Lesson Plan: Trading Places (Movie)
Academic Subject: Business
Grade Level: 11
Duration: 30 minutes
Objectives
By the end of this lesson, students will be able to:
- Analyze the concept of supply and demand as depicted in the movie "Trading Places."
- Discuss the ethical implications of insider trading and the stock market.
- Identify key business principles demonstrated through the plot and character decisions.
Materials Needed
- Movie Clip: Selected scenes from "Trading Places"
- Projector/Screen: For viewing scenes
- Whiteboard/Markers: For brainstorming and discussion
- Handouts: Summary of key scenes and business concepts related to the film
Lesson Outline
Introduction (5 minutes)
- Greeting & Purpose:
- Greet students and introduce the topic of the lesson.
- Explain that this lesson will use the movie "Trading Places" to explore key business concepts such as supply and demand, market dynamics, and ethics in business.
Movie Clip Viewing (10 minutes)
- Clip Selection:
- Show selected clips from "Trading Places" focusing on key market scenes where the protagonists experience a shift in fortune.
- Ensure the clips highlight concepts like market manipulation and how sudden changes affect individuals and businesses.
Group Discussion (10 minutes)
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Discussion Questions:
- Divide the class into small groups and have them discuss the following questions:
- What were the key factors that led to the shifts in the characters’ fortunes?
- How does the concept of supply and demand play out in the scenes we watched?
- What are the ethical implications of the actions taken by the characters regarding insider trading?
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Group Sharing:
- Have each group share their thoughts on the discussion questions. Write down key points on the whiteboard.
Conclusion (5 minutes)
- Recap & Reflection:
- Summarize the key insights from the group discussions.
- Emphasize the importance of ethical behavior in business and how films like "Trading Places" can provide a moral lesson.
- Encourage students to think critically about how real-world businesses operate and the impact of unethical practices.
Assessment
- Participation: Evaluate students based on their engagement in discussions and ability to articulate their thoughts.
- Reflection: Optionally, assign a short reflection paper where students can express their opinions on the ethical considerations raised in the film.
Additional Resources
- Recommended Reading: Articles on the stock market, insider trading laws, and the implications of ethical vs. unethical business practices.
- Further Viewing: Documentaries or video lectures on market economics and trading practices.
Note: Ensure to get necessary permissions to show parts of the movie and inform students in advance about the content of the film.
This lesson plan integrates film analysis into a business curriculum effectively, fostering critical thinking and ethical reasoning among students.