1. Topic-
Market and Economic Systems
2. Content-
Definition of a budget and how to make one. Understanding price differential between similar products. Explain the role of buyers and sellers in determining prices of products.
3. Goals: Aims/Outcomes-
1.Understand what a budget is and how to use one.
2.Analyze why certain items cost more than others.
3.Justify why students chose different products and understand why they chose those products.
4. Objectives-
1.Students will have to understand what a budget is and will have to apply this topic to a camping trip.
2.Students will have to work in individually and in groups in choosing which objects are most important to them based on price.
3.Students will have to write a few short essays in conclusion of the project.
5. Materials and Aids-
Worksheet, power point, calculator, pencil
6. Procedures/Methods-

A. Introduction-

1.I will start by telling the students about a camping trip.
2.They will be going on a camping trip themselves.
3.They will then be going on a camping trip with a group of their classmates.

B. Development-

1.In their handout will be a story of a camping trip. It will tell exactly how many nights they will be camping and an exact budget that they will need to follow.
2. I will demonstrate with my power point all of the instructions necessary to complete the lesson.

C. Practice-

1.After the students are told the directions they will begin by working on their own and completing the worksheets by themselves.
2.They will then get with their assigned group and compare their answers with the group and then come up with one sheet that is just for the group.
3.Lastly, they will present their worksheets to the class and explain their choices.

D. Independent Practice-

1.Complete the worksheet to check for understanding.
2.Complete a few short essay questions to further check for understanding on the content matter.

E. Accommodations (Differentiated Instruction)-

1.Reading assignment out loud.
2.Give examples along the way if there are any questions.

F. Checking for understanding-

1.The students will all have a chance to speak in front of the class about why they chose the products they decided in with their groups so I can make sure they understand the objective.
2.Next, they will complete short answer questions on what a budget is, why they chose their original items, if they would change their minds after working with the group, why is it that items that are similar can be different prices.

G. Closure-

1.I will give the correct answers to the class at the very end of class for the worksheet part of the assignment.
2. Then I will go over price structure one last time to make sure that everyone understands why prices may vary.
7. Evaluation-
1.Correct the essays and make sure that the topic at hand is completely understood.
2.If the students are able to speak about what they have learned and if they have a better understanding of a budget and price differential by completing a fun exercise.
8. Teacher Reflection-
I would want to look back and make sure everyone was participating and enjoying the lesson. I would make sure every student was paying attention and was allowed to speak during the class presentations. If the short answer essays seem to grasp the topic then the lesson was a good one.

This Lesson Plan is available at (www.teacherjet.com)