1. Topic-
The Functions of Money
2. Content-
Medium of Exchange, Unit of Account, Store of Value
3. Objectives-
1. List the 3 functions of money.
2. Define the 3 functions of money.
3. Give 1 example of each function of money in action.
4. Procedures/Methods-

A. Introduction-

1. Writing prompt on the board about money.
2. List of responses generated on the board

B. Development-

1. Overview of the 3 roles that money has in the U.S. Economy
2. List of student responses on the board from "bell ringer" activity are separated into 3 separate categories (each category represents one of the functions of money)

C. Practice-

1. Independent work
- Individual activities where students are instructed to think on their own can potentially provide an excellent demonstration of a way to gauge how well each student understands the concepts/ideas being introduced in the lesson. Also, since economics is an area of study that falls under the umbrella of the Social Sciences, indefinite answers/solutions to problems typically do not exist ** The concepts/ideas that are in practice are constructed from a using a variety of methods/techniques that include predictions, moral/logical reasoning, and historical analyses based on general patterns and behaviors in American society.

D. Independent Practice-

1. Homework ???

E. Checking for understanding-

1. Formative Assessment (informal method of assessment) Very brief activity or question to gauge how well the class [more generally] understands each new idea/concept
2. Group activities will give students an opportunity to socially interact with their peers listen to a range of different perspectives on the same topic/issue and holds great potential for learning/reinforcing new concepts.

F. Closure-

1. {{CLOSING ACTIVITY}} [THE CLASS WILL BE ASSIGNED TO (individually) come up with an example highlighting one of three particular functions of money (cannot be an example used in class - class will be assigned a function by the teacher quickly splitting the class into thirds).
2. Each
7. Evaluation-
1. Summative Assessment - Formal Assessment ---- Homework assignment, mini-project

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