The big ideas in Alexander include: money, opportunity cost, exchange, buyers, sellers, saving, and goods/services. If you analyze the standards below, you could include them all while discussing the text. Standard SS.1.E.1.1 Recognize that money is a method of exchanging goods and services Assessment Task: Use the Hands-on-Banking interactive books to introduce how people use money and the cycle of money. While viewing/reading these texts, students record evidence about how money is used. After they use information from the text to create a little book that describes how people use money to exchange goods and services. Texts:
Standard SS.1.E.1.2 Define opportunity costs as giving up one thing for another Common Core Task: After reading 18/19 in the Piggy Bank Primer from the Federal Reserve students define opportunity costs. Then they create an economic concept poster (see examples on KidsEconPosters) to illustrate their understanding of the concept. More Texts:
Common Core Task: After conducting a shared reading/viewing of some of the EconEdLink Goods and Services Interactives, students can distinguish between examples of goods and services. Using examples from the texts, students create a venn diagram to illustrate their understanding of the differences between goods and services.
Common Core Task: After conducting a shared reading/viewing text and video from BrainPop , students can distinguish people as buyers, sellers, and producers of goods and services. Using examples from the texts, students write and illustrate a page to show their understanding of: Buyers, sellers, producers, goods, and services. They should use these key vocabulary words/concepts in their writing.
Common Core Task: After conducting a shared reading with Money Bunnies Take a Vacation, students will create a Public Service Announcement about the importance of saving for future purchases. They can make puppets of the characters in the book, write a script and design the PSA as a puppet performance. For a full lesson, with text-dependent questions, use: 1st Grade: Why is saving important? created by a Florida educator. • Use the US.gov comic to help students understand how people can save money. • Use the Money Metropolis Game Standard SS.1.E.1.6 Identify that people need to make choices because of scarce resources. Common Core Task: After reading Piggy Bank Primer, (pp 12-17) as a shared reading, students will create an economics poster about scarcity, in which they will draw a picture and find an example from the story that illustrates why people need to make choices because of scarce resources.
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AuthorDeborah Kozdras, Ph.D. Archives
February 2022
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