CIA4U – Unit 4 – Lesson 6: Currency and Foreign Exchange

Overview

Duration

100 minutes

Lesson Objective

• To learn about the importance of currency to international economies.

Lesson Outcomes

• Explain why citizens or economies in one country might require the currency of another country.
• Explain how foreign exchange values are influenced by supply and demand.
• Explain how an increase (or decrease) in the availability of a currency may cause a decline or rise in that currency’s foreign exchange value.

The Lesson

Sequence

1. Starter: 60 Seconds: How many currencies can you name?
2. Introduction to Currency | Teacher led instruction.
3. Foreign Exchange Market Game.
4. Game Reflection Questions | Individual task.
5. Factors Affecting the Value of Currency | Teacher led instruction and note taking.
6. Currency Reflection Questions | Individual task.
7. Review: Summary Question | Individual task.
8. Homework: Exchange Rate Conversion Worksheet.

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