Title of Unit: Economics Title of Lesson: Savings and the importance Submitted By: Cathy Galvan & Martha

Rendon

A. Summary of the Lesson Plan: This social studies lesson is designed for 2nd grade students to learn about the different reasons people save and relating it to reasons why they as students would save money. B. Target Population: Grade Level: Second Grade Skill Level: Students at all learning levels Grouping: Whole group for steps 1 7, independent/group practice for step 8, whole group closure C. Materials: Elmo projector and screen 32 copies of budget worksheet-from previous day pencils D. Objectives: o NV State Social Studies Standards o E10.2.2. Identify reasons for saving money.

Student-Friendly Standards E10.2.2 I will learn different ways to save money and tell why it is important.

E. Procedure: 1. Teacher will ask students, How many of us have seen a new bike or game at the store, but did not have enough money (even after budgeting) to afford it? 2. Ask students if they have ever heard of the word saving 3. Explain that adults sometimes save money at the end of each month to use for emergencies or even to put towards their childs college costs. 4. Explain that saving is to put aside as a store or reserve. 5. Pass the budget worksheets out to the corresponding student. 6. Have students check to see if they have any money left over after their income and expenses are all accounted for. 7. Explain that with the money left over, they can put it towards something else. If the student continues to have money left over every

Title of Unit: Economics Title of Lesson: Savings and the importance Submitted By: Cathy Galvan & Martha Rendon

month or week, the student will eventually have enough money put aside to be able to pay for the bike or game they saw at the store. 8. Students can work with their table groups to work on their worksheets and find if they have money left over after their spending. 9. Students will turn in their worksheets with amount left over or overspent to the teacher. 1. CLOSURE: The teacher will review that saving money comes in handy when needing something later on such as paying for college or paying for a new toy at the store. F. Assessment: What will you use to measure student understanding? Teacher will use student interaction throughout the lesson and the budget worksheet (with the amount saved or overspent) to check for overall understanding of budgets. Explain how you will know students understand the concepts from the lesson. Students will show comprehension by correctly showing income and expenses in the corresponding columns and know how to effectively use the budget worksheet for their own income and expenses. Teacher will also listen in on student discussions while at their table groups. G. Reflection: 1. Which part of the lesson do you think will be the easiest for you to teach? I think the easiest part of this lesson will be to introduce the vocabulary words and check for understanding. 2. Which part will be most challenging for you to teach? The most challenging will be to have the students actually understand the concept of saving money. 3. How will you follow up or extend this lesson?

Title of Unit: Economics Title of Lesson: Savings and the importance Submitted By: Cathy Galvan & Martha Rendon

This lesson can easily be relayed into math as the teacher can have the student find out how many weeks (or months) of savings it will take the student to be able to afford a said product. 4. What will you do for students who dont grasp the concepts? I would allow students who need additional help to meet me at the back table for smaller group or one-on-one assistance. 5. Which part of the lesson, if any, do you think might need to change? I think I could have more independent practice for this lesson. 6. When you were writing this lesson plan, what was the most difficult part? This lesson actually came a bit easier than the first lesson I wrote. I think that the hardest part was thinking about the discussion questions and statements I would ask to continuously have the students engaged.