I wanted to post here two lesson plans on financial vocabulary which go rather well together.
We have Market Leader 3rd edition and, frankly speaking, I dislike the book and the way material is organized there, so I have to create and find a lot of activities to make it more interesting and effective.
Aim: at the end of the lesson the students will be able to use the target vocabulary to speak about financial situation in different companies.
1. To introduce the topic in a simple and relaxed way I decided to play hangman with the word INVESTMENT. Then we discussed several questions on the topic like the following:
a) Would you like to invest money if you had enough?
b) What would you invest in?
c) What do you need to know to invest successfully?
d) What qualities should an investor have?
2. I chose the vocab book which is called “Words at work”. Unit 14 is dedicated to the investment and finance. We did exercises 1a (individually and as a whole class), 1b (in pairs and as a whole class) and 2a (individually, then in pairs, then as a whole class).
After that I asked students in pairs to give each other definitions and words for the definitions to memorize the vocab.
3. Unfortunately, I can’t possibly find the story I created for “fill in the gaps” task. It was a success story of a company with most of the words and phrases. We did it in pairs and then checked as a whole class.
4. For the final task I wanted them to change the partners so I wrote some phrases on cards with the beginning on one card and the ending on another, so that they could find a new partner by matching them. As I had only three students that day I was somebody’s partner.
The task was to make up a news report on financial situation in a company after some events. I offered some ideas to the students but they were free to invent their own. The ideas were: “Nokia after the merger with Microsoft” and “Apple after launching of iPhone 5”. One of the students in one pair was a news anchor and another was an expert, in my pair I just helped a student to create the text and he performed as a news anchor alone.
5. We performed the reports and gave each other feedback.
Aim: to revise previously taught vocabulary and get acquainted with new phrases in order to use them to describe financial events.
1. To revise the previously taught vocab I created a word cloud with all the words plus some extra words on finance already familiar to the students. You can do it here http://worditout.com/word-cloud/make-a-new-one.
I read the definitions of the words and they numbered the words. After that I gave them the definitions and they checked the answers in pairs. Then we checked it as a whole class (usual checking stuff, you know)
2. Market Leader p 53. We did the vocab tasks as they are given, checked in pairs and together.
3. The next task can be described as a dictation of a graph. It can be modified depending on the number of students. If you have an even number of them they can dictate to each other, if the number of students is odd, as I had three students you can give a graph to one of the students sitting their face to the board and one student would draw on the board and one more student would sit with their back to the board and draw the same on a sheet of paper.
As you put your students in the necessary positions do your best to explain the task as easy as possible.
a) the person who has a graph dictates everything to their partner
b) he/she has to replace the underlined words with definitions
c) the person drawing the graph on the board or on the sheet of paper should guess the words from definitions and write original words
When everything is dictated the both graphs should look the same.
Here are the examples of the graphs:
4. The last task is taken from the book “Words at work”, exercise 9. It is a game where when getting on a cell with a situation you should decide whether it’s good or bad for your company and move 2 cells forward or back accordingly. It’s relaxing after such a challenging activity as the previous one.
After these two lessons I was sure that the students learnt the vocab quite well as they could freely use it without looking at their notes.