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TOPIC
Name
Subject
Grade Level
Date/Duration
Standards/
anchors/
competencies
PA/Common
Core/Standards
(Plus any others
as may be
required)
Formative
AND/OR
Summative
Assessment
Evidence
Objective
A-B-C-D
Bloom's Taxonomy
Webb's Depth of
Knowledge (DOK)
DETAILS
Ms. Michele Morgan
Social Studies - Economics
Fourth Grade
30-40 Minutes
PA Standards - Economics
6.1.4.C: Illustrate what individuals or organizations
give up when making a choice.
6.1.4.D: Explain what influences the choices people
make
CK
Formal Evaluation
Students will be evaluated on the completion of the
worksheets they will work on after playing the
Lemonade Stand game. Students will have answered
the questions appropriately, as indicated on the answer
sheet.
This information will be used to determine students
knowledge of economics concepts learned in previous
lessons and how choices impact business.
Informal Evaluation
The teacher will walk around the classroom while
students are playing the Lemonade Stand game and
completing their worksheets to see that they are on
task.
This information will be used to determine if students
will need to be redirected.
Individually, the students will be able to identify the
economics vocabulary words on their worksheets 3 out
of 4 times. The level of Bloom is understanding. The
level of Webb is Level 1 Recall.
During a class discussion, the students will be able to
state how their choices in Lemonade Stand affected
their profits in the game one out of one times. The
level of Bloom is remembering. The level of Webb is
Level 1 Recall.
Step-by-Step Procedures
RATIONALE for the This lesson will be used to review economics vocabulary that
Learning Plan
was learned previously in class and how choices impact
business. Students will be able to identify previously learned
economics words. Also, students will be able to state how
their choices affected the outcomes of their games. This
connects to the PA Standards through students seeing the
CK
Introduction
Explicit
Instructions
Big Ideas
Essential
Questions
Lesson Procedure
Must include
adaptations &
accommodations
for students with
special needs
Accommodations,
Modifications
Materials
(reading,
technology,
equipment,
supplies, etc.)
Closure
(http://www.omsi.edu/exhibits/moneyville/activities/lemo
nade/lemonadestand.htm)
Lemonade Stand Worksheets
Pencils or Other Writing Utensils
Worksheet Answer Key for Teacher
Summary & Review of the Learning
The teacher will have a class discussion with the
students about the choices they made while playing the
Lemonade Stand game.
Students will be asked questions relating to the
Lemonade Stand game and the worksheets that they
completed.
Questions may include: What was the product that we
sold? Were you being the consumer or the seller of the
lemonade? What kind of decisions did you need to make
when selling the lemonade? What affected the amount
of lemonade that you sold,? etc.
Homework/Assignments
Students will use their worksheets to study for their
upcoming test (economics vocabulary is used in the
worksheet).