Lesson 1: Introduction to Money Objectives: 1. To be familiar with British coins 2. Learn how to identify coins and recognise their value

Time: 25 minutes

Materials: Coins to use as a visual aid andreal or printed worksheets, if desired

Instructions: 1. Introduce students to the coins used in Britain. Display coins, or if printed worksheets are being used, review the different coins, their colors and values. 2. Ask students to describe the coins (e.g. their size, colors, shapes and values). 3. As a group, review the value of each coin, asking students to work out the value of different combinations of coins (e.g. 10p + 1p = 11p). 4. Give students time to practice and familiarize themselves with the coins and their values individually or in pairs.

Lesson 2: Working Out Basic Change Objectives: 1. To be able to calculate and solve basic trading problems 2. To appreciate the difficulty of managing money

Time: 25 minutes

Materials: Coins, paper money or printed worksheets

Instructions: 1. Ask students to imagine they are a shopkeeper and they are given a £5 note in exchange for an item worth £3.95. Ask how much change they would give the customer. 2. Try to get an understanding of the level of understanding by questioning students on the individual values that make up the change (£1 plus various denominations of coins). 3. Repeat the exercise with varying amounts, up to £5. 4. Use practical activities with coins to help the pupils understand calculations for change. For example, you could use coins to solve the equation “£1 + x coins = £1.20”. 5. As a group, review the different calculations, allowing time for discussion and exploration.

Lesson 3: Dealing with Larger Denominations Objectives: 1. To be able to calculate and solve more complex trading problems 2. To understand the importance of calculations for change

Time: 25 minutes

Materials: Paper money, coins or printed worksheets

Instructions: 1. Increase the complexity of trading problems by making them more complex. For example, imagine they are a shop keeper and they are given a £50 note in exchange for an item worth £45.25. Ask how much change they would give the customer. 2. Explain the importance of calculations for change and why it’s important to be able to calculate change accurately. 3. Again, use coins or paper money to practise different trading problems, allowing time for discussion and exploration. 4. Ask the students to present their own trading problems to each other and try to solve them together.

Lesson 4: Working Out Change Above a Fiver Objectives: 1. To be able to calculate change accurately 2. To understand the importance of making exact calculations

Time: 25 minutes

Materials: Paper money, coins or printed worksheets

Instructions: 1. Demonstrate how to calculate change accurately when dealing with amounts over £5. 2. Give the pupils a set of exchange problems to solve and then begin to construct the problems themselves. 3. Ask the pupils to work in pairs or small groups to create exchange problems for each other and then help each other work out the change. 4. Have the pupils compare the results of their calculations and give feedback on each other’s successes and mistakes.

Lesson 5: Practicing and Applying Knowledge Objectives: 1. To be able to apply money calculations in the real-world 2. To understand and demonstrate the importance of accuracy when dealing with money

Time: 25 minutes

Materials: Paper money, coins or printed worksheets

Instructions: 1. Ask students to create their own shop with items that cost less than £5, or choose existing items from around the classroom that they can pretend to buy and sell. 2. Give out paper money or coins and ask the students to “buy and sell” items in their shop, practising their money calculations. 3. After they’ve practised their calculations, discuss the importance of accuracy and good calculations when dealing with money. 4. Allow the pupils the opportunity to discuss their experiences and the problems they encountered, while practising the exchange process.