Friday, 1 July 2016

MONEY AND CREDIT X NIRMALA ECONOMICS

E- Lesson Plan Template
 Class -10th
Topic – Money and Credit
Sub. Topic – (i) Functions of Money
                        (ii)Modern forms of Money
                        (iii) Functions of Banks
                        (iv) Formal and informal sources of credit
                        (v) Need of expansion of formal source of credit in rural areas

Duration – 6 Periods
Learning  Outcomes –
After reading the chapter student will be able
·        To understand the function of money
·        To recognise  the significance of modern forms of money
·        To realise the virtuous and vicious aspects of credit
·        To develop the spirit of inquiry and research
Learning Objectives
v Mention the functions of money
v Enlist the modern forms of money
v Examine the functions of bank
v Distinguish between formal source and informal source credit
v Focus on the need of expansion of formal source of credit  in rural areas
Previous Knowledge Testing Strategy
Ø What is the role of seashells (Cowries) during Indus Valley Civilisation
Ø What was the medium of exchange/Transaction during Mughals?
Ø What is Barter System?
Sub Topic
Teaching Strategy
Introduction of the concept of money
Interaction 
Showcasing video
Questioning
Function of money
Explanation with the help of  flow chart
Modern form of money
Discussion with the help of collage
Function of bank
Visit to bank
Various sources of credit
Brainstorming
Discussion
Need of expansion of formal source of credit in rural areas
Debate

Tools / Aids/Resources –
Ø NCERT Book
Ø Images of coins
Ø Video clipping    https://vimeo.com>tag:barter+system
Ø Use of multimedia
Ø Flow chart
Ø Library recourses
Ø Visit to local bank
Ø Journals  (Role of reserve bank)
Vocabulary
·        Credit
·        Barter system
·        Demand deposit
·        Collateral
·        Debt trap
·        Mortgage
Values
ü Social intelligence
ü Cooperative attitude
ü Responsibility
ü Mutual trust

Assessment technique
Comparative study of exchange rates of rupees with other currency(Dollar)
Visit to bank
Rubrics
Content/subject matter
Accuracy
Relevancy
Obervation
Assignment

Above average students
HOTS
o   `Most of the poor households are still dependent  on informal sources  of credit’ .  Explain
o   Why should the bank and co-operative societies provide more loan facilities to the rural household in India?
v Interview with bank official

Average students
o   Give any three limitations of the barter system.
o   Distinguish between formal source and  informal source of credit.
Below average
MCQ
§  Which organization issues currency notes in India
a)     State bank of India
b)    Reserve bank of India
c)     Ministry of finance
d)    None of the above
Very short question
1)    What is money?
2)    Define barter system.

Remedial strategy
§  Repetition of main topics will be done through extra classes
§  Extra assignments and worksheets will be provided to students
§  Encourage oral expression instead of written reports.



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