Title of Unit: Money, Money, Money Title of Lesson: Supply and Demand Submitted By: Gina Bogden

A. Summary of the Lesson Plan: This social studies lesson is designed for 3rd grade students to learn about what supply and demand is as well as what consumers and producers do. This lesson uses the 3rd Grade Houghton Mifflin Social Studies textbook Communities (pages 286-289). B. Target Population: Grade Level: 3rd Grade Skill Level: All Learning Levels Grouping: Whole group discussion: Introduction, Partner discussion for activity, Individual for Assessment C. Materials: Houghton Mifflin 3rd Grade Social Studies Book: Communities (pg. 286-289) Paper Pencil White board for KWL chart D. Objectives: o NV State Social Studies Standards o E9.3.1 Identify needs as high priority wants, and wants as goods, services, or leisure activities. E9.3.3 Give examples of prices set by businesses for selling goods and services.

Student-Friendly Standards I can identify what wants and needs are. I can give examples of how businesses price their goods.

E. Procedure: 1. Introduce the topic: I will introduce the topic by telling students that they are going to learn about supply and demand. Next I will have students think about when they go to the store with their parents and what they buy. We will review the Build on What You Know part on page 286 of the book Questions: Nevada State College

Do you know who makes the items you buy?

Karen Powell- Instructor page 1

EDEL 453 - Spring 2013

Title of Unit: Money, Money, Money Title of Lesson: Supply and Demand Submitted By: Gina Bogden

Do you know the price?

As a class we will fill out a KWL chart on the white board of supply and demands. Students will take turns telling me what they know or think that they know about supply and demands. Then I will have students pair up and together they will come up with two things that they want to know about supply and demands. We will come together as a whole group and discuss what students have come up with. I will then record 5 common things that students want to learn about. At the end of the lesson students will see if their question is answered.

2. As a class we will go over the four vocabulary words and the definition to the words: producer, consumer, supply, and demand. During the lesson students will fill out the definition to these words so they have as reference later on. 3. We will then begin reading the book pages 286-289. I will stop and ask questions and have students reply: (at the end of paragraph 1 on page 286) How are farmers producers? (at the end of paragraph 1 on page 287) Are you or your parents consumers? Why? (at the end of the paragraph on page 289) Why do you think that people pay buy less if the price is higher? Why do you think people buy more if the price is lower? (discuss the picture on page 289) How did the girl think about the demand when she was deciding the prices of the water? 4. Individually students will do the lesson review (questions 1,3,4,and 5) 5. CLOSURE: As a whole group we will go back to the KWL chart that we made. We will review the questions that the students had at the beginning of the lesson and then students will tell what they learned during the lesson and it will be recorded on the KWL chart. F. Assessment: What will you use to measure student understanding? In groups of 3-4 students will make a T-chart of what consumers do and what producers do. Explain how you will know students understand the concepts from the lesson. I will know that students understand the concepts from the lesson from their T-charts. If students are able to give examples of what consumers do and what producers do I will know that they understood the concepts. I will also see if students used the words
Nevada State College EDEL 453 - Spring 2013 Karen Powell- Instructor page 2

Title of Unit: Money, Money, Money Title of Lesson: Supply and Demand Submitted By: Gina Bogden

supply and demand in their chart to see if they know what the word means and can use it in the correct context. G. Reflection: 1. Which part of the lesson do you think will be the easiest for you to teach? I think teaching students what producers and consumers do will be the easiest to teach. 2. Which part will be most challenging for you to teach? I think having students understand how producers price things will be the most challenging thing to teach. 3. How will you follow up or extend this lesson? The next day of the lesson students will review supply and demand by having one group be the producers and one group be the consumer. We will review the short story on page 290-291 of the book. 4. What will you do for students who dont grasp the concepts? Students who do not grasp the concept will be paired up with someone and the student they are paired up with can give explanations in terms that the other might understand. I will also review material with students that do not understand. 5. Which part of the lesson, if any, do you think might need to change? I do not think any part of the lesson needs to change. 6. When you were writing this lesson plan, what was the most difficult part? When writing the lesson plan the most difficult part was finding an assessment that matched my standards.

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

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Title of Unit: Money, Money, Money Title of Lesson: Supply and Demand Submitted By: Gina Bogden

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

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Title of Unit: Money, Money, Money Title of Lesson: Supply and Demand Submitted By: Gina Bogden

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

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Title of Unit: Money, Money, Money Title of Lesson: Supply and Demand Submitted By: Gina Bogden

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

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Title of Unit: Money, Money, Money Title of Lesson: Supply and Demand Submitted By: Gina Bogden

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

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