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Why are my pears from Paraguay?  How did they get here?  And why are they so expensive? 

                       A Unit In Economics

Discipline Area: Social Studies
Theme: Economics
Subject Areas Covered: Economic Decisions, Supply and Demand, Trade, and Transportation
Grade Levels: 3rd-5th
Duration: 12 Days
                                          
Rationale

Why are my pears from Paraguay?  How did they get here? And why are they so expensive?  The answer to all of these is probably best stated by the catch phrase, “It’s the economy, stupid.”  Economics is ubiquitous, yet we often don’t stop to think about the tremendous impact that it has on our lives.  Even young children are impacted daily by economics when they enjoy an orange from Florida, make birthday wish lists or have to wait to get their coveted scooter because they are all sold out.  Our challenge as teachers is to make our students aware of the role of economics in their lives and to help them to develop a logical approach to thinking about this complex field.

According to our text, economics is the study of approaches used in making decisions in response to the universal scarcity problem.  Simply stated, our wants are infinite, while our resources are scarce.  Economic decisions rely on the interdependence of people and regions, the importance of transportation, and the function of money.  Consequently, the study of economics also involves geography, sociology and psychology. 

The New Jersey Department of Education has included economics as part of the Core Curriculum Standards for Social Studies.  While only one standard directly refers to economics, several of them indirectly relate to this field.  These standards are designed to help students gain an understanding of economic forces and the impact of humans and the environment on these forces.  These standards are as follows:

6.4    All students will acquire historical understanding of societal ideas and forces throughout the history of New Jersey, the United States, and the world.

6.6  All students will acquire historical understanding of economic forces, ideas, and institutions throughout the history of New Jersey, the United States, and the world.

6.7  All students will acquire geographical understanding by studying the world in spatial terms.

6.8  All students will acquire geographical understanding by studying human systems in geography.

6.9  All students will acquire geographical understanding by studying the environment and society.

This unit takes a very practical approach to teaching students about economics by relating each lesson to the students’ life experiences.  Economics is a very complex field, but if the students can relate to what they are learning, they are much more likely to understand it and take interest in it.  This is particularly important for third, fourth and fifth grade students who often need additional motivation.  This unit also emphasizes critical and logical thinking by forcing the students to move beyond memorizing concepts and formulas.  It challenges students to look for interrelationships between factors and induce generalizations from the economic concepts that they learn.  Critical thinking is an essential skill, not only in the field of economics, but also in many aspects of life.  By introducing these skills in early to middle elementary school years, we are preparing students for the higher level of thinking required in middle school, high school and college.

Practical economics involves concepts such as economic decision-making, supply and demand, trade, and transportation.  Therefore, these are the focus of this unit.  The goal of this unit is to help students to understand these key economic concepts and to get them to stop and think about the multitude of factors involved in the production and transportation of the products that they utilize in daily life and how these factors are related to each other.  Ultimately, this unit in economics is a lesson in understanding the world around them.

Unit Learning Targets

Knowledge Targets:

K1       The student will be able to define all of the economic concepts covered in the unit in their own words with complete accuracy.  The students will be given a quiz at the end of each lesson and a test at the end of the unit where they must write the definitions in their own words and provide two examples for each.  They must be able to define 85% of them correctly.  The students will also create a dictionary for economics and include all of these terms. (Lessons 1-5) 

K2       The student will be able to look at a scenario and identify the economic concept that it illustrates.  The teacher will provide students with case studies that describe particular economic situations that the students have learned.  They must label at least 80% of these with the correct economic terms.  (Lessons 1-5)

Reasoning Targets:

R1        The student will be able to listen to a story on NPR about problems in the movie industry and analyze the information to determine what the movie companies could have possibly done to prevent their financial troubles.  At least three ideas must be presented in their essays and they need to show logical reasoning that illustrates an understanding of supply and demand.  It must include an introduction and a conclusion and be a minimum of one page.  The spelling and grammar must be accurate, the handwriting should be neat, and it needs to have an introduction and a conclusion. (Lesson 3)

R2        The student will be able to show logical thinking about how a product gets from one place to another.  They will present any product to three different people who aren’t in their class and ask them how they think it got to its final destination.  The student will write a response to his/her findings, answering the following questions:  Were you surprised by the responses?  Do you think the people you interviewed ever think about how products got to them?  Do you agree with their opinions on how the products got to their final destination?  Why or why not?  Their report must be at least two pages; it must answer all of the questions and include the student’s reasoning for each response.  The report must include an introduction and a conclusion, the handwriting should be neat and the punctuation and grammar should be correct. (Lesson 5)

R3 The student will answer 15 questions regarding the terrain.  They must achieve 80% accuracy. (Lesson 4)

R4 The student will be able to compare and contrast the various methods of transporting goods and determine the best method in a given situation.  They will be given a list of 4 products with corresponding places where they need to get to and from and the choice of air, truck, rail or sea.  The students will fill in a chart of the factors that they need to consider in transporting the product, list the pros and cons of each, and then analyze these to make a determination of the best method of transportation.  The students must list at least 10 appropriate factors to consider for each product; at least 5 appropriate pros and cons for each and show logical reasoning in their final choice for each.  They must show that they understand the link between climate, terrain, type of good, packaging, and cost of transportation.  (Lesson 5)

Skills Targets:

S1        It is essential that the students have an understanding of the terrain of the US in order to understand our economy.  The students will demonstrate this understanding by accurately reading a topographical map of the US and correctly

S2        The students will write and present a speech to the CEO of their imaginary company to persuade them to expand their product to a new market area.  The students will each be given a product and an area.  They need to include the why they think it would be beneficial to expand to this particular market (considering climate, terrain, type of good, shipping cost, and supply and demand) and what means of transportation they would use.  The speech must be at least five minutes long and be well rehearsed.  They must use at least three visual aids.  The students must show enthusiasm, make eye contact and use hand gestures. (After Lesson 5)

Product Targets:

P1        The students will illustrate their understanding of the factors involved in import and export by working in groups of 4-5 to make a list of products that are imported and exported to/from New Jersey, the region, and the United States (10 for each category) and providing at least 10 accurate reasons as to why they put a product in a particular category.  The students will create a poster with this information and exhibit it to the class.  The poster must be neat, colorful, accurate, and clearly illustrate the reasoning behind each choice.  For this product, it is more important that the students show logical thinking than that their answers are correct. (Lesson 4)

P2        The students will work in groups of five to create a product and decide the best method of shipping it to/from a designated location.  They will present their product and shipping method to the class via a poster, diorama, or model.  They must consider and discuss all of the following factors: terrain, time, cost, packaging, is the good perishable and/or fragile? and clearly present this information to the class.  The presentation must be clear and concise and be well rehearsed.  The students must be able to logically answer all (appropriate) questions asked by the teacher and class. (Lesson 5)

Affective Targets

A1       After reading Alexander Who Used to be Rich Last Sunday, the student will write an essay expressing his/her opinion about how Alexander spent the money and how they would have spent it.  This must be at least one page and cover both topics.  There must be an introduction and a conclusion, it should be well organized, free of spelling and grammatical errors, and the handwriting should be neat. (Lesson 1)

A2       The student will express his/her feelings and show an understanding of supply and demand in an essay about an instance where he/she feels they paid too much for an item because the demand was strong.  The essay must clearly present the situation and their feelings.  It must be a minimum of one page long, contain an introduction and a conclusion, it should be well organized, free of spelling and grammatical errors, and the handwriting should be neat. (Lesson 2)

A3       The student will express his/her opinion about working in a group for the product project by writing a one-page essay.  The student must discuss how they felt about working in the group and why.  They also have to explain how they liked their final product and what they would have done differently if they had created the product on their own.  The essay must be four paragraphs long and contain an introduction and a conclusion.  It should be well organized, free of spelling and grammatical errors, and the handwriting should be neat. (Lesson 5)

A4       The student will give his/her opinion about the unit and explain how it will impact his/her life.  The student must write what they liked the most and the least about the unit and provide at least three ways that it will affect their life and provide support.  The essay must contain an introduction and a conclusion, be well organized, free of spelling and grammatical errors, and the handwriting should be neat. (Conclusion of Unit)

Content Outline

I.                    Economic Choices

A.                 Resources

B.                 Scarcity

C.                 Cost/benefit analysis

II.                 Supply and Demand

A.                 When demand exceeds supply

B.                 When supply exceeds demand

C.                 Impact of supply and demand on choices

D.                 Current examples

E.                  Application

III.               Trade

A.                 Importance

B.                 Import

C.                 Export

D.                 Goods/services

E.                  Consumers/producers

F.                  Scarcity

G.                 Surplus

H.                 Factors affecting

1.      Physical geography

2.      Cost

3.      Supply/demand

I.                    Application

IV.              Transportation of Goods

A.                 Importance

B.                 Methods

C.                 Factors affecting

1.      Speed

2.      Cost

3.      Physical geography

D.                 Packaging

1.      Type of good

a.                   How fragile is it?

b.                  How perishable is it?

2.      Cost

E.                  Logistics

F.                  Application

Lesson 1: Economic Choices
Grade Levels:            3-5

Goals: 1.  Read and discuss the book, Alexander Who Used to Be   Rich Last Sunday to help students understand that they are making economic choices every day.

2.      To illustrate to students that we have to make economic choices because the wants of people are unlimited but the resources to meet those wants are scarce.

Learning Objectives:  The students will be able to:

1.                  Explain what an economic choice is.

2.                  Identify economic choices in their lives.

3.                  Explain some of the factors involved in making economic decisions.

4.                  Define the terms economic choices, resources, scarcity, cost/benefit analysis.

5.                  Explain how choosing one thing eliminates another potential choice.

6.                  Evaluate how they feel about how Alexander spent his money. 

Purpose/Rationale:

Economic choices and scarcity are at the foundation of understanding economics.  Although the students are probably not even aware of it, they make economic choices every day.  This lesson encourages them to think about these decisions that they make and evaluate the factors involved in making these decisions.

I introduce this lesson with this children’s book because it is an amusing and realistic look at poor economic choices.  In the book, Alexander gets a dollar from his grandparents and quickly spends it on a series of bad purchases.  This book should help to spark a good discussion on this topic as I am confident that many of the students will have made poor decisions like Alexander.  Since most children’s’ choices are based on wants, I am using an activity that forces them to decide what gifts they would ask for on a special occasion.  This lesson should provide a real-world application of this important economic concept.

NJ Core Curriculum Standards:

6.5    All students will acquire historical understanding of societal ideas and forces throughout the history of New Jersey, the United States, and the world.

6.6    All students will acquire historical understanding of economic forces, ideas, and institutions throughout the history of New Jersey, the United States, and the world.

Lesson 2: Supply and Demand

Grade Levels:            3-5

Goal:   To conduct a hands-on exercise that illustrates the concept of supply and demand.

Learning Objectives:  The students will be able to:

1.      Define the terms supply and demand in their own words and provide examples.

2.      Explain what happens when demand exceeds supply.

3.      Explain what happens when supply exceeds demand.

4.      Explain how supply and demand affects choices such as production of certain products, college career choices, etc.

5.      Identify recent examples where demand exceeded supply and the results.

6.      Illustrate group work skills.

7.      Express how an experience related to supply and demand made them feel.

Purpose/Rationale:

The law of supply and demand is what drives our economy and so it is essential that our students understand this concept.  Most likely, they have all experienced supply and demand by overpaying for something.  This lesson helps to make supply and demand understandable to them by engaging them in an activity that illustrates the impact that this concept can have on our lives. 

NJ Core Curriculum Standards:

6.6    All students will acquire historical understanding of societal ideas and forces throughout the history of New Jersey, the United States, and the world.

6.10          All students will acquire historical understanding of economic forces, ideas, and institutions throughout the history of New Jersey, the United States, and the world.

Materials/Resources:

Website:  http://www.bigchalk.com
Chips
Candy
Paper
Pens/pencils

Procedures for Teaching:

Introduction:

·Begin by asking students if any of them are asking for items for Christmas, Hanukah, birthday, etc. that used to be very popular but are now outdated such a cabbage patch kids, Atari, or roller skates.  When no students respond affirmatively, ask them, why? 

·Teacher will then begin a discussion with the class on supply and demand and how years ago these same items were so popular that they could not make them fast enough to keep up with the demand.  Ask the students what they think happened to the prices when this demand was so great.

·Point to the flag and explain how you purchased that one last year for $20.00 and this year on September 30th you purchased the same one for your home but had to pay $40.00.  Tell them how you even had to wait two weeks for the store to get the flag in stock because they were all sold out.  Ask the students why they think the second flag cost so much more and why the store was sold out of the flag for two weeks.

Activities:

·Students will be given a box of tokens with at least two different colors in it and asked to select between one and five of them.

·Teacher will place a value on each color chip.

·Explain to students that they may use chips to buy an object that I will present shortly.  The object will be something attractive to most students (candy).  Conduct an auction with students and begin the bidding at 10.  Remind students that they may only bid if they have enough “money” to buy the object.  Once a high price has been set, give the winning bidder the object in exchange for the chips.

·Teacher then removes ten of the same objects from her desk.  Auction these off in the same manner as the first but begin the bidding at 1.   Wait and watch the students’ reaction!

·Ask the student who bought the overpriced item to define supply and demand based on his experience. Ask him why he was motivated to pay so much for the item and if he would have paid so much if he knew that there were so many more of the same items. 

·Teacher will then explain that she will conduct several more auctions.  She will place junky objects on her desk like paper clips, old pens and pencils, etc. and explain that she will auction these off first and then the candy later.  When she finished the first auction, she will tell the students that she only has one piece of candy left. 

·Break students into groups and have them answer the following questions:

Why were the prices of the unattractive objects so much lower than the attractive objects?

What happens when demand exceeds supply?

What happens when supply exceeds demand?

How does supply and demand affect choices in our lives such as:  the style of clothes made each year, the types of cars made, the careers that people choose, etc.?

Do you think merchants change their pricing based on their competitors?

Have the students discuss and present their opinions to the class in whatever form they want. (This can be a dialogue, a skit, a report…) 

Application:

·Follow-up (homework)-Have the students look in the newspaper/magazine for five examples where they think the supply exceeds demand and present them to the class.  They must be able to support each of their examples. 

Assessment:

·Observe student responses and questions. (Objectives 1-5)

·Observe group work.  Look for skills such as leadership, cooperation, participation, organization, listening, speaking, and presentation. (2,3,4,6)

·Evaluate group presentations.  These must be practiced before presented and they should be clear and concise.  Students must answer all questions and provide support and at least one example for each response.    They must illustrate an understanding of supply and demand in their responses. (2,3,4)

·Have students write an essay about an instance where they feel they paid too much for an item because the demand was strong (scooters, play station…).  Have them write about how it made them feel. The essay must clearly present the situation and their feelings.  It must be a minimum of one page and contain an introduction and a conclusion. (5,7)

·Students must correctly define supply and demand in their own words and provide two examples for each. (1)

·Follow-up (see above) (3)

Lesson 3

Supply and Demand (cont’d)

Grade Levels:            3-5

Goal:   To reinforce the concept of supply and demand to students with a hands-on internet/radio activity.

Learning Objectives:  The students will be able to:

1.                  Apply the concept of supply and demand to explain why some movie companies are going bankrupt.

2.                  Collect facts from a National Public Radio broadcast.

3.                  Prepare and present a report using quotes from the story that illustrates the factors that have resulted in the bankruptcy of some movie companies.

4.                  Evaluate what the movie companies could have possibly done to prevent their financial troubles.

5.                  Illustrate group work skills.

6.                  Summarize and article using quotations as support.

Purpose/Rationale:

This lesson takes the first lesson on supply and demand to the next level.  I challenge students to apply what they have already learned about this concept to a real NPR story found on the internet that provides a great (and recent) example of supply and demand.  Applying what they have already learned to a real-world situation will help the students to firmly grasp this aspect of economics.  This lesson also teaches the students the valuable tool of how to use quotations to support an argument.  Finally, this activity emphasizes critical thinking, which is an essential skill for all students. 

NJ Core Curriculum Standards:

6.7    All students will acquire historical understanding of societal ideas and forces throughout the history of New Jersey, the United States, and the world.

6.11          All students will acquire historical understanding of economic forces, ideas, and institutions throughout the history of New Jersey, the United States, and the world.

6.12          All students will acquire geographical understanding by studying the world in spatial terms.

6.13          All students will acquire geographical understanding by studying human systems in geography.

6.14          All students will acquire geographical understanding by studying the environment and society.

Materials/Resources:

Two computer terminals with speakers and internet access
National Public Radio Website-www.NPR.org & Megaplex story by Jim Zarroli
Paper
Pencils/pens

Procedure for Teaching:

Introduction:

·Teacher will review concept of supply and demand by asking the class what they learned about it the other day.  She will also ask for some examples. 

·She will ask the students what a quotation is and when we use them.

·She will explain to the students about how quotations can help to support an argument.  Teacher will also provide examples.

·Teacher will show students how to write a quotation using the proper punctuation.

Activities:

·Teacher will break students into groups of five and have then sit at computer terminals (Only 2 groups at a time so it doesn’t get too chaotic).  The 2 groups not working at the terminals can do DEAR time or other quiet work.  The teacher will tell the students that they will be listening to a real-life example of supply and demand.  She will explain that they need to listen carefully and take notes so that they can prepare a report that illustrates the factors that impacted the bankruptcy of some large movie theatres. 

·Students will go to NPR website and find the story called Megaplex…

·Students will listen to story, take notes and discuss within their group.

·Students will prepare and present a report using quotes from the story that illustrates the factors that have resulted in the bankruptcy of some movie companies.

Application:

Follow-up (homework):  Students will find an article in the paper and write a one-page summary about it using at least three quotations to support their information.

Assessment:

·Observe individual student responses and questions. (Objectives 1-5)

·Observe group work.  Look for skills such as leadership, cooperation, participation, organization, listening, speaking, and presentation. (1-5)

·Evaluate reports.  Students must use at least four appropriate quotes from the story to support their points.  The report must be practiced before presented and it must be clear and concise.  The report must be at least one page.  Students must correctly identify all of the reasons that the story claims have resulted in some theatres have gone bankrupt. (1,2,3)

·Assess individual essays that evaluate what movie companies could have possibly done to prevent their financial troubles.  Students must present at least three ideas and show logical reasoning that illustrates an understanding of supply and demand.  The essay must include an introduction and a conclusion and be a minimum of one page. (1,2,4)

·Follow-up (see above) (6)

Lesson 4

Trade

Grade Levels:   3-5

Goals:   1.  To introduce students to the concept of trade.

2.  To have students work in groups to make lists of products that are

     imported/exported to/from New Jersey, the region, and the United States and    

     have them provide rationale for their responses.

Learning Objectives:  The students will be able to:

  1. Define the economic concepts import, export, trade/exchange, goods, services, consumers, producers, scarcity, and surplus in their own words and provide examples.
  2. Explain the importance of trade in our lives.
  3. Identify products that are traded between New Jersey, the region, the United States and other states, regions and countries and evaluate why they are traded.
  4. Identify and explain the factors involved in trade.
  5. Illustrate group work skills.

Purpose/Rationale:

Trade is an essential component to understanding economics and although students encounter trade everyday, they probably do not realize it.  By understanding the elements involved in trade, the students will be able to conceptualize the relationship between factors such as terrain, climate, distance, supply and demand, and transportation among others in this complicated process.  

My anticipatory set attracts the students’ attention because it is amusing easy for them to relate to.  I chose this activity because it forces students to think about the goods around them and question why they were produced in a particular place and exported/imported to another location.  I am having the students work in groups because it is beneficial for them to see other points of view and to learn the skills involved in group work. 

NJ Core Curriculum Standards:

6.8    All students will acquire historical understanding of societal ideas and forces throughout the history of New Jersey, the United States, and the world.

6.15          All students will acquire historical understanding of economic forces, ideas, and institutions throughout the history of New Jersey, the United States, and the world.

6.16          All students will acquire geographical understanding by studying the world in spatial terms.

6.17          All students will acquire geographical understanding by studying human systems in geography.

6.18          All students will acquire geographical understanding by studying the environment and society.          

Materials/Resources:

Effective Teaching in Elementary Social Studies by Tom Savage and David Armstrong (Prentice Hall, Upper Saddle River, NJ, 2000)

Website http://minneapolisfed.org  (article: “The History of Money”)
Loaf of bread, meat and cheese
Lunch-sandwich, chips, cookie and a drink
Pens/Pencils
Paper
Poster board
Map of the United States

Map of the World

Procedure for Teaching:

Introduction

·The teacher will introduce the lesson by holding a loaf of bread, giving another student some meat, and another student some cheese.  She will then tell the class that she is very hungry and would like a sandwich but only has bread.  Teacher will ask for their suggestions on what to do.  She will guide students in a brief discussion of trade.

·The teacher will then tell the students that she forgot that she already had lunch packed.  One by one she will remove the contents of her lunch bag and tell the students where the product is from.  (i.e. The bread is from a bakery in town that made it from flour from Ohio, eggs from NJ, and yeast from Michigan…)

·The teacher will ask the class, why do you think the bakery bought all of these different ingredients from different places?  Why don’t they hatch their own eggs, grow and grind their own flour and make their own yeast?  Teacher will guide students in a discussion that it would be inefficient to grow/make all of the products we use consume and that is why we trade. 

·The teacher will then ask students, “What if I have bread and Tommy has cheese and I want some cheese but Tommy doesn’t want bread?  What do I do then?  Teacher will guide students in a discussion about money and how trade doesn’t just mean exchanging products but also exchanging money.

Activities:

·The teacher will discuss the economic terms import, export, trade/exchange, goods, services, consumers, producers, scarcity, and surplus with the students.  She will provide examples of each and ask students for examples.

·The students will then break into groups of two and roll play each of the terms.  The teacher will have each group act out their term for the class.

·The teacher will then break the students into groups of 4-5 and have them each make a list of products that are imported and exported to/from New Jersey, the region, and the United States (10 for each category).  The students will also have to provide rationale as to why they put a product in a particular category.  What factors do they think were involved?  (i.e. oranges are exported from Florida because it is warm there all year, oranges need warm weather to grow, and it is too cold in New Jersey to grow oranges…)

·The students will then present their findings to the class.

·Teacher will lead a discussion in the many factors involved in trade.

Application:

·Follow-up (homework) The students will locate 10 items in their home and write in their journals where they came from (or think they came from) and why.  Students will explain what factors they think were involved.  For this exercise it is more important that the students show logical thinking than that their answers are correct.  The students will present some of their findings to the class.

Assessment:

·Observe student responses. (Objectives 1-4)

·Observe group work.  Look for skills such as leadership, cooperation, participation, organization, listening, speaking, and presentation.  (1-5)

·The students will correctly define each term in their own words and provide two examples for each. (1)

·Evaluate group projects.  Students must show an understanding of the factors involved in trade.  They must completely cover each aspect of this exercise listed above.  For this project, it is more important that the students show logical thinking than that their answers are correct. (1,3,4)

·Write essays about what they learned about the importance of trade in our lives.  The students must state at least three things that they have learned and provide support for each.  The essay must include an introduction and a conclusion.  This must be at least two pages, the handwriting must be neat and the punctuation must be correct. (2)

·Follow-up (see above) (3,4)

Lesson 5

Transportation of Goods

Grade Levels:            3-5

Goal:   To teach students about the multitude of factors involved in transporting goods from one place to another.

Learning Objectives:  The students will be able to:

1.      Explain the importance of transportation in our economy.

2.      Identify and explain the factors involved in the transportation of goods.

3.      Develop a product and determine the best method of getting it from one place to another. Exhibit final product.

4.      Define and provide examples of logistics and packaging.

5.      Illustrate group work skills.

6.      Express how they liked working with their group.

7.      Express their opinion on another person’s view on transportation.

Purpose/Rationale:

Everyday we consume products without thinking of how they got to the place where we bought them.  Transportation is an important part of economics because the price of a product is directly related to the cost of transporting it.  This lesson helps students to understand how and why a product is shipped a particular way and how this impacts its cost and availability.

I introduce this lesson in this way because it gets the students thinking about the goods around them and how they got there.  The students will get very excited about working in groups to develop their own product and this will help to make the lesson more real to the students.  They will be much more interested in how to transport the product because it is something that they created. 

NJ Core Curriculum Standards:

6.9               All students will acquire historical understanding of societal ideas and forces throughout the history of New Jersey, the United States, and the world.

6.20          All students will acquire historical understanding of economic forces, ideas, and institutions throughout the history of New Jersey, the United States, and the world.

6.21          All students will acquire geographical understanding by studying the world in spatial terms.

6.22          All students will acquire geographical understanding by studying human systems in geography.

6.23          All students will acquire geographical understanding by studying the environment and society.

Materials/Resources:

Night Markets-Bringing Food to a City by Joshua Horwitz (Thomas Crowell, NY, 1984)

How Does it Get There? By George Sullivan (The Westminster Press, Philadelphia 1973)

Items to ask students how they got here

Writing paper

Construction paper

Pens, pencils, crayons and markers

Poster board

Glue

Map of the United States

Map of the World

Procedure for Teaching:

Introduction:

·Teacher will refer to prior lesson on trade and how most products that we use don’t come from our own backyard.  She will do a quick review by asking for some examples of goods that are imported/exported and why.

·The teacher will read to class Night Markets-Bringing Food to a City and ask students for some examples from the book of factors that we need to think about in transporting food.  (terrain, perishables, cost, packaging, etc…)

·Teacher will present various objects to class and ask how they think they got here.  She will guide group in a discussion on the factors involved in transporting goods. 

Activities:

·Teacher will break students into groups of five.

·Each group will be given a place where their product will be made and a location of where it will be shipped. 

·Each group will create a product and decide the best method of shipping it the designated location.  Groups must consider factors such as terrain, time, cost, packaging, is the good perishable and/or fragile?

·Each group will present their product and shipping method to the class.  Groups can use posters, dioramas, models or whatever method they choose. 

Application:

Follow-up (homework)-Students present any product to three different people who aren’t in their class and asks them how they think it got to its final destination.  The student will write a response to his/her findings, answering the following questions:  Were you surprised by the responses?  Do you think the people you interviewed ever think about how products got to them?  Do you agree with their opinions on how the products got to their final destination?  Why or why not?  Their report must be at least two pages, it must answer all of the questions and include the student’s reasoning for each response.  The report must include an introduction and a conclusion, the handwriting should be neat and the punctuation should be correct.

Assessment:

·Listen to student responses and questions. (Objectives 1-5)

· Observe group work.  Look for skills such as leadership, cooperation, participation, organization, listening, speaking, and presentation.  (1-5)

·Students will correctly define vocabulary in their own words and provide two examples for each. (4)

·Students will write essays on why transportation is so important to trade.  They must provide at least three reasons and support each reason with what they learned in class.  This must be at least two pages, the handwriting must be neat and the punctuation must be correct.  It must also include and introduction and a conclusion. (1)

·Students will write an essay on how they liked working with the group for the project and how they liked their final product.  They must support each statement and have an introduction and a conclusion. The handwriting must be neat and the punctuation must be correct. (6)

·Evaluate group product and presentation.  The final product and presentations must illustrate an understanding of the factors involved in shipping their product.  They need to provide at least three reasons why they chose the particular shipping method and show that they used logical thinking.  The group project must be rehearsed before it is presented.  Students must show enthusiasm in their presentation.  The final product must be neat and clearly illustrate their product and the shipping method that they chose.  (1-3)

·Follow-up (see above).  (2,7)

Materials/Resources:

Alexander Who Used to be Rich Last Sunday by Judith Viorst (Atheneum, NY, 1978)

Effective Teaching in Elementary Social Studies by Tom Savage and David Armstrong (Prentice Hall, Upper Saddle River, New Jersey, 2000)

Paper

Pencils/pens

Procedure for Teaching:

Introduction:

The teacher will introduce the lesson by reading Alexander Who Used to be Rich Last Sunday.  She will then ask the class what they thought about how Alexander spent his dollar.  She will ask them for examples of poor economic decisions that they have made in their lives. 

She will guide them in a discussion of economic decisions and how we have to make choices because of scarcity.

The teacher will discuss the economic terms listed above, provide examples of them and then have the students give examples.

Activities:

·The teacher will tell the students to pretend that their parents are having a party for them and want them to make a list of all of the gifts that they want. 

·The teacher will walk around and look at the lists and then tell the students that their lists have lots of great items but that their parents can only spend a total of $20 on their gifts and to pretend that each of the items on their list costs $5.

·The children must choose four things that they want the most and write an explanation as to why they chose each item.  They will then present this to the class.

·The teacher will ask the class what he/she is giving up by not choosing certain items and have some students respond.

·The teacher will help the class to see that they are making choices based on expected benefits that they assume are greater than what is being given up.

·The teacher will ask the class the following questions:

Why couldn’t you get everything you wanted?

What is an economic choice?

How did you decide which things you really wanted?

How do you feel when you have to choose?

What factor do we have to consider in making an economic choice?

Can most people get everything they want? Why/why not?

·The teacher will explain the concept of a cost/benefit analysis and relate it to this exercise. 

Application:

·Follow-up (homework)-The students will each ask their parents for five examples of economic choices that they have made and the factors that they considered in making the decisions.  Students must write these down and share them with the class. 

Assessment:

·Listen to student responses and questions in class discussions.  Evaluate understanding of the questions asked. (objectives 1-5)

·Students must correctly define vocabulary in their own words and provide two examples for each word. (4)

·Write an essay on what they thought of Alexander’s spending decisions and how and why they would have spent the dollar.  This must be at least one page and cover both topics.  Students must have an introduction and a conclusion.  Handwriting must be neat and the punctuation needs to be correct. (3,5,6)

·Write an essay on what gift items they chose and provide an explanation as to why they chose each item.  They must discuss what factors they considered and why?  Handwriting must be neat and the punctuation needs to be correct. (1,2,3)

·Follow-up activity (see above) (3)

Materials

    Websites:    

http://www.minneapolisfed.org 

http://www.npr.org

http://www.nationalcouncil.org

http://ecedweb.unomaha.edu

http://www.bigchalk.com

Books:

Effective Teaching in Elementary Social Studies by Tom Savage and David Armstrong (Prentice Hall, Upper Saddle River, NJ, 2000)

Alexander Who Used to be Rich Last Sunday by Judith Viorst (Atheneum, NY, 1978)

Night Markets-Bringing Food to a City by Joshua Horwitz (Thomas Crowell, NY, 1984)

How Does it Get There? By George Sullivan (The Westminster Press, Philadelphia 1973)

Other Materials:

Loaf of bread, meat and cheese

Lunch-sandwich, chips, cookie and a drink

Items to ask students how they got here

Pens, pencils, crayons, markers

Poster board

Writing paper

Dry erase board/chalk board

Overhead Projector

Construction paper

Glue

Map of the United States

Map of the World
 

Target Code

Description of Assessment

K1

Personal Communication

Quiz/Test

Economics Dictionary

K2

Personal Communication

Case Studies

R1

Personal Communication

Essay on NPR story

R2

Personal Communication

Interview/Essay

R3

Personal Communication

Comparative Analysis Chart

S1

Personal Communication

Performance Assessment-reading a topo. map

S2

Personal Communication

Persuasive Speech

P1

Product List Exhibit

P2

Develop a Product and Present

A1

Opinion Essay on Alexander Who Used to be Rich Last Sunday

A2

Essay

A3

Essay

A4

Essay

Learning/
 Assessment 
Portfolio

Standards

Courses

What's an 
Artifact?

Developing a 
Philosophy 
Statement

Service Learning

Field Experience

Lesson Plans

Curriculum Units

Tech Projects

Assessment 
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Action Research 
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Working 
with Families
 

Recommendations

Reflection

   
     

 Homepage

Roberta Devlin-Scherer, Seton Hall University
January 2, 2001
Updated  02/04/03
devlinrb@shu.edu