4.2.1+Lesson+1

= = LESSON PLAN created by:

__Core Objective/Standard__:
Standard 4: Financial Literacy: Students will describe the economic choices people make to meet their basic economic needs. Objective 2 Recognize that people need to make choices to meet their needs. a. Describe the economic choices that people make regarding goods and services. b. Describe why wanting more than a person can have requires a person to make choices.

__Student learning objective__:
Students will learn to make choices while they plan a birthday party with a set amount of money.

__Materials needed__:
The book __Alexander Who Used to Be Rich Last Sunday__ by: Judith Viorst Powerpoint for after story Birthday party item cutouts Coins to add up to dollar

__Teacher (To) directions/actions/instructions__:
Day 1: Read __Alexander Who Used to Be Rich Last Sunday__ Talk about the choices Alexander made with his money. Use the power point after you read the story. Day 2: Who has been to a birthday party? What did you do at the birthday party? What decorations did they have? What did you eat? Where would we get the things for a birthday party? Talk about how they are going to plan their own birthday party. Give students money and show the possible items they could buy and how much they cost.

__Teachers/Students (With) actions__:
Review with students the pictures of the coins. How much is each coin worth. Review different combinations of coins to get to a dollar.

__Students (By) actions/activities students will do during lesson__:
Students will plan their own birthday party (depending on individual class could do groups, partners, or individual students). They will have $1.00 to spend. They will have to make choices about what items they want to buy for their party. Some of the items are expensive ($.80)some are less expensive ($.01). Students will draw the picture of which items they choose to buy in the box on the birthday item cutouts. Cut out chosen items and make a poster.

__Assessment-these may be written, verbal, observations, etc__:
Share posters with class.