part? I think the most difficult part of this lesson was finding standards that match the activity I wanted students to do. I think this is a common struggle I had with this entire unit plan. The standards didnt always match.

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

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