Transcript mathematics - Classroom CLUEs

Barbara Phipps
Shala London
Sherie Surbaugh
Nadia Kardash
Why?
Literacy
Social Studies
Economics
and Personal
Finance
Mathematics
Common Core
Connections
• Supports cross-content literacy
• Provides real-world applications
• Develops habits of mind
Children’s
Literature for
Understanding
Economics
www.classroomclues.com
Grades
K&1
Grade K
ECONOMICS/PERSONAL FINANCE
• Goods and services
• Scarcity
• Opportunity cost
• Saving
MATHEMATICS
Understanding addition as
putting together and
understanding subtraction as
taking apart
Grade 1
ECONOMICS/PERSONAL FINANCE
• Goods and services
• Scarcity
• Choices
• Opportunity cost
• Money vs. barter
• Saving vs. spending
• Income
• Consumers and Producers
MATHEMATICS
Solving problems involving
addition and subtraction
Understanding place value
Follow the Money!
• Saving
• Decision-making
• Money
• Adding and subtracting
and more (see link)
http://classroomclues.com/follow-the-money-2/5278
Follow the Money!
Monster Musical Chairs
• Economic want
• Good
• Scarcity
• Subtraction by one
http://classroomclues.com/monster-musical-chairs/9287
The Penny Pot
•
•
•
•
•
Goods
Services
Choice
Opportunity cost
Scarcity
• Counting coins
http://classroomclues.com/the-penny-pot-6/5180
You Can’t Buy a Dinosaur for a Dime
•
•
•
•
•
Income
Consumer
Choices
Saving & Spending
Opportunity cost
• Adding and subtracting
currency
http://classroomclues.com/you-cant-buy-a-dinosaur-for-a-dime-2/5226
Grades
2&3
Grade 2
ECONOMICS/PERSONAL FINANCE
• Goods and services
• Economic wants
• Producers and consumers
• Opportunity cost
• Money vs. barter
• Saving vs. spending
• Budgeting
• Income
• Decision-making
MATHEMATICS
Solving problems involving
addition and subtraction
Understanding place value
Grade 3
ECONOMICS/PERSONAL FINANCE
•
•
•
•
•
•
•
•
Scarcity
Markets
Buyers and sellers
Credit and borrowing
Public goods and services
Spending/saving
Borrowing/lending
Income
MATHEMATICS
Understanding fractions
Solving problems involving
measurement and estimation
of intervals of time
Little Nino’s Pizzeria
• Goods and services
• Entrepreneurship
• Revenue, expenses and
profit
• “Find the profit” math
problems (see link)
http://classroomclues.com/little-ninos-pizzeria/5105
My Rows and Piles of Coins
•
•
•
•
Saving
Capital resource
Market
Opportunity cost
• Adding & subtracting
http://classroomclues.com/my-rows-and-piles-of-coins/933
Uncle Jed’s Barbershop
• Human and capital
resources
• Specialization
• Saving
• Opportunity cost
• Estimation costs and
inflation
http://classroomclues.com/uncle-jeds-barbershop/957
A Chair for My Mother
•
•
•
•
Human resources
Savings
Scarcity
Opportunity cost
• Budget development
http://classroomclues.com/a-chair-for-my-mother-7/1259
Lucky Beans
•
•
•
•
Productive resources
Human capital
Specialization
Income
• Estimation
• Measurement
http://classroomclues.com/lucky-beans/9294
Grades
4&5
Grade 4
ECONOMICS/PERSONAL FINANCE
• Opportunity cost
• Productive resources
• Production and consumption
• Specialization
• Entrepreneur
• Economic systems, market
economy
• Human capital
• Cost-benefit analysis
•
•
•
•
•
•
•
MATHEMATICS
Four operations w/ whole #’s
Factors and multiples
Generate/analyze patterns
Multi-digit whole numbers
Operations with fractions
Classify shapes
Draw/identify lines and angles
Grade 5
•
•
•
ECONOMICS/PERSONAL FINANCE
•
• Scarcity
•
• Opportunity cost
•
• Productivity and
•
specialization
•
• Supply and demand
•
• Changes supply/demand
• Supply/demand for labor
• Banking and interest
• Taxes
• Cost-benefit analysis
MATHEMATICS
Numerical expressions
Analyze patterns/relationships
Place value system
Perform multi-digit operations
Add/subtract fractions
Multiply/divide fractions
Measurement system
Volume
Graph points on the coordinate
plane to solve real-world and
mathematical problems
The Bobbin Girl
•
•
•
•
Productivity
Cost of production
Supply and demand
Costs/benefits
• Compute reduction in
pay percentages
http://classroomclues.com/the-bobbin-girl/5259
Isabel’s Car Wash
•
•
•
•
•
Incentives
Entrepreneurship
Productive resources
Decision-making
Investing
• Budgeting
• Percentages
http://classroomclues.com/isabels-car-wash/5875
Rock, Brock and the Savings Shock
• Saving
• Spending
• Interest
• Percents
• Graphing
http://classroomclues.com/rock-brock-and-the-savings-shock/5422
Sheila Bair
(on right)
Mathematics & Economics
12 standards-based
lessons
Grades 3-5
Council for Economic
Education
Grade 5
DOUGHTNUT DREAMING
LESSON OVERVIEW
• Students use a class survey to collect data about the
quantity demanded of doughnuts at different prices.
• Students use data to construct a line graph.
• Students discuss the law of demand and apply it to
the graph to understand that at lower prices, the
students will purchase more doughnuts.
Grade 5
•
•
•
ECONOMICS/PERSONAL FINANCE
•
• Scarcity
•
• Opportunity cost
•
• Productivity and
•
specialization
•
• Supply and demand
•
• Changes supply/demand
• Supply/demand for labor
• Banking and interest
• Taxes
• Cost-benefit analysis
MATHEMATICS
Numerical expressions
Analyze patterns/relationships
Place value system
Perform multi-digit operations
Add/subtract fractions
Multiply/divide fractions
Measurement system
Volume
Graph points on the coordinate
plane to solve real-world and
mathematical problems
Literature Connections
http://classroomclues.com/the-donut-chef/5906
Procedure
Walk into the classroom holding a
newspaper and eating a doughnut.
Ask the students if they enjoy eating
doughnuts.
Procedure
Read the book The Donut Chef and
discuss favorite flavors of doughnuts
and record on the board where they
usually purchase them.
Ask if they know how often they buy
doughnuts, and discuss other ideas
about doughnuts to interest them in
the topic.
Procedure
Ask the students to think about the
price of the doughnuts. Tell them the
owners of a new shop don’t know what
to charge. Ask them if they are willing
to help the owners.
Have the students complete a demand
schedule.
VISUAL: MY DEMAND SCHEDULE
FOR DAYDREAM DOUGHNUTS
Directions: Pretend you receive a weekly $10 allowance. Although you might want
to spend all $10 on doughnuts, remember that your $10 allowance must pay for all of
your expenses during the week, such as soft drinks, ice cream, books, toys, movies,
video games and donations. Record the number of doughnuts you would be willing
and able to buy at each price during one week, using one week’s allowance.
Remember, if you are willing and able to buy a number of doughnuts at a certain
price, you should be willing and able to buy at least this same number of doughnuts
— and probably more — at any lower price.
Price per Doughnut
$1.50
$1.25
$1.00
$0.75
$0.50
$0.25
Able to Buy
Willing to Buy
Procedure
Have the students work through the
calculations.
Compile the data to obtain a class
demand schedule.
Explain Demand.
Construct a linear graph.
VISUAL: CLASS DEMAND SCHEDULE FOR DOUGHNUTS
Price
Student 1
Student 2
Student 3
Student 4
Student 5
Student 6
Student 7
Student 8
Student 9
$0.25
$0.50
$0.75
$1.00
$1.25
$1.50
Demand: The schedule of the quantity of a
good or service that people are willing and
able to buy at different prices during a given
time period.
Law of demand: People are willing and able
to buy less of a good or service at a higher
price and more of a good or service at a
lower price, when income and prices of other
items remain the same.
P
Title: Demand for Doughnuts
$1.50
$1.25
$1.00
$.75
$.50
Demand
$.25
0
Q
An invitation…
Northeast Kansas Teachers:
•Money, Math & Make-Believe Teacher Summit, Summer 2014,
Federal Reserve Bank of Kansas City
•Lending Library and Consultations
•District In-services
Councils or Centers:
Host your own training–contact us for sample agendas, handouts, etc.
Barbara Phipps – [email protected]
Shala London – [email protected]
Sherie Surbaugh – [email protected]
Nadia Kardash – [email protected]