EdTPA Lesson Plan for Business Teaching

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Teacher Name: Mrs. Katie Kopp Lesson Title: The Credit Score
Date: 4-12-21 Course/Subject Area: Personal Finance
Hour/Time: 4th hour 10:38-11:32am Grade Level: 10-12th Grade
Central Focus Understanding the costs and benefits of various types of credit.

- General goal or outcome of the lesson

in simple terms.

Content Achievement Standard Standard: Analyze factors that affect the choice of credit, the cost of credit, and the legal aspects of using
credit.
- Listed in the NBEA Standards book.

Performance Expectations (Level #) Level 1: Describe the risks and responsibilities associated with using credit.

- Listed below each achievement Level 2: Determined advantages & disadvantages of using credit
standard in the NBEA Standards book. Level 2: Explain the need for a sound credit rating.
Level 2: Describe the process to establish credit

Learning Targets/Objectives Students will be able to identify what a FICO Score is and what it measures.

- Re-write the performance expectation Students will be able to list real-world examples to operate without a FICO Score.
using specific and measurable terms Students will be able to discuss how Credit Scores are based on utilizing debt. Not going into debt means
(“Students will be able to…”). Refer to that they will not need to worry about their FICO Score.
the Bloom’s Taxonomy verbs. Refer to
the MN Frameworks documents for this
content area.

Academic Language FICO, Credit Score, Credit Report

- In reviewing the standard, performance

expectations, and learning objectives –
clarify any words that need to be
explained (content specific or cognitive
domain/action words).

Support Student Learning Provided pre-filled in Chapter 4 packet for students to follow along.
(Modifications)
 - What will be provided during the
instructional time to support learning
(graphic organizers, visual aids,
graphics, notes, word banks, etc.)

Resources/Materials Needed Article: https://www.cnbc.com/select/what-is-a-credit-score-and-how-to-check-yours-for-free/

Chapter 4 Packet pages 90-91
- PowerPoints, textbook, e-book, View Board
websites, interactive devices, Computers
worksheets, technology Video 3.1

Lesson Segment (Time)
Anticipatory Set (5 minutes)
- Engage students, connect with prior
learning, explain what students will
learn, explain what students will do
Activity Description (Teacher Does)
Teacher will remind students topics from past
lesson on credit score and introduce article on credit
for students to read through on their own.
Article: A good credit score can save you thousands
of dollars—here’s how to understand and check
yours for free
https://www.cnbc.com/select/what-is-a-credit-score-
and-how-to-check-yours-for-free/
Activity Description (Student Does)
Students should open the link the teacher shared
with them on their computers.
Please take a few minutes and read through this
article on your own. Students should keep in mind
what we learned about credit & analyze this article
based on what we learned during our past lesson.
Students are asked to share anything they found
interesting from the article. What benefits did the
article list for having a good credit score.

Teacher will review article with the class asking for

them to share with the class interesting points from
the article.

Introduction of New Material (15
minutes)
- Provide direct instruction of content,
model new skills, explain new concepts
and terms, formative assessment to
check for understanding
Teacher will review with the class 5 components of
what makes up the FICO Score from Section 3 and
how the exact same criteria was listed in the recent
article.
Key point: Highlighting and reminding the class that
we learned that every measurement is only
measuring an individual’s debt. There is NO
MEASUREMENT for how well you handle money.
Read through as a class page 91 of workbook that
shares examples of how we avoid credit and live
without a FICO Score.
Ask students to read through the three examples
listed & discuss.
Read through as a class the 5 components of the
FICO Score. The FICO Score is another name for a
credit score.
Asking students to answer if we are living by the
principals to avoid debt are we are concerned with
what our FICO Score is?
Call on students to read the real-world examples of
how to address not having a FICO Score.
Asking students to comment on how this works in the
real-world and discuss how being prepared and debt
free this won’t be a problem.
 1. How do I rent an apartment?
2. How do I take out a mortgage?
3. What if an employer wants to see my credit
score during the interview process?
Teacher will ask students for their comments on
the real-world examples and share how we can
be prepared in these situations despite what
society tries to say about credit.

Guided Practice (20 minutes)
- Facilitate student work, walk through
activities with students, working
together as a large group, or small
groups with consistent teacher check-in
time
Teacher will have the students watch the video on Students should pull out Chapter 4 workbook if they
Section 3 regarding the myth of credit. haven’t already. Minimize their screen so they are
free of distractions and get something to write with to
Students should make sure they have their complete blanks on page 90.
workbook opens to fill in the blanks as they follow
along with the video on page 90.
Reminder to students to minimize screen, put
phones away, and pay attention while video is
playing.

Independent Practice (10 minutes)
- Assign individual classwork and
homework (should reflect similar
content and expectations used in
guided practice), teacher walk-around
to assist.
Teacher will ask students to fill out journal question
from video 3.1.
What does a credit score measure?
Ask students to share their journal answers with the
class.
Students should complete their Journal question from
Video 3.1 on page 91.
Students are asked to share what they wrote for the
journal question.

Closure/Assessment (2 minutes)
- Review learning objective/s, summarize
learning, clarify homework assessment
Review lesson that credit is viewed as important for Student’s journals should be completed by the end of
those who operate with debt. Tomorrow’s lesson will the hour.
be on how credit is report to Credit Bureaus, dealing
with Identity Theft.
Walk around the room to make sure students have
completed their video journal before the end of
class.