Amber Mack

Social Studies

Second Grade

Choosing Wisely Makes Cents!

Performance Task- GRASPS

Goal- You will find out where your money is needed most when you have to plan an event for someone. You will identify the opportunity costs that exist because of the choices you will be making.

Role- You and your partner will be party planners. You have been asked to plan a birthday party for one of your peers.

Audience- Your client will be one of your peers and his/her family.

Situation- The challenge involves dealing with only a certain amount of money. Your friend’s family will be giving you a budget of only $50. You and your partner have to spend the entire $50 on the following categories:

· Food

· Decorations

· Favors

· Entertainment

You and your partner must make some wise decisions on where the majority of the money should go versus the least amount of money.

Produce/Performance- You will create a table in order to show where your money has been spent in each of the above categories.

Standard/Criteria for Success- see rubric

Party Planner Rubric

	Excellent	Good	Needs Improvement
Table Organization	Table is neatly organized with labels.	Table is somewhat organized with some labels.	Table is not organized. Labels are not evident.
Dividing Budget	The group carefully divided the $50 amongst all categories. There was no money left over. The group did not overspend.	The group almost divided the $50 amongst all categories. There was some money left over or the group overspent.	The group did not divide the $50 amongst all categories.
Calculations	Calculations are accurate.	Calculations are somewhat accurate.	Calculations are not accurate.
Working Together	The group worked very well together.	The group worked very well together some of the time.	The group did not work well together.
Sharing	The group shared their table clearly to others. They explained their opportunity costs for the choices they made.	The group shared their table to others. They could explain some opportunity costs for the choices they made.	The group could not share their table clearly to others. They could not explain any opportunity costs for the choices they made.