Money,+Banking+and+Monetary+Policy

= **Unit 4: Money, Banking & Monetary Policy ** =

**3 weeks (approximately 7 blocks)**
//**Essential Question** //

[[file:Instructional Unit Plan 4_INITIAL Draft.docx]]
__**Suggested Pacing:** __ 80 minutes || 80 minutes ||
 * **Instructional Day** || **Learning Objectives** || **Time Allotted** ||
 * 1 and 2 || Objectives 1 and 2 || 80 minutes
 * 3 || Objective 3 || 80 minutes ||
 * <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">4 || <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">Objective 4 || <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">80 minutes ||
 * <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">5 and 6 || <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">Objectives 5 and 6 || <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">80 minutes
 * <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">7 || <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">Wrap up instruction and review

<span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">Administer District Benchmark Assessment (30 selected response questions) || <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">40 minutes

<span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">40 minutes ||

__<span style="font-family: 'Cambria','serif';">**Learning Objectives and Lesson Ideas:** __ <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Focusing mostly in the U.S. <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Changes over time || <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-PPT/Textbook <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Use $1.00 bills to show Federal Reserve letters/numbers <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Federal Reserve web sites (boxed set of materials – dated) || <span style="color: #000000; font-family: 'Times New Roman',Times,serif; font-size: 10pt; line-height: normal; margin: 0in 0in 0pt;">[] || <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Simulation – “rent your desk” <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Savings accounts, CDs, stocks, bonds, mutual funds, etc. <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Virtual Stock Exchange (city-wide competition) <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Financial intermediary activity (give them an individual prototype and the students have to decide what to do) <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Guest speakers to discuss investment options //(WellsFargo, Principal)// || <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Rule of 72, retirement planning ||
 * · <span style="font-family: 'Cambria','serif';">Examine the purpose of money ||   ||
 * · <span style="font-family: 'Cambria','serif';">Describe the development of currency and banking || <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Ascent of Money (PBS Film) and Making of the 100 Dollar Bill (NOVA)
 * · <span style="font-family: 'Cambria','serif';">Identify and explain the functions of the Federal Reserve || <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Students create a brochure to try and recruit a new bank into the Federal Reserve
 * · <span style="font-family: 'Cambria','serif';">Describe the policy tools available to the Federal Reserve and their effect on a nation’s economy || <span style="color: black; font-family: Cambria; font-size: 10pt; line-height: normal; margin: 0in 0in 0pt;">60 Minutes Interview with Ben Bernanke:
 * · <span style="font-family: 'Cambria','serif';">Evaluate the pros/cons of various investment options || <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Income vs. Wealth/Assets vs. Liabilities
 * · <span style="font-family: 'Cambria','serif';">Explain the concept of interest || <span style="font-family: 'Cambria','serif'; line-height: normal; margin: 0in 0in 0pt;">-Define/explain


 * __Money and Banking__**

PowerPoint Lecture - Introduction to Money

Quick Writes - Prompts for Money and Banking

NPR Radio Program - This American Life Clip "Invention of Money" @http://www.thisamericanlife.org/radio-archives/episode/423/the-invention-of-money

NPR Radio Program - Listening Guide

Activity - Mediums of Exchange Discussion Gold Standard - Colbert Clip with Discussion Questions

Project: Federal Reserve Brochure
 * __Federal Reserve__**

PowerPoint Lecture - Investments
 * __Investment Options and Interest__**

Video Clip (Youtube): @http://www.youtube.com/watch?v=EOzMdEwYmDU&feature=related "It's a Wonderul Life" - bank run clip