Alex Soffer, Joseph Daley, Lauren Duerson and Maria O’Regan ED 7204.T.NET1 March 7, 2012 MST Lesson Plan Format Versus APPL or MSFT? Blooms Taxonomy: Level 2:Comprehension Level 3 Application Level 4: Analysis Level 5: Synthesis Gardner’s Multiple Intelligence(s): 1. Logical: Mathematical 2. Interpersonal 3. Visual 4. Linguistic-:Intelligence Children’s Literature: How Economics Works: The Stock Market by Donna Jo Fuller NAEP Process Skills Scientific Inquiry • S4.2 Conduct scientific investigations using appropriate tools and techniques. • S4.3 Identify patterns in data and/or relate patterns in data to theoretical models. Technology: • T4.1 Propose or critique solutions to problems, given criteria and scientific constraints. • T4.3 Apply science principles or data to anticipate effects of technological design NAEP Science Content Standards Employ tools to gather, analyze, and interpret data. S2.1dS3.1a,b Use mathematics in scientific inquiry. M3.1a Use data to construct reasonable explanations. Develop and communicate explanations using evidence. S1.3S3.2d,e Identify dependent and independent variables. M1.1aS2.2d NCTM Math Skills Process Standards: Reasoning and Proof, Communication, Connections, and Representation. Reasoning and Proof • Make and investigate mathematical conjectures Communication • Organize and consolidate their mathematical thinking through communication • Communicate their mathematical thinking coherently and clearly to peers, teachers, and others Connections • Recognize and use connections among mathematical ideas • Recognize and apply mathematics in contexts outside of mathematics Representation • Create and use representations to organize, record, and communicate mathematical ideas • Select, apply, and translate among mathematical representations to solve problems • Use representations to model and interpret physical, social, and mathematical phenomena. Content Standards: Algebra, and Data Analysis and Probability: Grades 3-5 Algebra • Represent and analyze patterns and functions, using words, tables, and graphs. Analysis and Probability • Collect data using observations, surveys, and experiments; • Represent data using tables and graphs such as line plots, bar graphs, and line graphs; • Recognize the differences in representing categorical and numerical data. ISTE NETs Standards for Literate Students: 1. Communication and Collaboration- Students use digital media and environments to communicate and work collaboratively, including at a distance, to support individual learning and contribute to the learning of others. 2. Research and Information Fluency- Students apply digital tools to gather, evaluate, and use information. 3. Critical Thinking, Problem Solving and Decision Making-Students use critical thinking skills to plan and conduct research, manage projects, solve problems, and make informed decisions using appropriate digital tools and resources. 4. Technology Operations and Concepts- Students demonstrate a sound understanding of technology concepts, systems, and operations. Behavioral Objectives: • Students will be able to explain the purpose of the stock market • Students will be able to create a line graph, with labels, that show the closing prices of each stock. Students will be able to compute the range, mean, minimum and maximum for Apple and Microsoft and input into a table while then creating a written analysis explaining the line graph and the relevance of each statistic (range, mean, minimum and maximum). Motivation/Constructivist Activity: Tell the students that last week while they were collecting stock data about Apple and Microsoft, you were collecting data about who brought their lunch to school and who did not. Show the students the table created. Next, show them the line graph. Monday Did Bring Lunch 15 Did Not Bring Lunch 6 Tuesday 12 9 Wednesday Thursday Friday 0 10 8 21 11 13 25 20 15 10 5 0 In their collaborative groups have them answer these questions: 1. What does the blue and red line represent? 2. What does each square or circle represent? 3. Why did I use one graph to show two different sets of data 4. Could I have used a pie graph? Teacher reviews the components of the graph with the students. Time Duration: One 50 minute period as well as 5-10 minutes over the previous five days to track the stocks. Procedures: 1. Over the past two days the teacher has read “How Economics Works: The Stock Market” by Donna Jo Fuller. Before and after each reading, the students added words to the “Classroom Glossary”. 2. Distribute the rubric for the following activity. Review expectations and answer any questions students may have about what is expected from them during individual, group and class work. 3. Ask students to take out their Stock Market Data notebook and refer to the data they collected over the past five days. Using turn and talk, students refresh each other what the numbers represent. 4. Ask the students to turn and talk: What type of graph should you use if they were to compare the two sets of numbers? 5. Teacher chooses a few groups to explain to the class, what the numbers represent. Brought Lunch Did not Bring Lunch 6. Using the data collected from the past five days, students will find: a. The difference (range) between the opening and closing numbers for Apple and Microsoft. b. The mean (average) for Apple and Microsoft, per day. c. The minimum and maximum prices for both Apple and Microsoft. 7. In the computer lab, students work in pairs. Using Excel, students are instructed to create a line graph and three tables using the data collected over the past five days. One table should represent the opening and closing prices of Apple, the second table should represent the opening and closing prices of Microsoft, and the third table should depict the mean, median, mode, range, minimum and maximum prices for Apple and Microsoft. Each child will then print their spreadsheets and charts for their records in the classroom (Students have used Excel previously and are familiar with how to create graphs and tables). 8. Once each group has completed the activity, the students will return to their classroom. 9. Have students open their notebooks and begin a written analysis of the information they collected. This is to be done individually. Explain to the students that they should explain the line graph and what each statistic means. 10. In groups, spend 5 minutes discussing the relevance of each statistic. 11. As a class, share the importance of each statistic and any answer questions students may have. Questions: I). Closed-Ended Questions: 1. What is the Stock Market? Answer: A place where a companies stock or shares are traded, sold and bought 2. What does x and y axis represent on your graph? Answer: The x-axis represents the dates we used to record the closing prices for each stock. The y-axis represents the price at which each stock closed. 3. What is a line graph? Answer: A line graph is a chart that displays information and compares two variables across time. II). Open-Ended Questions: (Minimum of two questions). 1. Which stock would you buy? Why? 2. Why do you think Microsoft’s stock closed at a lower price than Apple every single day? 3. Knowing what you know about stocks, which companies stock would you be interested in buying? Materials: 1. How Economics Works: The Stock Market by Donna Jo Fuller 2. Smartboard 3. Computer lab with Microsoft Excel program 4. Internet access to track stocks 5. Stock Market Notebooks 6. Classroom Glossary 7. Pencils References: Fuller, D. J. (2006). How Economics Works: The Stock Market. Minneapolis: Lerner Publication Company. ISTE NETS 2007 Technology Standards for Literate Students. (2007). International Society for Technology in Education. http://www.iste.org/standards/nets-forstudents/nets-student-standards-2007.aspx National Council of Teachers of Mathematics- NCTM (2012). http://www.nctm.org/standards/content.aspx?id=16909 Yahoo! Finance Inc. (2012). http://finance.yahoo.com/q/hp?a=01&b=13&c=2012&d=01&e=17&f=2012&g=d& s=MSFT 4th Grade Science Standards for the 2009 National Assessment of Educational Progress (NAEP) Retrieved from https://bbhosted.cuny.edu/webapps/portal/frameset.jsp?tab_id=_2_1&url=%2fweba pps%2fblackboard%2fexecute%2flauncher%3ftype%3dCourse%26id%3d_607231 _1%26url%3d Assessment: Objective Target “3” Explain the purpose of the stock market Student explained the purpose of the stock market with 0 errors Satisfactory “2” Student explained the purpose of the stock market with 1-2 errors Create a line graph, with labels, that showed the closing prices of each stock. Student created line graph, with labels that showed the closing prices of each stock. The line graph and labels had 0 errors. Student created line graph, with labels that showed the closing prices of each stock. The line graph and labels had 1-2 errors Compute the range, mean, minimum and maximum for Apple and Microsoft and input into a table and provide a written analysis including an explanation of the line graph and statistics. Students computed the range, mean, minimum and maximum for Apple and Microsoft and inputted it into a table. Entries on table had 0 errors Provided a well written analysis explaining the line graph and the statistics Students computed the range, mean, minimum and maximum for Apple and Microsoft and inputted it into a table. Entries on table had 12 errors. Provided a brief written analysis explaining the line graph and the statistics. Unsatisfactory “1” Student explained the purpose of the stock market with 3 or more errors Student created line graph, with labels that showed the closing prices of each stock. The line graph and labels had 3 or more errors Students computed the range, mean, minimum and maximum for Apple and Microsoft and inputted it into a table. Entries on table had 3 or more errors. Provide little or no written analysis explaining the line graph and the statistics. Student Rating