You need to create a plan of a lesson for a teacher. Format it using markdown formatting (do not use html tags, only use markdown, including...
Full lessonCreate for a teacher a set of content for giving a lesson, beginning with the lesson plan. Each new block of materials must begin with an H1 heading (other subheaders must be H2, H3, etc). When you describe required pictures, write those descriptions in curly brackets, for example: {A picture of a triangle}
Which subjectMathematics
What topicfinancial Literacy selling toasted sandwhiches in our school canteen 3 lessons required
What length (min)40
What age groupYear or Grade 4
Class size4
What curriculumAustralian curriculum V9 included strands and content discriptors
Include full script
Check previous homework
Ask some students to presents their homework
Add a physical break
Add group activities
Include homework
Show correct answers
Prepare slide templates
Number of slides6
Create fill-in cards for students
Create creative backup tasks for unexpected moments

Lesson plan

Lesson Plan: Financial Literacy - Selling Toasted Sandwiches in Our School Canteen

Topic

Financial Literacy: Selling Toasted Sandwiches in Our School Canteen

Objectives

Materials

Grade/Age Group

Year 4

Subject

Mathematics

Class Size

4 students

National Curriculum Alignment

Lesson Structure

Step Number Step Title Length (minutes) Details
1 Introduction to Topic 5 Introduce the concept of financial literacy and the importance of calculating costs and pricing for selling sandwiches.
2 Group Work Activity 10 Divide students into two groups to brainstorm sandwich ideas and determine potential costs and prices. Students will fill out the printable cards.
3 Physical Activity Break 5 Allow students to take a break for a physical activity (e.g., a quick game or stretching exercises) to refresh their minds.
4 Calculating Potential Income 10 Regroup to discuss the calculations. Use whiteboard to demonstrate how to calculate costs, sales, and profits based on their earlier work.
5 Printable Cards Check 5 Collect or randomly check the students' printable cards to ensure understanding of the task they performed.
6 Homework Assignment 5 Assign homework related to financial literacy without requiring students to present it in front of the class. Give clear instructions on what to do.
7 Conclusion 5 Summarize the key concepts learned in the lesson. Discuss the importance of pricing strategy and cost management in a fun selling scenario.

Homework

Teacher Notes

Lesson script

Introduction to Topic

"Good morning, everyone! Today, we’re going to have a fun lesson about financial literacy, specifically about selling toasted sandwiches in our school canteen. Can anyone tell me what financial literacy means? Think about how we manage money when we’re buying or selling something.

Now, let’s think about why it’s important to know how to calculate costs and prices. It helps us understand how much to charge for things so we can make a profit! A profit is what we earn after we cover our costs. Let’s get started!"


Group Work Activity

"Now, I’d like you to divide into two groups. Each group will brainstorm ideas for different types of sandwiches we could sell at the canteen. Think creatively!

Once you have your sandwich ideas, I want you to think about how much each sandwich would cost to make and how much we should sell them for.

Please fill out the printable cards I’ve given you. These cards will help you keep track of your ideas for sandwich names, costs, and prices. You’ll have 10 minutes for this activity. Ready, set, go!"


Physical Activity Break

"Okay, everyone! You've worked hard brainstorming your sandwich ideas. Let’s take a quick break to refresh our minds and bodies.

Let’s do some fun stretching exercises or play a quick game to get our energy up! Remember, a little physical activity helps our brains stay sharp. We’ll take just 5 minutes, and then we’ll get back to our calculations!"


Calculating Potential Income

"Welcome back! I hope you all had fun during the break. Now, let’s regroup and talk about the numbers.

Can someone share what type of sandwich your group decided to sell? Great choice!

Now, let’s use the whiteboard to demonstrate how we can calculate the costs and the potential profit we might make.

For example, if your sandwich costs $2 to make and you sell it for $4, what is your profit? Yes, that’s right! You would make $2 profit from each sandwich sold.

Let’s work together through some calculations based on your previous discussions. Feel free to use your calculators if you need them!"


Printable Cards Check

"Alright, everyone! Now I’d like to take a moment to look at the printable cards you filled out earlier. I’ll be collecting them or checking them randomly.

This helps me understand how well you understand the task. If you have questions about what you wrote, don’t hesitate to ask me. I want to make sure everyone is on the right track!"


Homework Assignment

"Great job today, everyone! Before we wrap up, I have some homework for you.

I want you to think more about financial literacy and create a short, written summary of what you learned today about costs, pricing, and profits. You can also include your ideas on a pricing strategy for selling sandwiches.

Please write at least half a page and bring it back for our next lesson. Remember, there’s no need to present it to the class; just make sure you do your best!"


Conclusion

"To finish up today’s lesson, let’s summarize what we learned. We discussed the importance of financial literacy and how calculating costs and prices is essential for selling sandwiches in our canteen.

Remember that knowing how prices and costs work can help us make better selling decisions. Do any of you have questions about what we learned? If so, please ask!

Thank you for your great participation today. I’m excited to see your homework next time!"

Slides

Slide Number Image Slide Content
1 {Image: A classroom setting with students} - Introduction to financial literacy
- Importance of calculating costs and prices
- Concept of profit
2 {Image: Two groups brainstorming} - Divide into two groups
- Brainstorm sandwich ideas
- Think about costs and selling prices
- Use printable cards to track ideas
3 {Image: Students stretching or exercising} - Quick physical activity break
- Importance of refreshing minds and bodies
- Fun stretching exercises or games
4 {Image: A whiteboard with calculations} - Calculate costs and potential profit
- Example: Cost of sandwich and selling price
- Profit calculation activity
5 {Image: Printable cards being checked} - Review of printable cards
- Importance of understanding the task
- Opportunity for questions and clarification
6 {Image: A student writing at a desk} - Homework assignment overview
- Write a summary of financial literacy concepts
- Include pricing strategy ideas
- Half a page required, no presentation needed

Homework

  1. Define financial literacy in your own words. Why do you think it is important for young entrepreneurs like you to understand this concept?

  2. Imagine you and your group have decided to sell a toasted sandwich that costs AUD 3 to make. If you decide to sell this sandwich for AUD 5, calculate your profit per sandwich.

  3. List at least three creative names for sandwiches that your group could sell in the canteen.

  4. Create a simple pricing strategy for your sandwiches. How will you determine the selling price? Will you consider the cost of ingredients more, or will you look at what similar sandwiches sell for?

  5. Write a short paragraph about how you can promote these sandwiches in the school canteen to increase sales. What strategies would you use?

  6. Reflect on what you learned about calculating costs and prices today. How can this knowledge help you in the future, beyond just selling sandwiches?


Correct answers

  1. Financial literacy means the understanding of how to manage money, including budgeting, saving, investing, and making informed financial decisions. It is important for young entrepreneurs because it helps them to make profits and manage money wisely in their business ventures.

  2. Profit per sandwich = Selling price - Cost = AUD 5 - AUD 3 = AUD 2 profit.

  3. Possible sandwich names could include: "Toasty Delight," "Cheesy Bliss," and "Veggie Crunch."

  4. A simple pricing strategy could be: Set the selling price at least 50% higher than the cost of ingredients (for example, if the cost is AUD 3, the selling price could be AUD 5 or AUD 6 to ensure profit).

  5. To promote the sandwiches, one could use posters around the school, offer a "sandwich of the week," or use social media to engage with students and create excitement about the offerings.

  6. This knowledge can be useful in many future situations, such as starting your own business, managing personal finances, or making informed decisions about spending and saving.

Printables

| Question                                                                                       | Answer |
|-----------------------------------------------------------------------------------------------|--------|
| What does financial literacy mean?                                                            |        |
| Why is it important to know how to calculate costs and prices?                               |        |
| Can you name some types of sandwiches we could sell in our canteen?                         |        |
| How can we determine the cost to make each sandwich?                                         |        |
| What do we call the money we earn after covering our costs?                                  |        |
| If a sandwich costs $2 to make and we sell it for $4, what is our profit?                   |        |
| How do we ensure that our sandwich pricing will attract customers?                            |        |
| What factors should we consider when deciding the selling price of our sandwiches?          |        |
| How did the physical activity break help you return to your calculations with a fresh mind?  |        |
| What did you learn about pricing strategies for selling sandwiches?                          |        |

Backup questions

  1. What are some creative names you could think of for the sandwiches your group brainstormed? Why did you choose those names?

  2. If you were to add a special ingredient to your sandwich, how would it affect the cost of making it? Would you raise the selling price? Why or why not?

  3. Can you think of other food items we could sell at the canteen alongside toasted sandwiches? How would you go about calculating their costs and prices?

  4. If your group wanted to make a profit of $3 on each sandwich, but it costs $2 to make, what would your selling price need to be?

  5. Why do you think understanding financial literacy is important for everyday life, not just when running a canteen? Can you provide an example?

Physical break

Here's a list of simple physical exercises formatted in markdown:

### Let's Move!

1. **Stretch it Out!**
   - Reach for the sky, touch your toes,
   - Let your arms and legs move, as the energy flows.

2. **Jumping Jacks!**
   - Time to jump, side to side,
   - With each clap, let’s take our pride!

3. **Toe Touches!**
   - Stand up tall, bend at the waist,
   - Touch those toes, let’s not waste!

4. **March in Place!**
   - Lift those knees, pump those arms,
   - Feel the rhythm and the charms!

5. **Side Steps!**
   - Step to the left, now to the right,
   - Keep it going, feel that light!

6. **Twist and Turn!**
   - Hands on hips, twist your torso,
   - Side to side, let’s all go!

7. **Squat it Down!**
   - Bend your knees, keep it low,
   - Stand back up, nice and slow!

8. **Arm Circles!**
   - Reach out wide, circle those arms,
   - Big and small, let’s raise the alarms!

9. **Hops on the Spot!**
   - Hop like a bunny, quick and spry,
   - Up and down, let’s touch the sky!

10. **Cool Down Stretch!**
    - Breathe in deep, let it out slow,
    - Relax your body, feel the flow.

Feel free to lead your students through these fun exercises during the physical activity break to refresh their minds and bodies!