Brandy Cooper

 Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given country.  We use money everyday. Can you think of some ways that you or your family uses money?

 First let’s discuss types of money we use. Let’s talk about coin..  This is a penny, pennies are worth ONE cent.  The face on the coin is Abraham Lincoln, he was our 16 th president.  You can’t buy much with a penny now days but the penny is still useful.

 This coin is called a nickel, it is worth FIVE cents.  Thomas Jefferson is on the nickel, he was our 3 rd president.

 The dime is worth TEN cents.  Franklin D. Roosevelt is on the dime, he was our 32 nd president.

 This coin is worth TWENTY-FIVE cents.  George Washington is on the quarter.  Can you tell me what president he was?  That’s right the first president!!!

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 Goods  Services

 You should have some money in front of you.  Let’s have a challenge, I am going to give you an amount I want you to use your money and make that amount on your desk..Ready?  $.55 $.26 $.36 $.46

Complete the “Coin Value Worksheet!!

Today we have discussed money. We know that money is used to pay for things that we buy. We also know how to identify the different types of coin. A penny is worth 1 cent. A dime is worth 10 cents. A nickel is worth 5 cents. A quarter is worth 25 cents. So, the next time you are at a grocery store, restaurant, or your favorite store help your parents by counting out the money. Good Luck!! Today we have discussed money. We know that money is used to pay for things that we buy. We also know how to identify the different types of coin. A penny is worth 1 cent. A dime is worth 10 cents. A nickel is worth 5 cents. A quarter is worth 25 cents. So, the next time you are at a grocery store, restaurant, or your favorite store help your parents by counting out the money. Good Luck!!

  Reys.,Suydam, M., Lindquist,M., & Smith, N. (2009). Helping children learn mathematics, (9 th ed.) Danvers: John Wiley & Sons, Inc.    nlvm.usu.edu-games nlvm.usu.edu   –Money worksheet  –goods and services worksheet

 Content objective- Students will be able to identify and name all four coins and be able to make the approximate amount of change when asked. Students will be able to identify between a good and service.  Process Standards: Problem Solving- Build new mathematical knowledge through problem solving. Solve problems that arise in mathematics and in other context. Apply and adapt a variety of appropriate strategies to solve problems. Monitor and reflect on the process of mathematical problem solving. Reasoning and Proof- Make and investigate mathematical conjectures. Communication- organize and consolidate their mathematical thinking through communication. Communicate their mathematical thinking coherently and clearly to peers, teachers, and others. Use the language of mathematics to express mathematical ideas precisely. Connections- Recognize and use connections among mathematical ideas. Understand how mathematical ideas interconnect and build on one another to produce a coherent whole. Representation  Grade Level Expectations: Measurement 1. Understand measurable attributes of objects and the units, systems and processes of measurement. D. Count and compute money, DOK 2 MA 1,10, Count money to a dollar, including half dollars. Economic concepts and Principles 4. Knowledge of economic concepts and principles, including the laws of supply and demand and the productivity and the market system. A. Grade 1, identify examples of private goods and services, describe the relationship among consumers, consumption, producers and production.  NCTM Objectives-Number and Operations, Understand numbers, ways of representing numbers, relationships among numbers and number systems.  Background Knowledge- Students should be able to count by ones, twos, fives, and tens. Students should recognize the different coins.

 Launch: What is money? (wait for response) Money is what we use to pay for goods and services. When you go to places like grocery stores or restaurants you pay for your goods with money.  Investigative-Let’s talk about the different kinds of coins we use. The first one is the penny it is worth one cent, the nickel is worth five cents, the dime is worth ten cents, and the quarter is worth twenty-five cents.  Discuss-You can put different types of coins together to make different amounts. For example if you want to make 26 cents you would use a quarter because it’s worth 25 cents and one penny. That makes 26 cents.  Practice- We are going to practice making different amounts with the coin I have given you on your desk. When I give you an amount use your coins to make that amount. We will also be using some interactive games to help us with our skills.  Assessment-Now that you have played with your coins a little let’s test your skills, please complete the “Coin Value Worksheet”.  Closure- Today we have discussed money, we talked about it’s uses and what the coins are worth. Make sure you help your parents count their change the next time you are out with them.