Social Studies

Introduction

Introduction:

Goals:

1) Students will understand the organization and function of the Federal Reserve System.

2) Students will understand the effect of inflation on the society and how governments play its part in economic recovery.

Objectives:

A) Allow students to study some of the important economic concepts at macro level.

B) Students will learn basic structure and importance of Federal Reserve System and the role it may play in overall economic environment.

C) Understanding how government can influence economic growth and stability by adopting various policies.

D) Understanding various economic concepts in one broad scenario.

Essential Question:

How can government control inflation and save people from its adverse effects by pursuing various different strategies and how the Federal Reserve System may fit in the overall picture?

Task

Instruction:

A) Students will explore the above mentioned topics in considerable detail.

B) They will be asked to study the provided notes as well as the suggested web links to gain in-depth knowledge of the topic.

C) Students will be encouraged to ask and discuss any topic in class.

D) In the end, students will be asked to submit PP presentation and a six page reflection on what they learned during the class and how it affected their overall thinking.

Process

Specific Strategies:

A) Considering the Grade level, subject-related vocabulary will be kept as easy as possible.

B) A brief section related to vocabulary, meaning and definitions will be presented at the start of the provided notes.

C) Full attention will be focused on teaching technical concepts and their applications in real world macroeconomics. The topic is such that language arts may not be very crucial.

Process:

This five day teaching program will be divided in five simple steps, for each individual day.

Day 1:

It will be an introductory session. All the important terminology, vocabulary and basic concepts (such as definition of macroeconomics) will be explained along with teaching the importance of study of this subject. Students will also be told about the expectation, teaching methods and other important information about the program, along with the schedule. As all the notes, schedule and reference material would have been provided students will be asked to study these notes in advance and will be encourage to ask relevant questions.

Day 2:

Federal Reserve System is one of the three main topics. Its organization, structure and function along with its role in the present-day world will be explained to students.

Day 3:

Inflation will be discussed, including its causes, types and potential risks. It will also be taught that how inflation can affect common people, businesses and governments.

Day 4:

On the fourth day, students will be taught on various policies and strategies governments may adopt to fight inflation and bring economic stability. The concept of fiscal policy and monetary policy will also be introduced and appropriately explained.

Day 5:

All the three main topics of the syllabus have been explained. However, it is the time to incorporate all these topics in one scenario. It will be discussed on the last day that how these three topics are interconnected in the real life and how increase in one may affect other and vice versa.

There will be a lengthy question-answer session as well. At the end, students will be asked to submit a presentation and a six-page reflection on what they learned in these five days. Students will have two days to submit these files through E-mail.

Evaluation

Evaluation:

Consideration the nature of this course, it may not be the right option to evaluate student’s performance with traditional methods. Instead, students will be graded on the basis of their overall attitude in the class, their participation in classroom discussion, result of surprise quiz (held anytime during fourth of fifth day) and their submission of reflection paper.

There will be four evaluation standards as follow.

1) Student’s knowledge increased as he/she learned all the core concepts (Outstanding performance, Grade A).

2) Student has learned most (not all) core concepts (Satisfactory performance, Grade B).

3) Student has learned just a few basic concepts (Unsatisfactory performance, Grade C)

4) Student has not learned anything new (Disastrous performance, Grade F).

Conclusion

Conclusion:

This five day course has been designed in a way to improve student’s knowledge about the topic. The primary concern was not to improve their theoretical knowledge; instead it was aimed to improve their concepts and understanding of real-world macroeconomics. Non-conventional evaluation methods were incorporated in the plan.