Lesson Plan: Price/Money

Subject: Math, Speaking, Listening, Social Studies

Grade: Kindergarten

Topic: Price/Money

Materials:

  1. Cookies
  2. Price tags and play money
  3. Essential Academic Learnings/Objectives:

    Math:

    1. Uses real objects to add and subtract

  4. Retells the process used to solve problems

Speaking:

  1. Takes turns speaking and listening
  2. Makes meaning clear

Listening:

  1. Recalls details after listening to speaker
  2. Looks at speaker and remains silent while speaker is talking

Social Studies:

  1. Matches products in stores to the needs or wants they meet
  2. Recognizes that money has value because it can be used to purchase goods and services

Activity:

  1. Ask students who they get goods they want (money).
  2. Ask students how people get money (jobs). Ask students about jobs they know of.
  3. Explain that children will be paid for being students.
  4. Show students a one-dollar bill and a five-dollar bill. Explain the difference between the two bills. Explain that students will be paid five dollars.
  5. Tell students they will have a chance to buy cookies.
  6. Place some cookies on a table and have students pretend it is a store. Place a price tag in front of the goods and have children explain the importance of price tags.
  7. Give students different amounts of money. Give some kids enough money and give others an amount that is not enough to buy a cookie.
  8. Students purchase cookies if they have enough money.

Conclusion:

Have students explain why they could, or could not buy a cookie. Ask them to explain how much they need and what they need to do in order to get enough money for a cookie (work/make money). Have students pretend they have worked and give them enough to buy a cookie.

Follow-Up Activities:

  1. Set up a bank in your classroom. Pay students for being students on a daily basis.
  2. Provide opportunities for students to practice buying goods.