6-8

Theme 1: The Economic Way of Thinking Lessons 1 to 3 Resources Are Scarce Making Decisions The Economic Way of Thinking CCSS Correlation: Solve real-life mathematical problems Use random sampling to draw inferences a population.
 * Theme One: The Economic Way of Thinking**

Essential Understanding Vocabulary Wants vs. Needs (strategy) Supply and Demand List of Type of Resources Opportunity costs

Curriculum Integration Math- Income and bills Civics- Economics- Opportunity Costs, job search Language Arts- Persuasive Writing/ for money, materials and field trips, job search Science- Natural Resources, climate change, population Arts- Purchasing materials, recycling


 * References**

Civics Book Websites- Kidscope Language Arts- Persuasive Lessons, research Catalogs- comparison shopping Coupons, supplements, newspaper ads List of Local businesses Local bank- class visit and/tour Videos Purchasing Field Trip Role playing Monopoly Checks Play money


 * Modifications**

Word Wall Calculators Multiplication charts Key word/phrase- word problem Simplified wording Enlarged Print

Pretest-

Vocabulary matching Value of coins Counting Counting back change

Post test

Oral assessment- counting back change, purchasing items Purchasing field trip Steps in making purchasing decision Have enough- purchase, tax, coupon, Making change Vocabulary Know the difference of Want and Need

Theme 2: Earning Income
 * CCSS Correlation**

CCSS.7W 3-0. Writing

CCSS.7NS. Apply and extend previous understanding of operations with rational numbers. Math

CCSS.8F4. Use functions to model relationships between quantities.


 * Essential Understanding**

The best thing to do is to plan ahead and invest in going to school, get a broad background, be well-rounded. The longer one stays in school, and the more experience one gains, the better the fuure.


 * Cirriculum Integration**

Writing/Language Arts - What's your plan of action?

Social Studies / History - A Timeline for Improvement.


 * Resources**

http://fffl.councilforeconed.org/6-8/lesson4,5,6 Field trip a to factories, businesses Job shadowing Interviewing people with different careers


 * Modification for ELL, SPED, etc**.

On-the-job training Interpreter/translator careers


 * Extension**


 * Pre and Post Assessments**

Lessons 4,5,6 assessments Persuasive essay Career chic essay Career Search Interviews with working people

Theme 3: Money Management
 * CCSS Correlation**


 * Essential Understanding**


 * Cirriculum Integration**


 * Modification for ELL, SPED, etc**.


 * Extension**


 * Pre and Post Assessments**

Theme Four: SAVING CCSS Correlation: Common core MathematicsCommon core Language Arts

Essential Understanding It is important to set short, medium and long term goals for saving. At a financial institution consumers can cash a check, deposit money, apply for a loan, purchase a certificate of deposit and get investment advice. Where you save your money (savings account, money market, CD’s, US Savings Bonds) has advantages and disadvantages in relation to interest and safety. Three things affect how hard your money can work for you: the amount you save, the rate of interest, the length of time you leave money in your account. Investing in the stock market is risky but carries the possibility of earning a large return.

Curriculum Integration Math – Problem Solving, Ratios, Percents Language Arts – Vocabulary, Role Playing, Reading Current Events Family and Consumer Science – Money Management and Life Skills

References Katrina’s Classroom- Atlanta Federal Reserve Scholastic Magazine – CHOICES – Current Events Articles

Modifications for ELL,SPED,etc, Word Banks, Bilingual Dictionary, Collaborative Learning Groups,Word Searches, Assistive Technology Devices Extension Field trip to a Savings and Loan Institution Goal Setting Activity Guest speaker Pre and Post Assessment Lesson 10 page 75 Lesson 11 page 81 Lesson 12 Part 1 page 91 Lesson 12 Part 2 page 92 Lesson 13 page 102

Theme 5: Spending & Credit
 * CCSS Correlation:**
 * 7RI: 1.,2.,3.,4**
 * 7SL: 4**
 * 7NS:3.,7.**
 * 7EE:3.**
 * 7W: 3b**

What are the advantages/disadvantages of payment with cash vs. payment with credit? How do you obtain and maintain good credit? What are the seven major steps in purchase decision? How does the media influence our decisions?
 * Essential Understandings:**


 * Curriculum Integration: Teacher generated jeopardy game to monitor understanding of core vocabulary, panel discussions including group generated presentations of cash vs. credit, infusion of technology including creation of spreadsheets, and multimedia clips, visual examples of loan applications, guest speakers, sample credit reports, students will complete Mach on-line loan applications and explore bank websites, flyer comparison, website investigation of Consumer Reports, Better Buisness Bureau**


 * Modification for ELL, SPED, etc. Provide copy of notes, real life examples,concrete examples to touch and look at, cloze format for voc. activites, visuals to support instruction, Cooperative learning groups, peer tutoring, use real receipts, visit to bank, stores within the community, infusion of voice recognition software to assist in filling out loan applications**


 * Extension: Student will produce narrative pieces based on real or imaginative experiences presented (credit rating, charge card fraud) Students will work in collab. groups to define attributes of good character, role play (loan officer/applicant, students will generate Mach loan applications for student use in class, students will bringing examples from media and explain where example was obtintend**


 * Pre and Post Assessments:**
 * Terminology Quiz, Student presentations assessing understanding of 11 unit components**
 * Compare, contrast, and discriminate applications of already processed (denied/approved)**