TOPIC: Money
GRADE TARGET: Third
GOALS: Students will be able to
-
define money
and identify the various denominations of coins.
-
describe
the manufacturing process of coins and paper money.
-
explain the
symbols and personae on United States currency.
-
describe
the various functions of a bank and the services they provide.
-
compute math
word problems involving money.
-
explain how
jobs and business affect the US economy.
The goals
are linked to the Illinois Learning Standards
This unit
was designed to be used by students working together in a cooperative group
setting. The activities can be done at the computer in groups of two students.
After the computer activities, a whole-class discussion could be initiated
to discuss the findings of the various groups. A follow-up activity could
be to take the class to a field trip to a local bank.
Related
Books and Materials:
-
A Money Adventure by Neale S. Godfrey
-
Why Money Was Invented by Neale S. Godfrey
-
Money, Money, Money by Ruth Belov Gross
-
Arthur's Funny Money by Lillian Hoban
-
The Go-Around Dollar by Barbara Johnston
-
Four Dollars and Fifty Cents by Eric A. Kimmel
-
Make Four Million Dollars by Next Thursday by Stephen Manes
-
Stacey and the Mystery Money by Ann Martin
-
Lemonade for Sale by Stuart J. Murphy
-
If You Made a Million by David M. Schwartz
-
The Cobbler's Song by Marcia Sewall
-
Smart from the book Where the Sidewalk Ends by Shel Silverstein
-
Max' Money by Teddy Slater
-
Alexander Who Used to be Rich Last Sunday by Judith Viorst
-
A New Coat for Anna by Harriet Ziefert
-
The Money Story - A multimedia guide teacher guide produced by the US Mint
and Bureau of Engraving and Printing
Lesson
1 Everyone wants it...
objectives-
students will be able to orally state the definition of money.
Lesson 2
The History of Money
objectives-
students will be able to draw and label a timeline of the history of money
using at least ten dates with 100% accuracy.
students will be able to state the definition of barter and various other
forms of exchange used for money throughout history.
students will be able to state the reasons the United States government
began to issue money and the changes that took place over the years.
Lesson 3
The Buck Stops Here
objectives-
students will be able to state orally where all bills in the U.S. are manufactured.
students will be able to state the differences in production of bills over
time.
students will be able to mark the answers on a short on-line quiz with
80% accuracy.
Lesson 4
Faces and Places
objectives-
students will be able to identify the people on the one, five,ten, twenty,
fifty and one hundred dollar bill and their historical significance with
80% accuracy when shown bills of the various denominations.
students will be able to state orally what the definition of counterfeiting
is and what measures the U.S. government takes to prevent its occurrence
and consequences of such actions.
students will be able to design and draw their own dollar bill and state
orally the importance and reasons for their particular design and the symbols
they chose.
Lesson 5
Pocket Change
objectives-
students will be able to state orally where and how coins in the United
States are produced.
students will be able to identify the value of all given coins when shown,
with 100% accuracy.
students will be able to calculate the amount of coins when given a written
test of various denominations of coins.
students will be able to solve word problems involving money with 85% accuracy.
students will be able to design and draw their own coin on-line.
students will be able to tell what the significance of the new quarters
are.
Lesson 6
Earning Money
objectives-
students will be able to state the reasons people work and the factors
that influence business.
students will be able to make a computer-generated spreadsheet and chart
using information they obtained from playing the Lemonade Stand on-line.
students will be able to state orally the services the government provides
with the income derived from taxes.
students will be able to orally define taxes and social security.
Lesson 7
Saving for a Rainy Day
objectives-
students will be able to tell what the functions of a bank are, including
interest, loans and checking account.
students will be able to state orally the purpose and benefits of and give
examples of the reasons for saving money.
Lesson 8
Currency from Other Countries
objectives-
students will be able to compare what other countries use for money and
be able to state orally what at least two other countries use for currency.
students will be able to solve a word problem involving currency from a
foreign country.
Lesson 9
Assessment
objectives-
students will be able to correctly mark the answers to an on-line quiz
with 80% accuracy.
students will be able to state orally at least seven new things they learned
about money and share it with their classmates.
Additional on-line lessons
and activities.
Cash
register game. Students can practice money skills.
Games.
Students play a variety of money-related games.
Math
Money Word Problems. Practice in solving money-related word problems.