Title of Unit: 2nd Grade Economics Title of Lesson: Where to Save Money Submitted By: Jamie Holst

A. Summary of the Lesson Plan: This lesson is day 2 of 2 and helps students understand why people save money. Students will look at where people save money and how saving money helps people budget. B. Target Population: Grade Level: 2nd. Skill Level: on level Grouping: Whole group for procedure steps 1-3, 5, 7. Small group for step 4. Individual practice for steps 8-11. C. Materials: Elmo Blank Sheet of Paper Pen Empty juice bottles (1 per student) Assorted colors of construction paper Glue Markers Scissors D. Objectives: o NV State Social Studies Standards o E10.2.2 Identify reasons for saving money.

Student-Friendly Standards I can list a place where people save money.

E. Procedure: 1. Teacher reviews information taught on day 1. 2. Ask students to share their thoughts from the previous closure question about where people save money? 3. Teacher will make a list of places students name on the piece of paper under the Elmo. (Assume students mention bank). 4. Ask students to discuss with their group why people choose to keep their money in a bank instead of at home? 5. Groups share answers. 6. Explain that banks keep the money safe and offer other benefits. Ask students where they keep, or would keep, their allowance or any money they receive?

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

page 1

Title of Unit: 2nd Grade Economics Title of Lesson: Where to Save Money Submitted By: Jamie Holst

7. Tell students they are going to create their own personal bank to keep their money in at home. Explain that they can really keep anything valuable in a bank, not just money. 8. Students will be given an empty juice container if they did not bring one. 9. Using a model, show students how to decorate their juice container into any shape or object they choose. Students must make a stand of some sort to prop the bank up. The stand can be the legs of the animal, or a pillar for an object. 10. The teacher will go around to each student and cut a hole on the side of the container so that objects can be placed inside. 11. When complete, students will write 1 paragraph in their journal about what they will use their bank for and why. Students will also write 1 paragraph describing what a bank is and why people choose to use it. 12. CLOSURE: Students will share their bank with their tablemates. F. Assessment: What will you use to measure student understanding? The journal entry and class discussion will be used to measure student understanding. Explain how you will know students understand the concepts from the lesson. I will look at the students explanation as to how they plan on using their banks and that a bank is a place that people can save money.

Nevada State College

EDEL 453 - Spring 2013

Karen Powell- Instructor

page 2