week+4+wiki+posting+full+recommendation

The Making Cents website has a link for teachers, offering resources for each state and territory based on their curriculum documents. I looked specifically at the Australian Capital Territory page. The resources are split into three groups, lower primary, middle primary and upper primary. The resource comes in the form of a unit, and I have looked specifically at the **[|Upper Primary Unit –Calculating the cost],** which is for years 5 and 6. The online resources include a complete teaching booklet, teacher professional development powerpoint, and teacher professional development booklet. The [|complete teaching booklet] offers materials that provide a program of classroom learning for the last two year of school.
 * Suitable age range:** 5/6
 * Curriculum links:** ELA 24 the student makes informed choices about money and finance
 * Description:**

The components within this program are: « money as a resource « financial responsibilities « using a transaction account « financial sources and resources « and the ‘main event’ where students apply what they have learnt so far to plan, organise and participate in a school fund raiser.

The teaching and learning activities which appear in the booklet really offer some fantastic ways to teach economics. This primary school program has a strong emphasis on numeracy and literacy skills. It offers practical and engaging activities that stimulate students learning of financial concepts and how it relates to their everyday lives. These activities encourage intellectual quality, and develop deep knowledge and understanding, and higher order thinking skills. It is recommended that the unit takes place over a ten week period (Shellshear, 2009).

My précis was on an article written by Catherine Morcome, who had established an accounting system in her year 5/6 class. This process became integrated into everyday learning, and students would already have a solid understanding of basic economics if the __Calculating the cost__ resource was used in the classroom. I am linking the ideas from my initial précis to the one posted by [|Dannielle Fisher], which was based on the article written by Arthur Foulkes (2006)//Teaching Basic//  // Economics // // to Fifth Grader s//. The teaching ideas developed by Foulkes are aimed at the same year level of year 5, and would also be relevant for year 6, and the 5 lessons not only compliment the article I selected for my précis, but it also compliments the __Calculating the cost__ resource. Each of the lessons cover vital financial and consumer literacy skills and could easily be linked, or even used as a springboard for learning in relation to the __Calculating the cost__ resource.

While I have focused on the upper primary resource, this website also offers units from lower and middle primary. The content is all very adaptable can be adjusted to meet the needs of the students. Therefore students who do not have the pre-requisite knowledge, skills and understandings can interact with the materials at the lower levels to ensure success throughout the program.

References: Arthur Foulkes., (2006)., // Teaching Basic // // Economics // // to Fifth Graders //. Accessed from []

Morcome, C. (2008).Classroom Economics. Prime Number. Vol. 23, No. 3, 2008: 12-14 Available from http://search.informit.com.au/documentSummary;dn=237843599133954;res=IELHSS

Calculating the Cost unit resource retrieved on the 5th July 2010 from []

Shellshear, T. (2009). //Financial Literacy resources for Primary Years//. Retrieved on the 5th of July from []