Plan
| Week 1 |
Day 1
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Day 2
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Day 3
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|---|---|---|---|
| Activities |
Introduction to Economics - Students begin by participating in an interactive storytelling session where they learn about basic economic concepts such as goods, services, and currency. Through a story, they identify characters who make economic choices and discuss the consequences. (20 min)
Role-Playing: Goods and Services - Students role-play as different community workers providing goods and services. They discuss what each role contributes to the community and how they earn money. (25 min)
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Understanding Currency - Students explore real and play money, learning to identify different coins and bills. They practice counting and exchanging currency in pairs. (20 min)
Trade-Offs and Choices - Through a classroom game, students make choices about spending their play money on various items, discussing the trade-offs and evaluating the benefits and costs of their decisions. (25 min)
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Bankers and Builders Workshop - Local bank representatives visit the classroom to guide students in role-playing activities where they simulate opening a bank account, applying for a loan, and constructing a simple business plan. (30 min)
Reflection and Journaling - Students begin their 'Money Diary' by writing about their experiences in the workshop and their thoughts on money and economic choices. This will help them reflect on their learning journey. (15 min)
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| Deliverables |
1. Students will role-play as bankers and entrepreneurs, completing simulated activities such as opening a bank account and applying for a loan.
2. Students will participate in storytelling and a role-playing game, demonstrating their understanding of economic concepts. 3. Each student will start a 'Money Diary' with at least one entry reflecting on their learning and experiences from the week. |
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| Preparation |
1. Arrange for local bank representatives to visit the classroom for the workshop.
2. Prepare role-playing scripts and materials for the 'Bankers and Builders' workshop. 3. Select an engaging economic storybook or video for the storytelling session. 4. Gather props for role-playing games, such as fake money and small items for buying/selling. 5. Create templates for the 'Money Diary' and reflection prompts for students. |
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| Week 2 |
Day 4
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Day 5
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Day 6
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|---|---|---|---|
| Activities |
Exploring Goods and Services - Students engage in a matching game where they pair different goods and services with the people who provide them. This helps them understand the production and consumption of resources. (20 min)
Creative Role-Playing: Community Jobs - Students role-play various community jobs, discussing the trade-offs involved in choosing one job over another. They explore how these roles contribute to the economy. (25 min)
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Currency and Cost Workshop - Students use play money to practice pricing items and making purchases in a classroom 'store'. They discuss the concept of costs and how it affects their spending choices. (20 min)
Trade-Off Scenarios - In groups, students are given scenarios where they must decide how to spend their money on goods and services. They list the benefits and costs of each choice and share their decision-making process. (25 min)
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Mid-Project Feedback Session - Students present their progress to community partners and family members in a classroom visit, receiving feedback on their economic choices and business ideas. (30 min)
Reflection and Money Diary Entry - Students write in their 'Money Diary' about what they learned from the feedback session, considering how it might influence their future economic decisions. (15 min)
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| Deliverables |
1. Students will complete a draft of their Mini Market Day business plan, including key details about production costs, pricing, and customer service strategies.
2. Create a 'Money Diary' entry reflecting on their role-playing experience and insights gained from the feedback session. 3. Prepare a brief presentation for the feedback session, showcasing their understanding of economic choices and trade-offs. |
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| Preparation |
1. Prepare storytelling materials, including a story about a lemonade stand with illustrations to engage students.
2. Gather role-playing materials, such as costumes and props, to represent different professions. 3. Coordinate with community partners and family members for the mid-project feedback session, ensuring they understand their role in providing diverse perspectives. 4. Set up feedback forms for students to use during the session, focusing on self-reflection and improvement. |
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| Week 3 |
Day 7
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Day 8
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Day 9
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|---|---|---|---|
| Activities |
Community Bank Workshop - Students participate in an interactive session with a local bank representative, learning about saving, spending, and the basics of managing money through fun activities like setting up a simple budget. (25 min)
Money Diary Reflection - Students add to their 'Money Diary', reflecting on what they learned in the Community Bank Workshop and how they might use this knowledge in their own lives. They share their reflections in small groups. (20 min)
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Mini Market Day Planning - Students work in groups to plan their businesses for the upcoming Mini Market Day. They decide on products, set pricing, and develop strategies for attracting customers. (30 min)
Peer Feedback Session - Students present their Mini Market Day plans to peers for feedback. Peers provide constructive suggestions on pricing, customer engagement, and product ideas. (15 min)
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Production and Packaging Simulation - Students practice baking and packaging homemade treats as a rehearsal for Mini Market Day. They discuss production costs and efficient ways to package their products. (25 min)
Cost Analysis Discussion - In small groups, students analyze the costs of their products, considering materials and time. They discuss how these costs impact pricing and profitability. (20 min)
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| Deliverables |
1. Completed 'Classroom Market' business plans with feedback received from community partners and family members.
2. Homemade treats baked and packaged, ready for the 'Mini Market Day'. 3. Updated 'Money Diary' entries reflecting students' thoughts and feelings about project activities. 4. Role-playing and storytelling worksheets completed, demonstrating understanding of economic concepts. 5. Participation in the bank workshop, showcasing learning about saving, spending, and money management. |
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| Preparation |
1. Organize the mid-project feedback session and invite community partners and family members to participate.
2. Coordinate with a local bank for the workshop, ensuring interactive materials and activities are ready. 3. Gather ingredients and packaging materials for the homemade treats, ensuring all students have access to necessary supplies. 4. Set up a safe and functional area for baking activities, considering allergen-free options as necessary. 5. Prepare reflection prompts and a quiet space for students to update their 'Money Diary'. 6. Create and distribute storytelling and role-playing materials focused on economic concepts. |
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| Week 4 |
Day 10
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Day 11
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Day 12
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|---|---|---|---|
| Activities |
Final Business Plan Presentation - Students present their completed business plans for Mini Market Day, highlighting their products, pricing strategies, and customer engagement approaches. They receive final feedback from peers and teachers. (20 min)
Pricing Strategy Review - In groups, students review their pricing strategies based on feedback and finalize their prices for Mini Market Day. They discuss how these prices align with production costs and potential profit. (25 min)
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Market Day Setup Simulation - Students practice setting up their booths and arranging products for Mini Market Day. They focus on creating an inviting display to attract customers. (25 min)
Role-Playing Customer Service - Students role-play interactions with customers, practicing greetings, answering questions about products, and handling transactions efficiently. (20 min)
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Mini Market Day Event - Students host the Mini Market Day, inviting family and friends to participate. They showcase their products, engage in selling and customer service, and apply economic concepts learned throughout the project. (30 min)
Reflection and Celebration - Students reflect on their experiences from Mini Market Day in their 'Money Diary', discussing what they learned about economics and personal growth. They celebrate their achievements with peers and community partners. (15 min)
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| Deliverables |
1. Students will complete the production and packaging of their homemade treats, ready for sale at the 'Mini Market Day'.
2. Each student will present their business plan, including production costs, pricing strategy, and marketing approach. 3. Students will operate their market stalls during the 'Mini Market Day', demonstrating customer service and transaction skills. 4. Completion of the 'Money Diary', where students reflect on their learning experiences throughout the project. 5. Receive and review feedback from peers, family, and community partners to identify strengths and areas for improvement in their economic understanding and business execution. 6. Participate in a class reflection session to discuss insights gained from the project and how they relate to real-world economic choices and personal growth. |
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| Preparation |
1. Arrange the classroom for the 'Mini Market Day' event, ensuring spaces for each student's market stall.
2. Gather baking supplies and packaging materials for the homemade treats. 3. Coordinate with community partners and family members to attend and provide feedback during the event. 4. Prepare 'Money Diary' reflection prompts to guide students in their self-reflection. 5. Set up a feedback station where students can receive comments from peers, family, and community partners on their business plans and performances. 6. Ensure all necessary safety measures are in place for handling food and interacting with family and community members. |
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