Resources by Lesson

Lesson 6: Bookmark Profit

Overview:

This lesson focuses on profit (economics) and basic operations (mathematics). Working in small groups, the students act as companies and produce bookmarks. They decide which resources to purchase to produce their bookmarks. They calculate their costs of production and display their bookmarks for the class. The students then act as consumers and "buy" bookmarks. Based on their "sales," the student companies compute their profit or loss.

Visuals:

Visual 6.1 to 6.2 (PDF - 93 KB)

Student Activities:

Activities 6.1 to 6.6 (PDF - 167 KB)
You'll need:

• One copy of Activities 6.1, 6.5 and 6.6 for each student
• One copy of Activity 6.2 for each student group. Before making the copies, be sure the bookmark resource price list includes only the resources in the bags and an estimated price for each resource.
• One copy of Activity 6.3 for each group
• Enough copies of Activity 6.4 to provide three $1.00 bills for each student

Literature Connections:

Polacco, Patricia. Chicken Sundays. Paperstar Book, Reprint edition, January 1998. (ISBN: 0-69811-615-1)

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