VIEWS: 13 PAGES: 14 POSTED ON: 11/6/2012
Business Math Lesson Plan Subject: Business Math Grade Level: 10-12th grade Lesson Topic: 6.1 Borrowing to Buy a Home Lesson Purpose: Knowledge of calculating amounts to buy a home Students’ performance/learning objective: Cognitive- Students will be able to calculate interest, mortgage costs, and payments. Affective-Students will be able to use what they have learned to help others who have questions in regards to buying a home. Psychomotor- Students will be able to explain how to calculate cash needed to buy a home and interest costs. Literacy/Language objective: The students will listen to the meanings of the vocabulary words that have to do with starting a PowerPoint. The students will read through their lecture packet and the power points to determine the meanings of the terms. The students will speak during class and in groups working through the problems and asking questions about what they are doing in the lesson. The students will write the vocabulary words and the formulas not already included in the lecture packet. They will also write the steps to each problem to use to apply to their assignments. Resources: Lecture Packet Power Points Assignment Methods: (the times for the sections will vary; however, they will follow the schedule of the unit on the Assignments for Math sheet) A. Getting started The students will be asked to fill out the pre-assessment. B. The learning We will go through the slides for 6.1. The lecture packets follow the slides. Students are to keep notes in the lecture packets. I will go through the examples as a class. The check for understanding parts, I will have the students work in groups of 2-3 to come up with the correct answer and then we will go over the answer as a class. C. Wrapping it up I will ask if there are any questions. The students will have 10 - 15 minutes every day to work on the assignment and ask questions D. Evaluating/Assessing students’ achievement regarding the learning objectives (10 minutes) In class check for understanding Assignment given E. Students’ assignment (10 - 15 minutes) The students will complete a webquest in groups of two. http://www.yorkville.k12.il.us/webquests/HomeBuying/HomeBuying.html They will turn in the worksheet that comes with the webquest. Modifications/Provisions made for students’ individual differences: I made sure to allow time for students who may need extra instruction I have made sure to notify students of other times I am available for one-on-one instruction. Elements that were particularly good include: The students enjoyed the power points. Visuals work well for this class. Potential changes to consider include: I would consider adding a short YouTube video or comic strip to the beginning to help get the students interested in learning before the class starts. Technology included in this lesson: Web quests on computer PowerPoint Smart Board Websites Business Math Lesson Plan Subject: Business Math Grade Level: 10-12th grade Lesson Topic: 6.2 Renting or Owning a Home Lesson Purpose: Knowledge of the importance of renting or owning a home. Students’ performance/learning objective: Cognitive- Students will be able to explain the way to calculate the costs of owning a home vs. renting. Affective-Students will be able compare the costs of owning and renting. Psychomotor- Students will be able to analyze the data involved in owning and renting. Literacy/Language objective: The students will listen to the meanings of the vocabulary words that have to do with starting a PowerPoint. The students will read through their lecture packet and the power points to determine the meanings of the terms. The students will speak during class and in groups working through the problems and asking questions about what they are doing in the lesson. The students will write the vocabulary words and the formulas not already included in the lecture packet. They will also write the steps to each problem to use to apply to their assignments. Resources: Lecture Packet Power Points Assignment Methods: (the times for the sections will vary; however, they will follow the schedule of the unit on the Assignments for Math sheet) A. YouTube buy vs. Rent video http://www.youtube.com/watch?v=tfw6CFI4oqU&feature=related B. Getting started a. The students will be asked a couple questions about the information from 6.1. i. Question -What formula do you use to calculate the mortgage loan? ii. Answer- Mortgage loan=purchase price – down payment iii. Question - Why did we learn this formula? iv. Question- How do you decide to buy vs. renting? ( this leads in to today) C. The learning a. We will go through the slides for 6.2. The lecture packets follow the slides. Students are to keep notes in the lecture packets. b. I will go through the examples as a class. c. The check for understanding parts, I will have the students work in groups of 4-5 to come up with the correct answer. We will use this time to see which group can work as a team and finish fastest. Then we will go over the answer as a class. d. I will continue to ask if the students understand. D. Wrapping it up a. I will ask if there are any questions. b. The students will have 10 - 15 minutes every day to work on the assignment and ask questions E. Evaluating/Assessing students’ achievement regarding the learning objectives (10 minutes) a. In class check for understanding b. Assignment given (The assignment can be found on the Assignments for Math schedule) F. Students’ assignment (10 - 15 minutes) a. The students will search the internet for advice on renting vs. buying. They create a PowerPoint on what they find and submit it into Moodle. Modifications/Provisions made for students’ individual differences: I made sure to allow time for students who may need extra instruction I have made sure to notify students of other times I am available for one-on-one instruction. Elements that were particularly good include: The students enjoyed the power points. Visuals work well for this class. Potential changes to consider include: I would add a comic strip to the beginning to help get the students get interested at the beginning. Technology included in this lesson: YouTube PowerPoint Smart Board Websites Business Math Lesson Plan Subject: Business Math Grade Level: 10-12th grade Lesson Topic: 6.3 Property Taxes Lesson Purpose: Knowledge of property taxes and calculating the decimal tax rates Students’ performance/learning objective: Cognitive- Students will apply the information obtained through the lecture to calculate the property taxes needed for government agencies. Affective-Students will be able to explain to others how the need for property taxes is in the calculation for government agencies. Psychomotor- Students will be able to explain the decimal tax rate. Literacy/Language objective: The students will listen to the meanings of the vocabulary words that have to do with starting a PowerPoint. The students will read through their lecture packet and the power points to determine the meanings of the terms. The students will speak during class and in groups working through the problems and asking questions about what they are doing in the lesson. The students will write the vocabulary words and the formulas not already included in the lecture packet. They will also write the steps to each problem to use to apply to their assignments. Resources: Lecture Packet Power Points Assignment Methods: (the times for the sections will vary; however, they will follow the schedule of the unit on the Assignments for Math sheet) A. Getting started a. The students will be asked a couple questions about the information from 6.2. i. Question -What formula do you use to calculate the first year net cost? ii. Answer- Net for the 1st year = total expenses – tax reductions iii. Question - What some advantages to renting? iv. Answer - No down payment, earn interest on down payment money, and more predictable major housing costs. v. Question- How do you think property taxes plays into the costs of the homeowner?( this leads in to today) vi. Question - In the end do you think some property taxes benefit all? (leads into today) B. The learning a. We will go through the slides for 6.3. The lecture packets follow the slides. Students are to keep notes in the lecture packets. b. I will go through the examples as a class. c. The check for understanding parts, I will have the students work in groups of 2-3 to come up with the correct answer and then we will go over the answer as a class. C. Wrapping it up a. I will ask if there are any questions. b. The students will have 10 - 15 minutes every day to work on the assignment and ask questions D. Evaluating/Assessing students’ achievement regarding the learning objectives (10 minutes) a. In class check for understanding b. Assignment given (The assignment can be found on the Assignments for Math schedule) E. Students’ assignment (10 - 15 minutes) a. In groups of 3, students will go to http://taxes.state.mn.us/property/pages/index.aspx and come up with three questions about Property Taxes. They will enter the questions on the sticky note of each student’s computer. (They will be numbered) Each group will give the teacher the answers. After this is complete, the students will go to each computer and write down their answer. b. The next day the class will go over the answers. Modifications/Provisions made for students’ individual differences: I made sure to allow time for students who may need extra instruction I have made sure to notify students of other times I am available for one-on-one instruction. Elements that were particularly good include: The students said it was easier to see the problems in steps then just using the formula on the power points. Visuals work well for this class. This lesson went really well the class caught on fast and I had a high level of participation. Potential changes to consider include: If there is enough time I will have the students’ research and find the correct answers to the assignment. Technology included in this lesson: YouTube PowerPoint Smart Board Websites Sticky Notes (Computer Software) Business Math Lesson Plan Subject: Business Math Grade Level: 10-12th grade Lesson Topic: 6.4 Property Insurance Lesson Purpose: Knowledge of calculating renter’s insurance and property owners insurance. Students’ performance/learning objective: Cognitive- Students will be able to show the calculations discussed in the lecture. Affective-Students will be able to discuss with others property insurance and insurance claims. Psychomotor- Students will be able to describe how to calculate the insurance premiums and the amount insurance companies will pay on claims. Literacy/Language objective: The students will listen to the meanings of the vocabulary words that have to do with starting a PowerPoint. The students will read through their lecture packet and the power points to determine the meanings of the terms. The students will speak during class and in groups working through the problems and asking questions about what they are doing in the lesson. The students will write the vocabulary words and the formulas not already included in the lecture packet. They will also write the steps to each problem to use to apply to their assignments. Resources: Lecture Packet Power Points Assignment Methods: (the times for the sections will vary; however, they will follow the schedule of the unit on the Assignments for Math sheet) A. Getting started a. The students will be asked a couple questions about the information from 6.3. i. Question -What is the formula to calculate the decimal tax rate? ii. Answer- Decimal tax rate = Amount to be raised by property taxes/ total assessed value iii. Question - Who uses this formula? iv. Answer - Schools, counties, fire departments, cities, libraries. v. Question- Why would you need property insurance? (leads into today) B. The learning a. We will go through the slides for 6.4. The lecture packets follow the slides. Students are to keep notes in the lecture packets. b. I will go through the examples as a class. c. The check for understanding parts, I will have the students work in groups of 3-4 to come up with the correct answer the fastest and then we will go over the answer as a class. C. Wrapping it up a. I will ask if there are any questions. b. The students will have 10 - 15 minutes every day to work on the assignment and ask questions D. Evaluating/Assessing students’ achievement regarding the learning objectives (10 minutes) a. In class check for understanding b. Assignment given (The assignment can be found on the Assignments for Math schedule) E. Students’ assignment (10 - 15 minutes) a. What are some of the property insurance options? The students will research and find out what types of things can be covered in Property/Homeowners insurance. Modifications/Provisions made for students’ individual differences: I made sure to allow time for students who may need extra instruction I have made sure to notify students of other times I am available for one-on-one instruction. Elements that were particularly good include: The students enjoyed the power points. Visuals work well for this class. The students were able to understand this quickly. Potential changes to consider include: I would add a short YouTube video or comic strip to the beginning to help get the students interested. Technology included in this lesson: PowerPoint Smart Board Websites Business Math Lesson Plan Subject: Business Math Grade Level: 10-12th grade Lesson Topic: 6.5 Buying a car Lesson Purpose: Knowledge of calculating amounts to buy a car Students’ performance/learning objective: Cognitive- Students will explain what the MSRP is and how to determine the cost of the car. Affective-Students will be able to answer questions about buying a car and the MSRP to others. Psychomotor- Students will be able to describe the terms involved in purchasing a car. Literacy/Language objective: The students will listen to the meanings of the vocabulary words that have to do with starting a PowerPoint. The students will read through their lecture packet and the power points to determine the meanings of the terms. The students will speak during class and in groups working through the problems and asking questions about what they are doing in the lesson. The students will write the vocabulary words and the formulas not already included in the lecture packet. They will also write the steps to each problem to use to apply to their assignments. Resources: Lecture Packet Power Points Assignment Methods: (the times for the sections will vary; however, they will follow the schedule of the unit on the Assignments for Math sheet) F. Getting started a. The students will be asked a couple questions about the information from 6.4. i. Question -How do we calculate the premium when we have a rate per $100? ii. Answer- 1st we need to calculate the # of $100 units (insured amount / $100) 2nd we take the #of $100 units x the rate iii. Question - How many of you pay a insurance premium on a car?(leads in to today) iv. Question - How many of you want to buy a car someday? (leads in to today) v. Question - How many of you know how the dealers come up with amount they sell the car to you for? (leads to today) G. The learning a. We will go through the slides for 6.5. The lecture packets follow the slides. Students are to keep notes in the lecture packets. b. I will go through the examples as a class. c. The check for understanding parts, I will have the students work in groups of 2 to come up with the correct answer and then we will go over the answer as a class. d. Students will research on the internet i. They will find a car, apartment, or home. ii. They will come up with monthly payments (using current interest rates) iii. They will also come up with other expenses they would have. iv. They will type a ½ to 1 page about their purchase or what they are renting. Explaining how they came up with the numbers. ( Uses what they learned so far in Chapter 6) – Participation points H. Wrapping it up a. I will ask if there are any questions. b. The students will have 10 - 15 minutes every day to work on the assignment and ask questions I. Evaluating/Assessing students’ achievement regarding the learning objectives (10 minutes) a. In class check for understanding b. Assignment given (The assignment can be found on the Assignments for Math schedule) J. Students’ assignment (10 - 15 minutes) a. Students will find a car that is for sale. Then they will see if they can find the registration fees and the tabs and plate fees. They also need to look what the current sales tax is for the state. They will present it to their group of three using Jings. Modifications/Provisions made for students’ individual differences: I made sure to allow time for students who may need extra instruction I have made sure to notify students of other times I am available for one-on-one instruction. Elements that were particularly good include: Visuals work well for this class. Potential changes to consider include: I would add a short YouTube video or comic strip to the beginning to help get the students interested. Technology included in this lesson: Jings PowerPoint Smart Board Websites Business Math Lesson Plan Subject: Business Math Grade Level: 10-12th grade Lesson Topic: 6.6 Depreciating a Car Lesson Purpose: Knowledge of calculating the depreciation of the car purchased Students’ performance/learning objective: Cognitive- Students will apply the information obtained through the lecture in the assignment and in the check for understanding.. Affective-Students will be able to explain to others what depreciation is and why it is used. Psychomotor- Students will be able to explain how to calculate annual depreciation on a car. Literacy/Language objective: The students will listen to the meanings of the vocabulary words that have to do with starting a PowerPoint. The students will read through their lecture packet and the power points to determine the meanings of the terms. The students will speak during class and in groups working through the problems and asking questions about what they are doing in the lesson. The students will write the vocabulary words and the formulas not already included in the lecture packet. They will also write the steps to each problem to use to apply to their assignments. Resources: Lecture Packet Power Points Assignment Methods: (the times for the sections will vary; however, they will follow the schedule of the unit on the Assignments for Math sheet) K. Getting started a. The students will be asked a couple questions about the information from 6.5. i. Question -What is the MSRP? ii. Question -How did we determine the Balance Due? iii. Answer - Delivered price – down payment = Balance due iv. Question - Have any of you heard of depreciation? If so what have you heard?(leads in to today) v. Question - What do you know about the value of a car? (leads in to today) L. The learning a. We will go through the slides for 6.6. The lecture packets follow the slides. Students are to keep notes in the lecture packets. b. I will go through the examples as a class. c. The check for understanding parts, I will have the students work in groups of 2-3 to come up with the correct answer and then we will go over the answer as a class. M. Wrapping it up a. I will ask if there are any questions. b. The students will have 10 - 15 minutes every day to work on the assignment and ask questions N. Evaluating/Assessing students’ achievement regarding the learning objectives (10 minutes) a. In class check for understanding b. Assignment given (The assignment can be found on the Assignments for Math schedule) O. Students’ assignment (10 - 15 minutes) a. The students will use Excel to calculate the depreciation. They will submit it in Moodle. Modifications/Provisions made for students’ individual differences: I made sure to allow time for students who may need extra instruction I have made sure to notify students of other times I am available for one-on-one instruction. Elements that were particularly good include: The students enjoyed the power points. Visuals and repetition work well for this class. Potential changes to consider include: I would add a short YouTube video or comic strip to the beginning to help get the students interested. Technology included in this lesson: PowerPoint Smart Board Excel Business Math Lesson Plan Subject: Business Math Grade Level: 10-12th grade Lesson Topic: 6.7 Car Insurance Lesson Purpose: Knowledge of car insurance and what is included Students’ performance/learning objective: Cognitive- Students will apply the information obtained through the lecture to calculate the annual premium of car insurance. Affective-Students will be able to explain to others the difference types of coverage included in car insurance. Psychomotor- Students will be able to describe the differences between the coverage of car insurance. Literacy/Language objective: The students will listen to the meanings of the vocabulary words that have to do with starting a PowerPoint. The students will read through their lecture packet and the power points to determine the meanings of the terms. The students will speak during class and in groups working through the problems and asking questions about what they are doing in the lesson. The students will write the vocabulary words and the formulas not already included in the lecture packet. They will also write the steps to each problem to use to apply to their assignments. Resources: Lecture Packet Power Points Assignment Methods: (the times for the sections will vary; however, they will follow the schedule of the unit on the Assignments for Math sheet) P. Getting started a. The students will be asked a couple questions about the information from 6.6. i. Question -What is the resale value? ii. Answer -The market value, or the amount you get when you sell the car to someone else. iii. Question -What is straight-line depreciation? iv. Answer - Loss of value as the car ages v. Question - What types of things are included in car insurance? (leads in to today) vi. Question - What does $25/50,000 mean? (leads in to today) Q. The learning a. We will go through the slides for 6.7. The lecture packets follow the slides. Students are to keep notes in the lecture packets. b. I will go through the examples as a class. c. The check for understanding parts, I will have the students work in groups of 2 to come up with the correct answer and then we will go over the answer as a class. R. Wrapping it up a. I will ask if there are any questions. b. The students will have 10 - 15 minutes every day to work on the assignment and ask questions S. Evaluating/Assessing students’ achievement regarding the learning objectives (10 minutes) a. In class check for understanding b. Assignment given (The assignment can be found on the Assignments for Math schedule) T. Students’ assignment (10 - 15 minutes) a. The students will research possible companies that offer car insurance and they will type a list of the companies and different coverage using Word. They will submit the assignment in Moodle. Modifications/Provisions made for students’ individual differences: I made sure to allow time for students who may need extra instruction I have made sure to notify students of other times I am available for one-on-one instruction. Elements that were particularly good include: The students enjoyed the power points. Visuals work well for this class. Potential changes to consider include: I would add a short YouTube video or comic strip to the beginning to help get the students interested. Technology included in this lesson: Moodle PowerPoint Smart Board Websites Word Business Math Lesson Plan Subject: Business Math Grade Level: 10-12th grade Lesson Topic: 6.8 Car Purchases and Leases Lesson Purpose: Knowledge of calculating car purchases and leases and determining the best deal. Students’ performance/learning objective: Cognitive- Students will compute the costs of buying and leasing. Affective-Students will be able to use what they have learned to compare purchasing a car with leasing to others. Psychomotor- Students will be able to analyze the information to decide if it is a better deal to purchase or lease. Literacy/Language objective: The students will listen to the meanings of the vocabulary words that have to do with starting a PowerPoint. The students will read through their lecture packet and the power points to determine the meanings of the terms. The students will speak during class and in groups working through the problems and asking questions about what they are doing in the lesson. The students will write the vocabulary words and the formulas not already included in the lecture packet. They will also write the steps to each problem to use to apply to their assignments. Resources: Lecture Packet Power Points Assignment Methods: (the times for the sections will vary; however, they will follow the schedule of the unit on the Assignments for Math sheet) U. Getting started a. The students will be asked a couple questions about the information from 6.7. i. Question -What is the collision insurance? ii. Answer -covers damage to your own motor vehicle iii. Question -What is comprehensive coverage? iv. Answer - covers damage or loss to your vehicle from theft, fire, vandalism, hail, and other causes. v. Question - What would you look at in order to decide if you would purchase or lease? (leads in to today) V. The learning a. We will go through the slides for 6.8. The lecture packets follow the slides. Students are to keep notes in the lecture packets. b. I will go through the examples as a class. c. The check for understanding parts, I will have the students work in groups of 3-4 to come up with the correct answer and then we will go over the answer as a class. W. Wrapping it up a. I will ask if there are any questions. b. The students will have 10 - 15 minutes every day to work on the assignment and ask questions X. Evaluating/Assessing students’ achievement regarding the learning objectives (10 minutes) a. In class check for understanding b. Assignment given (The assignment can be found on the Assignments for Math schedule) Y. Students’ assignment (10 - 15 minutes) a. In groups of two, students will research the benefits of leasing. They will type up the pros and cons in google docs in a shared document. They will both submit it to Moodle. Modifications/Provisions made for students’ individual differences: I made sure to allow time for students who may need extra instruction I have made sure to notify students of other times I am available for one-on-one instruction. Elements that were particularly good include: The students enjoyed the power points. Visuals work well for this class. Potential changes to consider include: I would consider adding a short YouTube video or comic strip to the beginning to help get the students interested. Technology included in this lesson: Google docs Moodle PowerPoint Smart Board Websites