Unit Plan: People Saving Money

Lesson Plan for Tuesday

Grade: 2
nd

Social Studies Strand: economics
Submitted By: Christi Schlack


EDEL 453: Teaching Elementary School Social Science
Nevada State College Spring 2014
Instructor: Karen Powell
Lesson Plan for Tuesday Strand: economics submitted by: Christi Schlack

Nevada State College EDEL 453 - Spring 2014 Karen Powell- Instructor page 2
B. Summary of the Lesson Plan:
This is a 2
nd
grade lesson designed to teach students about earning money and using that
money for trade or purchase of goods and services. This lesson uses Strategy 22 in the
Integrating Language Arts and Sciences book on pg. 157 and the Houghton Mifflin Social
Studies book Neighborhoods pg. 180-183.
C. Basic Information:
Grade Level: 2
nd
grade
Time to Complete this Lesson: 50 minutes
Groupings: whole group popcorn read; small group discussion with activity; individual
ticket out the door
D. Materials:
Houghton Mifflin textbook Neighborhoods pg. 180-183
Ticket out the door
E. Objectives:
o NV State Social Studies Standards
E9.2.4 Discuss why people work.
o Student-Friendly Standards
I can list reasons why people work and what they do with the money they
earn.
F. Vocabulary
Price- The amount of money you pay to buy something.
Bank-place where people keep their money.
Savings account- service provided by a bank. Banks keeps the money until the owner
of the account needs to use it.
Purchase-trade money for goods or services.
G. Procedure:
1. Whole class discussion of reviewing their predictions from Monday of what they think
the reading is going to be about on pg. 180-183
2. Class popcorn reads pages 180-183 in the Houghton Mifflin Social Studies book
Neighborhoods
3. After reading, students look back on their predictions and decide whether they were
close or if their prediction was totally off topic.
Lesson Plan for Tuesday Strand: economics submitted by: Christi Schlack

Nevada State College EDEL 453 - Spring 2014 Karen Powell- Instructor page 3
4. Using real money, students split up into small groups to experience, hands on, what
money feels and looks like. (Strategy 22: Currency as a primary source)
5. Once students have become comfortable with the money, with their group, they will
come up with ways money is earned as well as trading money for goods.
6. Groups share with the class what they discussed about earning money and trading it.
H. Assessment:
What will you use to measure student understanding?
Ticket out the door about a specific way students can earn money. Answer to the
question about purchasing or trading their money earned.
Explain how you will know students understand the concepts from the lesson.
Students must identify ways they can earn money. They must also be able to list items
that they would like to trade or purchase with their money earned.
I. Closure:
Ticket out the door: Name one way you can earn money? With the money you
earned, what kinds of goods and services would you trade it for, or purchase?
J. Reflection:
1. Which part of the lesson do you think will be the easiest for you to teach?
The part of the lesson easiest to teach will be the popcorn reading as well as
discussion of predictions from Monday.
2. Which part will be most challenging for you to teach?
Most challenging is going to be having the students think of ways to earn money
due to their age.
3. How will you follow up or extend this lesson?
Follow up lesson will be extension on banks and saving. We will discuss how you are
limited on what you can save depending on what you earn.
4. What can you do for students who dont grasp the concepts?
Students who do not grasp the concept will get extra, one on one, time with
teacher and possible pair up with a peer during group discussions or activities.
5. Which part of the lesson, if any, do you think might need to change?
I might need to change the part about small group listing ways to earn money. I
think that depending on the childs socioeconomic status, this can be very hard for
some to answer.
6. When you were writing this lesson plan, what was the most difficult part?
Lesson Plan for Tuesday Strand: economics submitted by: Christi Schlack

Nevada State College EDEL 453 - Spring 2014 Karen Powell- Instructor page 4

The most difficult part was finding a standard to go along with this lesson.