Money - 2nd Grade

Let's Plan a Picnic:

A lesson about money

Subject: Mathematics

Time: 45 minutes

Grade Level: 2^nd

Standard:

• Standard 2-5: The student will demonstrate through the mathematical processes an understanding of the value of combinations of coins and bills and the measurement of length, weight, time, and temperature.
  • Indicators:
    • 2-5.1 Use a counting procedure to determine the value of a collection of coins and bills.
    • 2-5.2 Use coins to make change up to one dollar.
• Standard 2-2: The student will demonstrate through the mathematical processes an understanding of the base-ten numeration system; place values; and accurate, efficient, and generalizable methods of adding and subtracting whole numbers.
  • Indicators:
    • 2-2.7 Generate strategies to add and subtract pairs of two-digit whole numbers with regrouping.

Behavioral Objectives:

• TSW demonstrate knowledge of computation with money by adding items found in a grocery store circular.
• TSW analyze different prices and items in store circulars and select items that fit in to a 15 dollar budget and their personal preferences.

Materials:

• Alexander, Who Used to Be Rich Last Sunday by Judith Viorst
• Supermarket circulars
• Picnic Basket worksheet
• Calculator
• ‘Let’s Plan a Picnic’ Worksheet
• Scissors
• Glue Sticks
• Smart Board Presentation – Money Lesson

Procedure:

• TTW read Alexander, Who Used to Be Rich Last Sunday by Judith Viorst
• TSW sit on the carpet and one student will be called up to the chart to cross off the amount of cents that Alexander used with each activity.
• TTW present the Money Smart Board presentation.
• Students will be called to the board to:
  • Write the name of the coin and its amount.
  • Use coins to equal the cost of items.
• TSW break off into their groups for small group instruction.
• In groups:
  • TTW present the “Let's Plan a Picnic” activity.
  • TTW give each student a supermarket circular.
  • TTW give each student a picnic basket handout.
  • TTW explain that the students will be planning a picnic and are to spend fifteen dollars creating a lunch to go in their picnic basket.
  • TSW pick out items to go in their picnic basket, cutting them out and pasting them on to the picnic basket handout.
  • TSW receive a calculator to add their amounts.
  • TSW write what the item is and how much it costs on their second Let's Plan a Picnic worksheet.
    • Differentiation:
      • Group One:
        • TSW have twenty dollars to spend.
        • TSW find three items to add together and put in their basket.
      • Group Two:
        • TSW have fifteen dollars to spend.
        • TSW find four or more items to add and put in their basket.
        • TSW find the amount they have left and if they could buy anything else with it.
      • Group Three:
        • TSW have fifteen dollars to spend.
        • TSW find five or more items.
        • TSW add their total and determine how much they have left. If they have any left, they need to buy more.

Assessment:

Let's Plan A Picnic Worksheet:

• Red group:
  • The red group will select and cut out three or more items and calculate their total.
• Yellow group:
  • The yellow group will select and cut out four or more items and calculate their total. They will also write how much money they have left.
• Green group:
  • The green group will select and cut out five or more items and add their total. They will determine how much money they have left, and if they have any more left they will need to see if any other items will fit in their budget.