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| Lesson Plan by Ellen Francois 1998 |
Topic:
Foreign Currency
Time Frame:
15 school days. Part of this activity should be completed by students outside
of the class.
Curriculum objective: To research, analyze, and make conversions within and between foreign currencies.
Resources:
Internet
Newspaper
Encyclopedia on CD-ROM
Books
Human Resources
Calculator
Exploring Math Through Projects and Activities
(Tables I & II) if available
Foreign coins if possible
ClarisWorks
Activity:
Students will research a selected countryís
foreign currency and use the newspaper/Internet to follow the daily change
in the value of various monetary units. Conversions from one unit
within a currency to another will be made.
Students will conduct their own research within Grolier, Encarta, and Infopedia electronic encyclopedias on CD-ROM. They will access the Internet on a daily basis for ten days and record the foreign exchange rate for their chosen country. They will then complete a table on their currency value. In Table I, they will record the dollar value for one monetary unit each day. In Table II, they will convert 100 US Dollars to their countryís monetary unit, for each of the ten days. Then instructor will help students to set up the categories in Claris Works spreadsheet. Students will enter data from table, record it in ClarisWorks spreadsheet and create a line graph showing how the value of their basic monetary unit in US dollars has changed from day to day. They will analyze the pattern and give a possible explanation(s) for their results.This information will be presented as an exhibit during the schoolís Math Fair and, students will provide oral explanations of findings.
Assessment:
Research report that will include the
following:
ïA cover page with studentís
name, a title, date, name of country, and the name and symbol of its unit
of currency; creativity is encouraged on this page,
ïA report on monetary unit,
spreadsheet and line graph, Table I & II, and analysis of results.
Teacher
Navigation Guide:
Teacher needs to locate site in advance by:
ïaccessing Yahoo.com
ïtyping keyword: Finance and
Currency Exchange and,
ïbookmark the URL for students.
Students'
Navigation guide:
1. Access the URL through the Bookmark
Menu.
2. Use conversion table to locate chosen
country and record the exchange rate for that day.
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