Group+Mini+Lecture

Members: Amanda Shaffer, David Myers, Kristen Weaver, Monica Naylor Lesson Topic: Basic operation of the banking system Subject Area: Economics Grade Level: 4 Time: 2-3 days **1. Pennsylvania Standards: ** 6.5.4.G: Compare different ways people save. 6.5.4.H: Examine the basic operation of the banking system **2. NCSS Standards ** Production, distribution and consumption **3. Learning Objective ** After this unit, students will understand the basic operation of the banking system in the United States and be able to compare the way people save money and explain these differences. This unit will also provide the necessary scaffolding for future studies in economics and therefore make those studies more meaningful, relevant and enjoyable. **4. Engagement ** This great School House Rock Video will intrigue the students to learn about money. The video is short and catchy and explains what we spend money on, why money is important, and how children can help save a little money. After watching this movie, as a class the students can discuss what they have learned and contribute other ideas that they have about different ways to save money. []. **5. Instruction ** [] Students will use this game to show multiple aspects of saving including saving and investing money, and inflation. It is an interactive board game but there are many learning opportunities throughout it that explain the banking system. [] This website allows the students to learn about money, investing and banking in terms that they can understand. It also has mini games and quizzes that the students can play and take to test their knowledge and see if they are learning. [] The students can use this website to learn about depositing money and savings accounts. They can also learn about ATM machines and how to keep track of the transactions that are completed on them. There are also crosswords, jigsaws and coloring pages that the students can do for fun. [] This game teaches students about saving money and budgeting money so that they can save up to buy something that they choose. **6. Assessment ** Students will take this quiz after the lesson to assess what they have learned and remember from this lesson. Students will also use his interactive website to assess their comprehension. []