Unit Plan: Economics Educated

Lesson Plan for Wednesday

Grade: 3
rd
grade
Social Studies Strand: Economics
Submitted By: Nancy Vargas-Cisneros


EDEL 453: Teaching Elementary School Social Science
Nevada State College Spring 2014
Instructor: Karen Powell
Lesson Plan for Wednesday Strand: Economics submitted by: Nancy Vargas-Cisneros

Nevada State College EDEL 453 - Spring 2014 Karen Powell- Instructor page 2
B. Summary of the Lesson Plan:
This social studies lesson is for
3rd
grade students to learn about what prices businesses give
items to be able to sell them. Students will do an activity that lets them advertise their own
item and come up with price of their item as well. This lesson uses the Integrating
Language Arts and Social Studies strategy 19: Currency as a Primary Source (p.137-142)
C. Basic Information:
Grade Level: 3
rd
grade
Time to Complete this Lesson: Approximately 50 minutes
Groupings: Whole group participation during discussion of advertisements.
Independent participation when sketching and working on final advertisement
piece.
D. Materials:
Pens/Pencils
Modern example of an advertisement
Colored pencils/Markers
Large, White construction paper (9X12 inches)

E. Objectives:
NV State Social Studies Standards
E9.3.3 Give examples of prices set by businesses for selling goods and
services.

Student-Friendly Standards
E9.3.3 I will be able to give examples of what prices businesses will sell
goods services for.
F. Vocabulary
Business- the activity of making, buying, or selling goods or providing services in
exchange for money.
G. Procedure:
1. Teacher will begin activity by displaying a modern print advertisement at the front of
the classroom.
2. Teacher will then lead a class discussion on how the advertisement may lead someone
to buy the item.
Lesson Plan for Wednesday Strand: Economics submitted by: Nancy Vargas-Cisneros

Nevada State College EDEL 453 - Spring 2014 Karen Powell- Instructor page 3
-Encourage students to identify elements of advertisement
-Encouraging students to identify the facts and persuasive parts of the advertisement

3. Next give students a theme to make an advertisement of their own for their product.
Example: Make an advertisement for a piggy bank. Students can sketch and price
their piggy bank advertisement on a regular piece of paper. On an index card have
students write details about the product. Example: Special features, pricing, colors it
comes in ect.
4. Then when everyone has completed their sketch have students walk around the
classroom to look at everyones pricing and advertisement.
5. Once students are back at their desks have students make the advertisement again
on construction paper as the final piece with any changes students may want to add.
Create another index card with new advertisement details of the product.
6. When everyone has completed their advertisements that include: an image of the
product, a product description, benefits, and pricing information have students go
around the room and decide which product they would buy.
7. Have a class discussion on why they chose the pricing for their product? Did they
change the pricing the second time after seeing other pricing? How does this
compare to what businesses do?
H. Assessment:
What will you use to measure student understanding?
Students completed advertisement and discussion on advertisement.
Explain how you will know students understand the concepts from the lesson.
When students are able to give examples how businesses price goods or services to
sell.
I. Closure:
Have students compare prices of their advertisements with classmates. Discuss why
they chose the features and prices they did for their advertisements.
J. Reflection:
1. Which part of the lesson do you think will be the easiest for you to teach?
I think the easiest part of the lesson to teach will be creating advertisements that
are persuasive.
2. Which part will be most challenging for you to teach?
I think the most challenging part of the lesson will be getting students to understand
why certain prices will sell faster than others.
3. How will you follow up or extend this lesson?
Lesson Plan for Wednesday Strand: Economics submitted by: Nancy Vargas-Cisneros

Nevada State College EDEL 453 - Spring 2014 Karen Powell- Instructor page 4
To follow up with this lesson I would have students look at advertisements from other
countries that we have in the U.S. Have students compare and contrast the images
of the advertisement and if pricing differs.
4. What can you do for students who dont grasp the concepts?
For students who are not grasping the concepts of this lesson I could have students
create a bar graph of what prices were most common and then talk about why
they were most common.
5. Which part of the lesson, if any, do you think might need to change?
I dont think there is anything I would change. I am content with my lesson the way
it is.
6. When you were writing this lesson plan, what was the most difficult part?
The procedure was the most difficult. Also, this time I had a hard time deciding
whether to work as a whole group class or in groups.