Food Court T HE H IGH S CHOOL F OOD C OURT the High School Food Court

Food Court T HE H IGH S CHOOL F OOD C OURT the High School Food Court

T HE H IGH S CHOOL F OOD C OURT The High School Food Court T HE H IGH S CHOOL F OOD C OURT The High School Food Court Table of Contents PROBLEM STATEMENT . 3 INTRODUCTION. 3 PLACEMENT IN CURRICULUM. 3 CONCEPTS TAUGHT . 3 OBJECTIVES . 4 CONTENT STANDARDS . 4 TIME REQUIRED. 5 LESSON DESCRIPTION . 5 RESOURCE MATERIALS . 5 THE SEQUENCE OF THE UNIT. 6 PROCEDURE . 7 entry point . 7 framing of the problem. 7 knowledge inventory (know/need to know). 8 the problem log. 9 research and resources . 9 teachable moments, dialogues, and background information . 14 exit from the problem . 15 wrap-up and debriefing . 16 DO’S AND DON’TS. 17 APPENDIX I: ENTRY DOCUMENT. 19 APPENDIX II: BACKGROUND INFORMATION FOR BENCHMARK LESSONS . 23 APPENDIX III: CONCEPT DEFINITIONS . 33 APPENDIX IV: RESOURCE MATERIALS . 37 APPENDIX V: AUDIENCE QUESTIONS. 49 APPENDIX VI: ASSESSMENT RUBRIC. 55 APPENDIX VII: TEST BANK. 59 1 T HE H IGH S CHOOL F OOD C OURT The Buck Institute for Education The Buck Institute for Education (BIE) is a not-for-profit (501c3) organization working to make schools and classrooms more effective through the use of problem and project based learning. Founded in 1987, BIE receives permanent funding from the Leonard and Beryl Buck Trust. In addition, BIE receives grants and contracts from schools, school districts, state educational agencies, foundations and the federal government to conduct research and evaluation, curriculum and website development, and teacher training and professional development activities. BIE’s programs are organized around three objectives: I Engaging Learners: BIE has developed problem based curriculum units for high school economics and government classes. The BIE Project Based Learning Handbook is used by teachers throughout the world to plan, implement and assess standards- focused projects that motivate students and deepen learning. I Supporting Teachers: BIE conducts on site professional development workshops for schools and school districts and offers regularly scheduled training workshops at the BIE offices in Novato, California. I Showing Results: BIE rigorously evaluates its products and professional development programs, and assesses their impact on students and teachers, to better understand the conditions and contexts that facilitate and impede student learning. For further information, visit www.bie.org. John Mergendoller, Ph.D. Executive Director Copyright © 2006 by the Buck Institute for Education, 18 Commercial Blvd., Novato, CA 94949 All rights reserved. For permission to reproduce any part of this publication, please contact the BIE, (415) 883-0122. Graphic design: Pam Scrutton, San Francisco, CA 2 T HE H IGH S CHOOL F OOD C OURT The High School Food Court lem How can we, as the Student Council, allocate the food Prob nt ateme concessions in the new Food Court so that the Student St Council gains revenue and serves the needs of the competing constituencies? 3 Introduction Using the problem based learning approach, students will explore how the forces underlying demand and costs (supply) result in the production of specific goods and services, which may not satisfy the desires of all groups. 3 Placement in Curriculum This unit is designed to teach students about demand and costs. Prior to undertaking this problem, students should be familiar with the concepts that were learned in Running in Place and The Great Awakening. A complete listing of content standards and concepts associated with each unit can be found in Appendix I of the Introduction. Please refer to this table to determine the concepts that students should be familiar with before undertaking this problem. 3 Concepts Taught The curriculum was designed to teach the following concepts: Teachers can also demonstrate the following (see definitions, Appendix III) concepts using this lesson: I Competing Needs I Demand Curve I Costs (of Production) I Direct Costs I Demand I Elasticity I Demand Schedule I Fixed Costs I Economic Profit I Indirect Costs I Equilibrium Price I Law of Demand I Equilibrium Quantity I Law of Supply I Opportunity Costs I Supply I Profit I Supply Curve I Scarcity I Supply Schedule I Total Cost I Variable Costs I Total Revenue I Tradeoff 3 T HE H IGH S CHOOL F OOD C OURT 3 Objectives Students will: I Recognize that scarce resources dictate that I Identify the factors that underlie not all goods and services that individuals demand want will be produced in a market-driven I Identify the factors that underlie the cost economy of production (or supply) I Recognize that the costs of production I Demonstrate an understanding of unit sometimes exceed the price that concepts individuals are willing and able to pay for the good I Realize that the definition of what is fair is normative and subject to much debate I Recognize that economic profit is the key to production of goods and services in a market-oriented economy 3 Content Standards In a market-based economy the allocation of resources by profit maximization will generate the most efficient use of resources but some groups or individuals will be unhappy with the goods and services that are produced. This content, which is central to The High School Food Court Problem, addresses the following Voluntary National Content Standards in Economics: Standard Economic Concept 1 Scarcity 2 Opportunity Cost 3 Market Systems (allocation of goods & services) 4 Economic Incentives (prices, wages, profits, taxes, etc.) 5 Free Trade & Voluntary Exchange 6 Specialization & Free Trade 7 Market Economies 8 Supply & Demand 9 Effects of Competition , 10 Economic Institutions 11 Money 12 Interest Rates 13 Income & Productivity 14 Entrepreneurship 15 Investment 16 Public Policy Alternatives , 17 Public Policy Costs 18 Gross Domestic Product 19 Unemployment & Inflation 20 Fiscal & Monetary Policy Note: Standards are based upon the Voluntary National Content Standards in Economics, which were developed by the National Council on Economic Education in partnership with the National Association of Economic Educators, the Foundation for Teaching Economics, and the American Economic Association’s Committee on Economic Education. = a standard that is met with this curriculum , = a standard that could be met with this curriculum 4 T HE H IGH S CHOOL F OOD C OURT 3 Time Required 1 week (5 days) 3 Lesson Description Students are instructed to select the five restaurants that will operate in the new Food Court at the high school. Twelve restaurants have applied for the right to operate, but only seven of them are able to earn a profit. Because more restaurants want space in the Food Court than can be accommodated, students must understand the process of allocation and apply the principles of demand and costs to determine which restaurants are suitable for operation. In the first stage of the problem, students will identify the seven profit-generating restaurants by comparing demand and cost schedules for each restaurant’s main product. Then the students will break up into groups, each of which represents a segment of the Student Council. Each group must select five of the restaurants they believe should operate in the Food Court. The Student Council is allowed to receive 20 percent of each restaurant’s profit but is subject to interest group pressure for Resource Materials Include: specific restaurants. The groups I Instructions from the Principal to the Student will be forced to wrestle with Council allocations that would arise from I A description of each of the restaurants (Restaurant both market and political Bidders) pressures. A visual presentation with posters and graphs will be I Demand and cost information made to the School Board by – Table 1: Demand for Entrees at Oak Grove each group and will serve as the High School evaluation portion of the – Table 2: Cost Data problem. – Table 3: (Computed) Total Revenue 3 Resource Materials – Table 4: (Computed) Total Costs Resources are distributed to the – Table 5: (Computed) Daily Profit students at different points in I Audio phone messages and written transcripts of the problem and are discussed in individuals lobbying the Student Council the Research and Resources – from the Principal to the Student Council portion of this manual. See the Sequence of the Unit for one – from Rita Price, Executive Director of Grove example. Area School-to-Work Program – from Edith Cash, PTA President – from the Galloping Gourmets Club – from Vital Vegetarians – from Ms. Loer, School Counselor – from the Principal regarding Ms. Stravinsky I Memo from Eric Wong, Secretary of the School Board I Classroom economics textbook I Questions for three individuals from the community and the teacher who represent School Board members (audience questions) I Five minute timer 5 T HE H IGH S CHOOL F OOD C OURT 3 The Sequence of the Unit Because problem based learning is grounded in students’ constructing knowledge from real-world applications, the sequence of learning will differ in each class. As a result, it is virtually impossible to describe the exact unfolding of this problem even though it has been tested on several occasions. What follows is an example of the sequence of the problem during one class. We have used this particular sequence in our Procedures section. The phrases highlighted below are cross-referenced in the boxes for easier detection. I Discuss the memo from principal with the whole class cross- I Develop the initial problem statement with the whole class referencing box I Develop the initial list of know and need to know with the whole class I Have

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