lesson plan outline - teacher resource site
TRANSCRIPT
Lesson Plan Outline Unit 1: Community & Economy Lesson 1: Circular Flow of an Economy
Lesson Description: (Pg. 3-12): Students discover the rights and responsibilities of citizenship in a community and examine the flow of goods, services, money, and resources between people and businesses.
Vocabulary: Citizens, Community, Responsibility, Right, Business, Free Enterprise, Goods, Natural Resources, Resources, Services, Trade, Capital Resources, Circular Flow, Consumers, Entrepreneur, Human resources, Civic virtue, Ethics
Core/Supplemental Material:
Activity: Lemonade Stand Activity: Two students model the concept of the circular flow of an economy by pantomiming the process of opening a lemonade stand and involving other class members
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Lesson Plan Outline Unit 1: Community & Economy Lesson 2: Code of Ethics
Lesson Description: (Extension Activity, Pg. 17-19) Students work in a group to define/develop Code of Ethics
Core/Supplemental Material:
Activity: Code of Ethics: Students write their own Code of Ethics for JA BizTown
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Lesson Plan Outline Unit 1: Community & Economy Lesson 3: Free Enterprise
Lesson Description: (Pg. 21-27): Students learn the three main sources of tax revenue: income, sales and property tax.
Vocabulary: Producer, Product, Prototype, Profit, Scarcity
Core/Supplemental Material:
Activity: Constructing a Product: Students work in groups to plan the production and sale of a product that they created out of construction paper.
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Lesson Plan Outline Unit 1: Community & Economy Lesson 4: Economics Freedom Poster
Lesson Description: (Extension Activity 1, Pg. 37-38): Students will create posters to describe the economic freedoms.
Core/Supplemental Material:
Activity: Students create a poster that interprets one of the economic freedoms of a Free Enterprise Economy.
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Lesson Plan Outline Unit 1: Community & Economy Lesson 5: Public Goods and Services
Lesson Description: (Pg. 45-55): Students learn about public goods and services and how those are paid for by taxes.
Vocabulary: Gross pay, Net pay, Taxes, Philanthropy, Private goods and services, Public goods and services, Democracy
Core/Supplemental Material:
Activity: Students use a rubric to identify examples of public and private goods and services.
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Lesson Plan Outline Unit 2: Financial Literacy Lesson 1: Financial Services
Lesson Description: (Pg. 3-13) Students are introduced to services provided by financial institutions and discover the connection between spending and having money in the bank.
Vocabulary: Checking account, Credit card, Credit union, Debit card, Economy, Financial institution, Loan, Online banking, Safe deposit box, Savings account, Transaction
Core/Supplemental Material:
Activity: Banking Bingo: Students will play bingo to identify types of banking services.
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Lesson Plan Outline Unit 2: Financial Literacy Lesson 2: Checking Accounts
Lesson Description: (Pg. 25-39): Students learn how to endorse and deposit a check and how to manage a checking account register. They also learn the consequence of writing checks without sufficient funds.
Vocabulary:
CFO, Endorse, Income, Paycheck, Deposit ticket, Net Deposit, Bounced check, Check register,
Personal check, Direct Deposit
Core/Supplemental Material:
Activity: Personal Checks: Students practice withdrawing money and write personal checks.
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Lesson Plan Outline Unit 2: Financial Literacy Lesson 3: Savings Plan, Inquiry-Based
Lesson Description: (Application Activity 3, Pg. 72): Students research the benefits of using interest-earning accounts to save money
Vocabulary:
Interest, Accrue, Compound interest
Core/Supplemental Material:
Activity: Research Services: Students research the benefits of using interest-earning accounts to save money.
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Lesson Plan Outline Unit 2: Financial Literacy Lesson 4: Debit Cards
Lesson Description: (Pg. 77-87) Students discover ways to complete purchase transactions electronically. They explore the difference between a debit card and a credit card
Vocabulary:
Credit card, Debit card, Gift card, Identity theft, PIN, Prepaid card
Core/Supplemental Material:
Activity: Venn Diagram: Students compare the advantages and disadvantages related to forms of payment (cash, check, debit, gift cards and prepaid cards).
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Lesson Plan Outline Unit 2: Financial Literacy Lesson 5: Interest in Your Favor
Lesson Description: (Pg. 95-100): Students calculate the cost of an item using credit and discuss how interest in used in savings.
Core/Supplemental Material:
Activity: Calculating Cost of Credit: Students calculate the cost of an item using credit and discuss how interest is used in savings.
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Lesson Plan Outline Unit 3: Work Readiness Lesson 1: Interest and Skills
Lesson Description: (Pg. 3-12): Students learn how their interests and skills can be linked to various career alternatives. This lesson puts an emphasis on STEM and high-demand careers. They explore four interest-based career types and demonstrate appropriate workplace behaviors.
Vocabulary:
Interest, Skills, Career, STEM, Employee, Employer, Soft Skills, Teamwork, Innovative solutions,
Predicament
Core/Supplemental Material:
Activity: Acting the Part: Students complete an online assessment and “act out” appropriate work place behavior.
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Lesson Plan Outline Unit 3: Work Readiness Lesson 2: Education Pays Off
Lesson Description: (Application Activity 2, Pg. 15-17): Students looks at the financial advantages of entering STEM-related careers.
Core/Supplemental Material:
Activity: Reading for Information: Students looks at the financial advantages of entering STEM-related careers.
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Lesson Plan Outline Unit 3: Work Readiness Lesson 3: Applying for a Job
Lesson Description: (Pg. 25-33) Students learn about the various steps required to apply for and obtain a job. In addition, they engage in hands-on activities, including the completion of a job application and participation in practice job interviews.
Vocabulary:
Applicant, Job interview, Resume, Referendum
Core/Supplemental Material:
Activity: Interviews: Students are interviewed for jobs in JA BizTown.
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Lesson Plan Outline Unit 3: Work Readiness Lesson 4: Elections
Lesson Description: (Application Activity 2, Pg. 40-48): Students learn about the steps involved in the democratic process by holding elections for JA BizTown City/County Officials.
Core/Supplemental Material:
Activity: Voting: Students participate in a election for Mayor/Chairperson.
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Lesson Plan Outline Unit 3: Work Readiness Lesson 5: Career Exploration
Lesson Description: (Extension Activity 2, Pg. 54-57): Students research what kind of careers will be available in the future and how much education they will need to follow those career paths.
Core/Supplemental Material:
Activity: Researching what it Takes: Students research Careers and identify requirements for the career.
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Lesson Plan Outline Unit 4: Business Management Lesson 1: Business Costs
Lesson Description: (Pg. 3-11) Students will describe costs associated with operating a business, calculate business expenses and use teamwork to create a paragraph to describe their business.
Vocabulary:
Quality business, Operating costs, Revenue, Salary, Promissory note, Criteria, Ranking, Best
practices
Core/Supplemental Material:
Activity: Calculating Business Costs: Students calculate business costs so they know how much money they will need to operate their business
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Lesson Plan Outline Unit 4: Business Management Lesson 2: Setting Prices
Lesson Description: Setting Prices (Pg. 25-36): Student will define selling price, revenue, and inventory. They will describe factors that affect selling price and explain the relationship between revenue, costs and profits.
Vocabulary:
Selling Price, Inventory, Budget
Core/Supplemental Material:
Activity: Price Setting: Students practice price-setting method based on business inventory
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Lesson Plan Outline Unit 4: Business Management Lesson 3: BizBriefs
Lesson Description: (Homework, Extension Activity 2, Pg. 22-24): Students review JA Bizbriefs to locate indications of a Quality Business
Core/Supplemental Material:
Activity: Bizbrief Summary Worksheet: Students complete the BizBrief Summary worksheet according to their assigned business so they can learn more about the products/services their business will sell.
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Lesson Plan Outline Unit 4: Business Management Lesson 4: Quality Task Committee
Lesson Description: (Pg. 16-21): Students brainstorm on what it takes to operate a quality business and develop the criteria each business team will use to evaluate the quality of their business.
Core/Supplemental Material:
Activity: What is a Quality Business? Students are divided into groups and assigned to committees. As a committee, students complete the Web Report Worksheet based on an assigned criterion to determine what makes a quality business.
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Lesson Plan Outline
Unit 4: Business Management Lesson 5: Visit Preparation
Lesson Description: Pg. (49-60): Students learn about the importance of advertising as a method of marketing the goods and/or services offered by various businesses. Working in business teams, students complete their final preparations for their JA BizTown on-site visit
Core/Supplemental Material:
Activity: Advertisements: Students brainstorm and create effective advertisements for their JA BizTown business.
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