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Title of Unit: Making Economic Choices Title of Lesson: Lesson 8: Unit Review and Assessment Submitted By: Caitlin

Andrews

A. Summary of the Lesson Plan: This is the final day in a unit about economics and money. Students will review what they have learned throughout the unit and take a formal assessment. Students will use the Houghton Mifflin 3rd grade social studies textbook: communities, pages 266-303 for references. B. Target Population: Grade Level: 3rd grade Skill Level: at grade level Grouping: Whole group quiz-quiz-trade, partner review, individual assessment C. Materials: Houghton Mifflin 3rd grade social studies textbook: communities, pages 266-303 Social studies journals Completed KWL chart Review worksheet (attached) Quiz-quiz trade cards Unit assessment (Ch. 9 and 10- attached) Pencils D. Objectives: o NV State Social Studies Standards o See all previous standards

Student-Friendly Standards See all previous standards I will demonstrate understanding of economics and money content through mastery of a unit assessment.

E. Procedure: 1. Briefly review the completed K-W-L chart that was completed as a class throughout the unit. Have a discussion about the content. 2. Allow students to work in pairs or individually to complete the unit review worksheet o Students should use their textbooks and notes from their journals to help

3. Play quiz-quiz-trade as a whole group o o


Nevada State College

Each student gets a quiz card Find a partner, quiz each other on information on cards
EDEL 453 - Spring 2013 Karen Powell- Instructor page 1

Title of Unit: Making Economic Choices Title of Lesson: Lesson 8: Unit Review and Assessment Submitted By: Caitlin Andrews

Trade cards and find a new partner

4. Teacher will monitor game and answer an questions students might have 5. CLOSURE: Students will take the unit assessments (attached) independently to demonstrate mastery of content F. Assessment: What will you use to measure student understanding? I will use informal assessment through discussions and the review worksheet along with a formal assessment of a unit exam to measure student understanding. Explain how you will know students understand the concepts from the lesson. I will know students understand these concepts from the unit when they can complete the unit assessment with 80% accuracy. G. Reflection: 1. Which part of the lesson do you think will be the easiest for you to teach? I think the whole lesson will be easiest to teach. This is a review lesson in which students are already familiar with the content. 2. Which part will be most challenging for you to teach? I think the most challenging part of the lesson is going to be connecting with students who still dont understand the concepts. This is the final day and a unit assessment will be given so making sure students do well might be a little stressful. 3. How will you follow up or extend this lesson? Points of this unit will be touched on during other units and in their 4th grade year when economics and money is discussed again. 4. What will you do for students who dont grasp the concepts? I will try my best to spend some one-on-one time with students who still dont understand the concept, but by this time, they should have a good grasp on the concepts that were taught. 5. Which part of the lesson, if any, do you think might need to change? I dont think any part of this lesson needs to be changed. Of course there are many strategies that can be used to review a unit, but I think the layout of this lesson is easy and engaging for students. 6. When you were writing this lesson plan, what was the most difficult part?
Nevada State College EDEL 453 - Spring 2013 Karen Powell- Instructor page 2

Title of Unit: Making Economic Choices Title of Lesson: Lesson 8: Unit Review and Assessment Submitted By: Caitlin Andrews

There wasnt a difficult part of writing this lesson. Creating the review and quiz trade cards took the most time though.

Name:

Economics and Money Review


1.
Write a description of each: a. Moneyb. Budgetc. BankWhat is a reason why people earn money?

2.

3.

A can help people decide how much money they can spend and how much they need to save. a. Budget b. Opportunity cost c. Scarcity Why do producers and consumers depend on each other?

4.

5.

Write a description of each: a. Producerb. Assembly linec. Trading partnersName three kinds of resources that producers use and how.

6.

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

page 3

Title of Unit: Making Economic Choices Title of Lesson: Lesson 8: Unit Review and Assessment Submitted By: Caitlin Andrews

Cut and laminate the following for quiz-quiz-trade. What could The thing that Someone who happen if people give up buys the good people make a in order to do or services sold budget and what they want by producers. dont follow it? most. They might not have enough money Why would it be better to save money I a bank rather than a wallet? You earn interest saving in a bank The amount of money received in exchange for work or goods Income Opportunity Cost The effort that a seller makes to win buyers Consumer The amount that consumers are willing to buy for a certain price Demand

A building where workers make goods

All of the people and companies that sell similar goods or services Industry

Factory A team of workers who make a product by each doing one step Assembly line Why do countries import and export goods? To get things people demand and sell things

Competition

A shortage of something

The amount that producers will make for a certain price Supply

A place or region where goods may be bought or sold Market

Scarcity

A plan for how to use money Budget

What is one way stores compete for buyers? Lower their prices

The skills, knowledge and hard work that people bring to their jobs Human Resources The things made by people that help workers make products or provide services Capital Resources

To buy goods or services from other countries Import

Name 2 ways people can earn money By working and saving money in a bank

Someone who makes and sells goods Producer

To send goods or services to other countries for trade or sale Export

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

page 4

Title of Unit: Making Economic Choices Title of Lesson: Lesson 8: Unit Review and Assessment Submitted By: Caitlin Andrews

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

page 5

Title of Unit: Making Economic Choices Title of Lesson: Lesson 8: Unit Review and Assessment Submitted By: Caitlin Andrews

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

page 6

Title of Unit: Making Economic Choices Title of Lesson: Lesson 8: Unit Review and Assessment Submitted By: Caitlin Andrews

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

page 7

Title of Unit: Making Economic Choices Title of Lesson: Lesson 8: Unit Review and Assessment Submitted By: Caitlin Andrews

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

page 8