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					LESSON PLAN TEMPLATE
  General Information
  Instructor:                   Lesson:
  Mary-Beth Barker              Initial Costs (other than mortgage) in home buying
  Course:                       Time:
  Essentials Mathematics 40s    1 hour
  Learning Module/Unit:         Next Lesson:
  Home Finance                  Costs in maintaining a home
  Safety Notes: Emergency exits
  Some student may have emotional baggage to do with home buying

  Lesson Focus
  Lesson Goal:
  Understand additional cost involved in home buying
  List specific outcomes required to achieve the lesson goal
  12E6.H.1. Solve problems involving the purchase and maintenance of a house.i
        List 8 initial costs in buying a home (other than the mortgage)
        Calculate the land transfer tax on variety of prices of houses
               o changes in home insurance costs
               o property taxes for part of a year
               o the ratio of total additional costs to purchase price
        Recall the process for calculating land transfer tax
        Apply calculations in a given scenario
        Justify cost choices in a given scenario
  Rationale:
        This is part of the Home Finance unit in the Manitoba Essential Mathematics
         curriculum. It is required.
        Most adults in Manitoba own or want to own a house. Many people in Canada
         have a heavy personal debt load. This unit, and all the lessons within it, help
         students learn about managing money in the real world.
  Required Materials
  Handouts:
  list any handouts students receive in class
  Presentation Materials:
  Whiteboard, whiteboard markers
  Computer and projector
  Resources:
  list any resources students can explore during or after lesson
  Technology:
  Students should have calculators
  Lesson Outline
  Guiding Questions:

  Focusing Event:
  Brainstorming costs of moving
  Lesson Delivery:
  List instructional methods & activities: lecture, demonstration)
  Discussion
  Direct learning
  Lecture and questioning
Guided Practice:
List student activities: individual or group activities
Lesson Closure:
Review and summarize the main points of the lesson
Opportunity for Independent Practice:
Assignment for marks
Related Evaluation:
Enter evaluated work this lesson is linked to


            i
                http://www.edu.gov.mb.ca/k12/cur/math/outcomes/index.html

				
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posted:8/5/2012
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