Money: Who uses it?

I. Purpose:
In this lesson the students will be acquainted with currency from different countries around the world.
Currency will be used to teach cultural differences. This lesson provides students with the opportunity
to create a visual representation of currency. Math, social science, and art are all integrated in this
lesson. The students will be introduced to the vocabulary of Yuan, Yen, Birr, Euro, Rupee, Peso, Pound,
and Dollar.

Math 2.10 The student will

a) count and compare a collection of pennies, nickels, dimes, and quarters whose total value is
$2.00 or less; and
b) correctly use the cent symbol (), dollar symbol ($), and decimal point (.).

Economics 2.8 - The student will distinguish between the use of barter and the use of money in the
exchange for goods and services.

Visual Communication and Production 2.4 - The student will create works of art inspired by a variety of
concepts, themes, and literary sources.

II. Objectives:
Given a template, TSWBAT produce personalized currency by creating their own paper or coin money,
and include symbolic designations with 80% accuracy.

III. Procedure:
a. Introduction

Have students come to the front carpet

Share the following pictures with the students (visual)

Does anyone know what these things pictured are? (auditory)

Call on several students to share their answers and ask if they know the value of
each unit of currency

How can we use only coins to make $2.00?

How can we use paper money only to make $2.00?

Which $2.00 amount is worth more? Coins or paper?

Does anyone know what money is used for?

Call on several students to share what they may purchase with a quarter, a
dollar, 100 dollars.

Read: The Story of Money by: Betsy Maestro

Point out several symbolic items represented on various types of money.

Does anyone know what types of items are pictured or stamped onto money?

Call on several students to share their answers of symbolic representation

b. Development

Reiterate bartering that was mentioned in the book.(auditory)

Is bartering still used today? When?

Discuss with the students some of the types of money used around the world.

Show specific currency examples from their respective countries:

Yuan - Japan

Yen - China

Birr - Ethiopia

Euro - Europe

Rupee - India

Peso - Mexico

Pound United Kingdom

Discuss that cultures around the world use currency in similar ways by trading
money for goods or services needed, but the physical appearance money can
look very different from country to country.

Everyone is going to create their own money.

Show an example of a coin and paper money created by the teacher before
the lesson.

Each student will choose to make a coin or paper currency.

The created currency must include:

The value/amount of money it represents.

Cent symbol (), dollar symbol ($), and decimal point (.) to be
present.

One graphic design used to make the money specifically represent the
student.

Name of the created currency.

For advanced students:

Write 3 jobs you could do at home to earn this money.

Write how long it would take to earn the amount of this money.

Write what you would purchase with this money.

For struggling students:

Write 1 job you could do at home to earn this money.

Write 1 thing you would purchase with this money.

c. Summary

Ask students to return to the front of the room and bring their money.

Have students line up in 2 lines boys in 1 line, girls in the other.

Pass out individually wrapped items for sale

Have 1 student at a time from each line step forward and briefly describe their
money and how it represents them.

Give each student the option to use their money to purchase the item for sale
from the student opposite them, or barter by trading their for sale packages

and keeping the money they created.

IV. Materials:

large circles pre-cut from paper plates

large rectangles pre-cut from paper plates

colored pencils

crayons

markers

Million Dollar Mints, individually packaged and labeled for sale

copies of international currency examples

The Story of Money by: Betsy Maestro

V. Evaluation Part A:
Student participation will be observed and noted during the lesson and required criteria must be
present on each student's created currency.

VI. Evaluation Part B:

Did your lesson address/accommodate the needs of all your learners?

What were the strengths of the lesson?

What were the weaknesses of the lesson?

How would you change the lesson if you could teach it again?