Artifact Proposal Name: Anne Bidwell Content Area: Secondary Social Studies Tool: (circle one): Content Exploration Communication Production Data Collection & Analysis Personal Productivity Copy and paste the case and the standards into the cells below: Case: Ms. Matthews needs to explain the Circular Flow Model of a market economy to her High School economics class. The Circular Flow Model is a "picture" of a market economy in action. The Factors of Production (land, labor, capital and entrepreneurship) flow from households (consumers like you and me) to producers (businesses). Goods and services flow from producers to consumers and, in exchange, money flows in the opposite direction. Sometimes the economy flows slowly, which means there's a decrease in economic activity. Other times it flows more quickly, reflecting an increase. This is because there are lots of events and actions that can affect the flow. Ms. Matthews is finding it extremely difficult to represent these events and actions that make the market flow in an all-compassing way such that her students can develop a basic understanding of the Model. Ms. Matthews is your mentor and has specifically asked you to help her with this project. How can you help Ms. Matthews present this information in the most informative and concise manner. Standard(s): E.1.9 Diagram and explain a Circular Flow Model of a market economy, showing households and businesses as decision makers, resource and money flows, and the three basic markets – product, productive resources and financial markets. 1. Standard: a) Explain the standard or learning goal of the lesson in your own words This standard requires that students are able to explain how our economy works and the flow between production, households, and producers. They should be able to describe inflation and deflation and why that flow occurs. b) What is the technology side of the problem that needs to be addressed? The problem is finding a way to represent these actions and events that make the market flow in a way that the students understand the Model. c) Write a learning objective that relates to the standard/learning goal and the technology problem. NOTE: Need to revisit this at each step. Given the class discussion, assigned readings, Farmersi game, and YouTube tutorial, students will be able to identify what makes a market economy flow, what can affect it, and why that is on a multiple choice test, scoring no less than 75%. 2. Needs: What do you need in a resource or tool? a) Learners: Explain characteristics of learners (Grade level/ Gender/ Socioeconomic status/ Culture and ethnicity/ Existing knowledge of content/ Motivation/ Learning style/ Special needs/ Technology literacy) 10th grade students/ 15 males, 10 females/ Middle to upper class/ 16 Caucasians, 9 African Americans/ Moderate prior knowledge/ Low to middle motivation/ Class learns quickly but it’s hard to keep their attention sometimes/ No special needs/ High technology literacy b) Learning Environments Student Grouping: Individual/group work/whole class? Group work- Assigned partners- but there will be whole class discussions Time: How much time needed for this lesson? Five 50 minute class periods and possibly outside work. Resources: Describe the resources needed in the classroom environment Do you need teacher computer, projector, textbook, computer lab, etc.? Computer lab, projector, textbook Media: Describe the sources of information needed - Do you need any CD, DVD, pictures, maps, etc. (text/audio/image/audio +image) During the class discussion, I’ll use Powerpoint to put some slides up and the internet for the YouTube video and Farmersi game. 3. Options: a) What resources can you access that might address the problem? Resource Name FarmersiOnline Strategy Game Circular FlowTutorial on YouTube Capitalis m PlusVideoga me Where can you find it? http://farme rsi.net/index .php?idm=1 How could you use it? It’s an economic game, where students manage their virtual farms to grow crops, raise cattle, and make investments. With the same initial conditions, they try to develop their farms better and have higher profits than their opponents. Students have to take into account population number, immigration, unemployment, wages, number of land plots, land price and fertility, land tax, grain price on the local market, price of cows on the local market, bank loan availability, high-risk loans, and the minimum EP required. http://www. This video explains the circular flow model with youtube.co commentary, charts, and models. He explains it in a m/watch?v= very clear way that may erase some confusion that QSEuEPgQP students may have. C4 http://www. gamespot.co m/pc/strate gy/capitalis mplus/index .html CapitalismPlus is a simulation game which can be played in two different ways- the player may start their own business or play with a pre-made business. The student begins with initial capital and their store can be stocked with up to four different items. It’s necessary to take into account land cost, overhead, demand for the products, and competition. The student can build department stores, factories, research and development centers, farms, mines, oil wells, or even logging camps. Informati http://www. It’s an online business simulation game that allows stinformatist. students to have 16 different business fields to choose Business net/Navigati from, 80 different products that you can manufacture, Game on.aspx a choice between private or public companies, 35 Redefine different real estate areas to choose from, dynamic d stock market, business mergers and opportunities to form partnerships, and an extensive job pool to choose employers from. The http://www. An educational game that simulate macroeconomic Global worldgameo activity in a global context. Students are in charge of Economi feconomics. their nation’s economic policies. They are the chief cs Game- com/WorldE economic advisers to the president, legislature, and the Educatio conomicsGa central bank. The object of the game is to promote nal me.htm balanced economic growth without excessive pollution, Software while maintaining full employment without too much game inflation. Fiscal, trade, and monetary policies are used to avoid undesirable situations such as a depression or stagflation. b) Which three resources are you the least familiar with? Resource Name CapitalismPlus URL with info on how to use http://en.wikipedia.org/wiki/Capitalism_(computer_game) Farmersi Full Manuel- Introduction: http://farmersi.net/opis_gry.php?op=2&id=1&idm=2 http://www.minieconomy.com/product.html Informatist 4. What to use? a) Which of the tools you identified should be used? I’m going to use the YouTube tutorial and the Famersi game. b) How should these tools be used? (Provide a brief description of the activity) During the first class period, the class will have already done the assigned reading so they will watch the YouTube tutorial on the projector and I’ll give a lecture on the information while students take notes, ask questions, and discuss what they think about our current economy. They will be assigned to groups of two in which they will both have to bring a newspaper article into class the next time about the economy. For the next four class periods, they will be with their partners and play the Famersi game online during class. They are welcome and encouraged to continue playing at home at night to increase their profits. After those four class periods, during the next class, I’ll give out prizes to the top 5 partners who made the biggest profit and a paper will be due. The partners can write the paper together and it will just be a short 1-2 page summary of what they did in the game, what strategies they used- which ones worked and didn’t work, and how that relates to one of their newspaper articles they brought in on the second day. Also, there will be a multiple choice quiz on the class reading, lecture, and YouTube video. c) Provide links to existing examples of teacher or student work related to these tools or the activity you decided to use. Existing Example URL Brief Summary N/A d) What would you need to create in order to make this activity possible? (Example: Tutorial, interactive quiz, job aid, rubric, online forum, online survey) A powerpoint with lecture material on it, a rubric, a multiple-choice quiz, an instruction sheet on how to use the game. e) Are there any foreseeable problems in using this? Problem The game could be too complicated and one of the partners could slack off making the other partner do all the work. How it could be addressed I’ll play the game first to make sure it’s easy to play, and they won’t be graded on how well they do in the game. Also the partners will be graded individually and they will grade each other. 5. WhY to use? How does the approach you chose address… a) Effectiveness? b) Efficiency? The YouTube video will help speed up the student’s understanding because it’s a quick video that explains the economy in a different way then I will so the students will have the information explained to them in two different ways in one class period. c) Enhancement? The game will be an example of how the economy affects them in real-life and all the different factors that go into it and into having a business. They will also have to learn to work together and make business strategies with a partner. d) The goals (technology problem and learning objective you identified) Students will be able to identify what makes a market economy flow, what can affect it, and why that is students will be able to identify what makes a market economy flow, what can affect it, and why that is from the information presented in class and learning from the Farmersi game. Grading Rubric: completed by reviewer & instructor Question A. SNOWY questions answered... 0 3 With adequate Superficially or detail and with with components no components missing missing 5 Points Comments In significant detail and with no components missing Describes approach not connected to learning goal Describes approach connected to learning goal but approach not described in sufficient detail Describes approach connected to learning goal and approach described in sufficient detail C. Tool use... Missing Present but not significantly connected to learning goal Present and significantly connected to learning goal D. Spelling / Grammar Major spelling and grammar mistakes No or only minor spelling grammar mistakes NA E. Professional Language Unprofessional language used No unprofessional language used NA F. Organization Poor formatting make answers difficult to read Formatting used to make answers easier to read NA G. Feedback Incorporated? No (0), Yes (1) B. Proposed artifact... Total: /25