Inflation: A Lesson Plan By Paul C. Lohr ED 639 Dr. Helms October 23, 2002
Rationale Social Studies topic of Economics. Lesson plan adheres to Ohio Content Standards 2002 draft requirements for 11 th grade students. In depth study and working knowledge of U.S. Government and Economy.
Objective The students will understand the role of money as a medium of exchange. The students will understand how the quantity of money in circulation impacts the general price level.
Assessment Students will demonstrate understanding of the concept with: In class discussion. In class essay worksheet. Essay homework assignment. Small group economic model story problems. 90% of students correct (goal @ 100%).
Class Exercises 1. Money, Gold & Barter Demo 2. Elephant & $1.00 Demo 3. Elephant & $2.00 Demo 4. 1 st CD Shopping Exercise 5. 2 nd CD Shopping Exercise
ECONOMICS TODAY Inflation and You! The Role of Money