Learning objective
- To recognise factors influencing value for money.
Success criteria
- I can define ‘good value for
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Non-statutory guidance
The National Curriculum
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Cross-curricular links
British values
Democracy
- Exemplify
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Before the lesson
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Lesson plan
Recap and recall
Before starting this unit, you might want to check if children can: Identify the advantages and disadvantages of different methods of payment. Understand what budgeting money is and how a person can benefit from it. Recognise the ways that money can impact people’s feelings and emotions. Explain how people’s spending decisions can affect others and…
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Extended-mode explainer videos
How to extend your display to view the lesson page and preseantion mode simultaneously. Choose your operating system below to watch the video
Adaptive teaching
Pupils needing extra support:
Should, for the main event activities, be provided with scenarios that involve a few factors to consider (e.g. the online store and high street scenario); could be reminded of factors that affect the value for money written on a flipchart.
Pupils working at greater depth:
Should, in the Presentation: Spending scenarios, create their own complex scenarios for the class to discuss; could, in the Activity: Buyers and sellers, introduce negotiation strategies and consider more nuanced factors like brand reputation and environmental impact.
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Assessing progress and understanding
Pupils with secure understanding indicated by: identifying and justifying items
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Vocabulary definitions
-
cheap
Having a low price.
-
expensive
Having a high price.
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In this unit
Assessment - RSE & PSHE Y4: Economic wellbeing
Lesson 1: What is value for money?
Lesson 2: Why keep track of money?
Lesson 3: What ways are there to look after money?
Lesson 4: What influences career choices?
Lesson 5: Why make a career change?
Lesson 6: How can workplace stereotypes be challenged?