EDEL453 Spring2013 CaitlinANDREWS Unit 4 Economics Day8

7/30/2019 EDEL453 Spring2013 CaitlinANDREWS Unit 4 Economics Day8

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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 1

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 forreferences.

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-quiztrade cards Unit assessment (Ch. 9 and 10- attached) Pencils

D. Objectives:o NV State Social Studies Standards

See all previous standardso 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 worksheeto Students should use their textbooks and notes from their journals to help

3. Play quiz-quiz-trade as a whole groupo Each student gets a quiz cardo Find a partner, quiz each other on information on cards


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o Trade cards and find a new partner4. Teacher will monitor game and answer an questions students might have5. 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 completethe 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 withstudents 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 theconcepts 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?


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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. Money-b. Budget-c. Bank-

2. What is a reason why people earn money?

3. A can help people decide how much money they can spendand how much they need to save.

a. Budgetb. Opportunity costc. Scarcity

4. Why do producers and consumers depend on each other?

5. Write a description of each:a. Producer-b. Assembly line-c. Trading partners-

6. Name three kinds of resources that producers use and how.


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Cut and laminate the following for quiz-quiz-trade.

What could

happen if

people make abudget and

dont follow it?

They might not

have enough

money

The thing that

people give up

in order to dowhat they want

most.

Opportunity

Cost

Someone who

buys the good

or services soldby producers.

Consumer

A building

where workers

make goods

Factory

All of the

people and

companies thatsell similar

goods or

services

Industry

Why would it

be better to

save money I a

bank rather

than a wallet?

You earn

interest saving

in a bank

The effort that

a seller makes

to win buyers

Competition

The amount

that consumers

are willing to

buy for a

certain price

Demand

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

The amount of

money

received in

exchange for

work or goods

Income

A shortage of

something

Scarcity

The amount

that producers

will make for a

certain price

Supply

A place or

region where

goods may be

bought or sold

Market

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

To buy goods

or services from

other countries

Import

Name 2 wayspeople can

earn money

By working and

saving money

in a bank

Someone whomakes and sells

goods

Producer

The thingsmade by

people that

help workers

make products

or provide

services

Capital

Resources

To send goodsor services to

other countries

for trade or sale

Export


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EDEL453 Spring2013 CaitlinANDREWS Unit 4 Economics Day8

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