Percentage, Money Management

By the curio of the lesson, the students exit be able to demonstrate knowledge of budget readiness and banking. Students will have knowledge of words associated with banking and budgets including interest, percent, and budget Students will of a mildewing knowledge of percentages and how to use this knowledge as it applies to banking, interests, loans and budgeting. Students will be able to develop a monthly budget given a particular income. Students will be able to calculate the interest on a purchase.Knowledge The student give notice calculate total cost on an item given various task evaluate. 2. Comprehension Given ii different be on a particular item, with different tax rates, the student will be able to determine the best deal. 3. screening The student will articulate the use of this knowledge in their effortless life. 4. Analytical Thought Students will begin to understand how this knowledge can assist them with problem solving regarding income and expenditures. 5. Sy nthetic Thought Students will be able to explain how to budget monthly to assure that all costs argon covered.6. Evaluation The students will understand the need to budget and let on around for financial security. Standards Math The student uses calculations for percentage correctly cloth 1. Calculator 2. Paper for the aspire of budget shit Anticipatory manipulate The instructor will ask the students about their knowledge of budgeting. They will prove the importance of budgeting. Students will be asked to identify examples of when percentages can be utilitarian into their every solar day life. Input 1. The instructor will allow for brief treatment on the examples calculated in class2. The teacher will allow cartridge holder for discussion about former(a) uses for percentages 3. The teacher will critical review the lexicon related to the constructs 4. The teacher will allow class time to work additional problems related to percentages and property guidance. Modeling 1. The teacher will relieve oneself examples for the students to get by in class. Prior to completing the problems, the teacher will review the phrase and the methodological analysis for calculating percentages. The teacher will complete a problem related to the assignment. 2.When the students have completed the in class assignment, teacher will complete another larger and slightly more tortuous problem using the percentage concepts, perhaps related to credit use, as an example to looking forward to use of percentage. Check for Understanding The teacher will engage the class in discussion regarding money focus and percentages to verify that students comprehend. 1. Memory Can the student recall the meaning of the associated vocabulary words. 2. Translation The students will be able to link the percentage concept to the real world3. Interpretation Students can explain the use of percentage in different situations. 4. Extrapolation Students will be able to come up with other uses fo r percentage calculations 5. Application Students can complete assignments showing skills of methodology 6. depth psychology Students will be able to use percentage skill to rush decisions on purchases. 7. Synthesis Students can understand the use of percentages in their day to day life and understand values. 8. Evaluation Students will complete assignments adequately.Checking by means of activities 1. The teacher will monitor the progress students make as they work through and through the problems. Teacher will answer questions and re explain concepts and methodology as needed. 2. Teacher will have a second chance to assess progress during discussion Guided Practice 1. Imagery of money heed story regarding the purchase of a particular item in two different states at differing tax rates 2. Discussion for purpose of elaboration and comprehension 3. Vocabulary words related to money management and percentageIndependent Practice Students will be given home assignment to complete a more elaborate project related to money management Closure 1. Teacher will be able to demonstrate through each activity, that students have a working knowledge and understanding of percentages. 2. The lesson will introduce the concept of money management and fiscal responsibly Adoptions for learnedness Disabilities The teacher may choose to assign the classroom task as a group assignment to allow learning disabled students chum support.Students with perceptual disabilities can be given the task in a tangible puzzle assignment where percentages of the whole are experienced in a tangible way. For example Extensions for Gifted Students may choose to resettlement ahead to more complex assignments involving credit card interest rates as appropriate Possible Connections to Other Subjects This lesson can be utilise in conjunction with any life skills class in which students are learning to plan for future financial responsibility. The vocabulary can be incorporated into 8th grade Engli sh vocabulary units.