Lesson Plan


World Currency & Exchange
Patrick Roth


Introduction	Standards	Objectives	Activities	Assessment	Results	Resources


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	Introduction Students will be required to learn about the Federal Reserve system and how the system controls the nations monetary supply. First, Students will be assessed on their present knowledge of the American banking system through an informal classroom discussion. Then after the teacher presents an overview of the Federal Reserve system, students will be required to go online to read articles on the Federal Reserve, asked to research other forms of currency, learn vocabulary, and finally be assessed on the information. Subject: Global Government/Economics Topic: Currency Grade Level: 12 Student Lesson name and URL: History and Uses of Money top Standards Addressed California State Standard: 12.3 Grade: 12 Principles of International Economics 12.3 Students analyze the influence of the federal government on the American economy. 4. Understand the aims and tools of monetary policy and the influence on economic activity (e.g., the Federal Reserve) top Instructional Objectives Students will be able to identify the different types of currency in today's global economy and to identify the uses of various forms of currency and how the Federal Reserve regulates these currencies top Student Activities top Introductory Activity Following a teacher lecture and student note taking on the American Federal Reserve, students will be required to read the following text on the American monetary system by linking to the site listed below. Read Part III and follow the outline for section III.. It is recommended that students mark this page for future reference and enrichment or review. Part III. The Modern American Monetary System 1. The Federal Reserve 2. Components of the Money Supply 3. Decentralized Banking Money Creation Clearing The Money Multiplier The Modern Banking System: Summary 4. Federal Reserve Control of the Money Supply top Enabling Activity(ies) Students will learn how to interpret exchange rates and discover the main monetary system for other countries throughout the world by linking to the following site. This site will be used for reference in the culminating activity. http://www.rubicon.com/passport.html Description: This web site gives currency exchange rates, time zones, travel information, and American Embassy contacts and data. Comments: This is a commercial site but it is great to use for information. At this site students will practice memorizing related banking terms with flatcars, word searches and the game concentration. http://www.quia.com/jg/16888.html Description: This web site is a game site to practice vocabulary. top Culminating Activity Students will create a chart and write a description of how an increase in monetary reserves leads to the creation of new money in a banking system like the modern American one. top Assessment Insert your grading rubric for the culminating activity or a link to your rubric or test document file. top Results After implementing your lesson (sometime between January & March), insert a chart of your pre-test, post-test, and culminating assessment data. top Web Resources & Supplementary Materials Introductory Activity List and link the web resources for this activity here. Also link supplementary materials such as PDF files and /or document files. Enabling Activity List and link the web resources for your learning activity(ies) here. Also link supplementary materials such as PDF files and /or document files. Culminating Activity List and link the web resources for your culminating activity here. Also link supplementary materials such as PDF files and /or document files. top Patrick Roth: proth4@juno.com Galt High School: http://www.ghsd.k12.ca.us/ghs/ghs.asp 145 N. Lincoln Way Galt, CA. 95632 (209) 745-3081 Last Revised: 08/18/2000