Revised By: Jennifer Brower, April 2007 Originally Created By: Jennifer Brower, Sandy Dewing, Mary Beth Johnson, & Beth Turnpaugh, June 2005 Weslandia 1 Economics and Inquiry Lesson: Weslandia Introduction In this lesson, use the children’s book, Weslandia, to introduce and reinforce the key economic concepts of productivity, opportunity costs, money, and interdependence. Students will be using classroom supplies to invent a new product. Students will participate in a word-building activity. They will use note-taking skills to apply vocabulary knowledge. As a culminating activity, students compose an expository/descriptive writing piece. Content Standards Information Literacy Standard Standard 3: The student who is information literate uses information accurately and creatively. Indicator 2. Integrates new information into one’s own knowledge Indicator 3. Applies information in critical thinking and problem solving Language Arts Indiana Academic Standard 4.2.6: Distinguish between cause and effect and between fact and opinion in informational text. Indiana Academic Standard 4.3.3: Use knowledge of the situation, setting, and a character’s traits, motivations, and feelings to determine the causes for that character’s actions. Indiana Academic Standard 5.4.1: Discuss ideas for writing, keep a list or notebook of ideas, and use graphic organizers to plan writing. Indiana Academic Standard 5.4.5: Use note-taking skills. Indiana Academic Standard 5.4.8: Review, evaluate, and revise writing for meaning and clarity. National Council on Economic Education Standard Standard 1: Productive resources are limited. Therefore, people cannot have all the goods and services they want; as a result, they must choose some things and give up others. Revised By: Jennifer Brower, April 2007 Originally Created By: Jennifer Brower, Sandy Dewing, Mary Beth Johnson, & Beth Turnpaugh, June 2005 Weslandia 2 Benchmark #7: The opportunity cost of a choice is the value of the best alternative given up. Benchmark #14: Entrepreneurs are people who organize other productive resources to make goods and services. Standard 14: Entrepreneurs are people who take the risks of organizing productive resources to make goods and services. Profit is an important incentive that leads entrepreneurs to accept risks of business failure. Benchmark #2: An invention is a new product. Innovation is the introduction of an invention into a use that has economic value. Benchmark #3: Entrepreneurs often are innovative. They attempt to solve problems by development and marketing new or improved products. Objectives The students will: 1. Identify the opportunity costs of choices made. 2. Identify the main character’s entrepreneurial characteristics. 3. Create a new product related to the story. 4. Define interdependence, entrepreneur, productivity, opportunity cost, money, goods, and services. 5. Write a combined expository/descriptive piece. Time Required 90 Minutes (two 45 minute sessions) Materials 1. Copy of Job Cards 2. Copy of Weslandia by Paul Fleischman 3. Economic Vocabulary Handout v1 – blank copy for each student 4. One transparency of the Economic Vocabulary Handout WITH definitions 5. Working with Words Handout – teacher copy 6. Option: blank Working with Words Handout and Letter Cards for each group 7. Writing Rubric 8. Graphic Organizer 9. Seed Packet Samples 10. Blank 6x9 Manila Envelopes – one per student 11. Art box supplies Revised By: Jennifer Brower, April 2007 Originally Created By: Jennifer Brower, Sandy Dewing, Mary Beth Johnson, & Beth Turnpaugh, June 2005 Weslandia 3 Procedure Hook Activity (Teacher’s Note: Do not use the economic term “interdependence” until AFTER the word building activity.) 1. On the board introduce by example (Job = Artist; Goods = paints, paintbrushes, paper; Products/Service = paintings, sculptures); have students brainstorm additional jobs, goods and products. 2. Explain to the students that they are to discover the goods used by the job on their card, as well as the products that are produced or the services provided. 3. Distribute the 15 Job Cards to students. Allow students 5 minutes to work individually or with a partner to record the goods, products, and/or services of the job card. 4. Give 5-10 minutes to share groups’ findings. 5. Cause and Effect: Ask the class, “What would the effect be if the farmer could not provide any milk/eggs to the baker?” “What if the truck driver doesn’t arrive with the supplies the carpenter requires?” Encourage the class to openly discuss the possibilities. Lesson 6. Randomly tape each interdependence card, letter side showing, to the board. Ask students to rearrange letters to create words. Guide class to discovering the bonus word of INTERDEPENDENCE. (Use the working with Words teacher copy to help. a. Option: Divide students into small groups. Give one copy of the blank “Working with Words” page and the “Letter Cards” page to each group. Students will need to carefully cut the letter cards apart. For 5-7 minutes, have groups build as many words as possible. Come back together as a class to discuss correct words. Ask, “Did anyone discover our bonus word?” 7. Upon discovering the bonus word, ask them to use what they know about all the jobs – goods and services required by each one – to define the word “interdependence.” 8. Distribute the blank Economic Vocabulary Handout (the other handout includes the definitions for the teacher…make sure you use “v1”). Discuss definitions of the economic terms. Use examples to help students discover the meaning of the terms. Students will write each definition from the overhead of the Economic Vocabulary Handout WITH definitions on their own handout. 9. Explain to the students that as you read the story of Weslandia to them, they are expected to write examples of the economic terms. 10. Read Weslandia to the class. Revised By: Jennifer Brower, April 2007 Originally Created By: Jennifer Brower, Sandy Dewing, Mary Beth Johnson, & Beth Turnpaugh, June 2005 Weslandia 4 11. Discuss/Share the examples found. Encourage students to add examples not already on their papers. Assessment 1. Using the 6x9 manila envelopes, students will create a seed packet for an original plant. The plant should provide natural resources to be used in creating new products. Students should use the sample seed packets to design the packaging. The back should include a map of the growing zones, description of the plant, directions of how to grow the plant, and the products. 2. Hand out the Writing Rubric and the Graphic Organizer to each student. 3. Allow an appropriate amount of time to complete the project. Once projects are completed, students can take turns introducing their original plant ideas and seed packet writing to the class.