Number :MoneyNumber :MoneyLevel 2Level 2

MeasurementMeasurement

TechnologyTechnology

Grades 1and 2Grades 1and 2

IntroductionIntroduction

Demographics:Demographics:

• The group included twelve students: The group included twelve students: nine grade two’s and three grade ones; nine grade two’s and three grade ones; there were nine boys and three girlsthere were nine boys and three girls• The group was identified by grades ones The group was identified by grades ones

and twos completing a concept mind map and twos completing a concept mind map on “Money”on “Money”

• The students were chosen based on their The students were chosen based on their insight into money on the mind map.insight into money on the mind map.

Questions about money?

What is money?

Why do we have money?Where is money found?

Where is it made? When do we use money?

Identify Money and Identify Money and making Money Combinationsmaking Money Combinations

• Australian coins and notesAustralian coins and notes

• Create combinations up to the value Create combinations up to the value of $100.00of $100.00

• Combining notes and coins to an Combining notes and coins to an amount.amount.

Shopping and Making Shopping and Making changechange• List of grocery items and prices were List of grocery items and prices were

posted for the students to see.posted for the students to see.• They had to chose ten items to the They had to chose ten items to the

value of $25.00 or as close to this value of $25.00 or as close to this amount as possible.amount as possible.

• Calculators were used for adding and Calculators were used for adding and substituting items.substituting items.

• Students had to make sure items Students had to make sure items equalled $25.00equalled $25.00

Shopping and Making Shopping and Making CombinationsCombinations

• Students were given $50.00 and Students were given $50.00 and allowed to select items from the allowed to select items from the brochures.brochures.

• Students were encouraged to Students were encouraged to combine three or more items to the combine three or more items to the value of $50.00.value of $50.00.

CurrencyCurrency

• Students were asked to bring in Students were asked to bring in different currency.different currency.

• The currency that was shared was The currency that was shared was from France, Italy, Switzerland, from France, Italy, Switzerland, Japan, America, England and Canada.Japan, America, England and Canada.

• Discussion occurred regarding the Discussion occurred regarding the Euro.Euro.

Currency ExchangeCurrency Exchange

• Students searched Students searched on the computer on the computer for a currency for a currency converter site.converter site.

• Students typed in Students typed in an amount and an amount and converted it to converted it to different different currencies.currencies.

currency exchange

currency converter

www .goggle .com

Using currency converterUsing currency converter

Costing using Currency Costing using Currency ConversionsConversions

• Students shared their results about conversionsStudents shared their results about conversions

• Discussions about decimal points and rounding off occurredDiscussions about decimal points and rounding off occurred

• Students were given the cost of a McDonalds “Big Mac” in a variety of Students were given the cost of a McDonalds “Big Mac” in a variety of countries.countries.

• Discussion involved the different costs and conversion amounts in U.S. dollars.Discussion involved the different costs and conversion amounts in U.S. dollars.

• Discussion occurred about why the Big Mac costs less in some countries.Discussion occurred about why the Big Mac costs less in some countries.

• Students cut out pictures of five different items and recorded their costs.Students cut out pictures of five different items and recorded their costs.

• Then they used the currency converter to calculate the costs of these items in Then they used the currency converter to calculate the costs of these items in another country.another country.

Locating Currency Locating Currency around the Worldaround the World

• Students were given a map of the Students were given a map of the world with country names labelled.world with country names labelled.

• Students located a country and Students located a country and typed the name in the currency typed the name in the currency converter site and discovered the converter site and discovered the name of the currency.name of the currency.

• Students wrote the currency name Students wrote the currency name on to the map.on to the map.

Design Own CurrencyDesign Own Currency

Namecurrency

Namecurrency

Naming notes and coins

Naming notes and coins

Identify notes and coinsIdentify notes and coins

How much is your currency worth compared to the Australian dollar

How much is your currency worth compared to the Australian dollar

Samples of Students’ Samples of Students’ CurrencyCurrency

ConclusionConclusion

Students completed another Students completed another mind mind mapmap; from these results it was shown ; from these results it was shown that students that students increased their increased their awarenessawareness and and understandingunderstanding of of various aspects of money such as various aspects of money such as different currenciesdifferent currencies, countries and , countries and why things why things costcost more in some more in some countries than in others.countries than in others.

ReflectionReflection

• Students were enthusiastic about Students were enthusiastic about learning about currencylearning about currency

• High interest level when using High interest level when using currency convertercurrency converter

• Became more aware of shopping and Became more aware of shopping and costs costs