Unit Outcome 1

Mathematical Operations

Perform basic arithmetic operations and estimation skills required to be an effective consumer and money manager.  Keep record of cash flow.

Gather data on effective consumer practices.

Expert Groups -

each expert group is a group which is organizing a store for this unit (For example, the Pet Store, the Orange Julius, Grocery, Daisy’s Diner, Bank)

Write letters to banks and consumer groups, conduct interviews.

Perform basic mathematical operations of addition and subtraction

Small groups and pairs

Learn names and values of each coin

Whole class, then small groups and pairs doing variety of activities.

Estimate amounts

Whole class, then small groups or pairs in learning center activities

Evaluate appropriate spending decisions

Whole class and small groups

Enablers

Strategies

Vocabulary -  consumer, cash flow, estimate, justify, balance, budget

Cash flow record

PMI (decision-making tool)

Venn diagram

Survey and Interview

Jigsaw

Roles -  Teach, Manage

Group Assessment

Individual Assessment

Group consensus on setting prices and selling in own class business.

Depiction of synthesis of data collected on the definition of effective consumer.

Shopping in class business

Justification of spending decisions

Demonstration of record of cash flow