On the Banks of Banking. Objective objectives. Project work

On the Banks of Banking

Warm up

Ask students to read the dialogue on the opposite page. Select two students to act as Diane and Joe in the short scene. Subsequently, have students explain their answers to the following questions:

·  Why do people, such as Diane, believe that using the services of a bank is unnecessary?

·  How would you respond to what Diane said?

·  Which criticism about banks is the most valid? Do you agree with Diane that money orders and check cashers are good substitutes for a checking account?

·  If you represented Diane’s neighborhood bank, how would you respond to Diane’s criticisms?

·  What question does the short scene with Diane and Joe raise about the necessity of using banks? (“How necessary is it for most people to use the services of a bank?”)

Objective objectives.

Start introducing objectives of the class to the students and ask them to prolong the list.

After completing this project you will be able to:

·  Discuss the variety of services that different banks offer

·  Compare and contrast some of the major savings products offered by banks to their customers

·  Examine the benefits and responsibilities of having a checking account

·  Explain the reasons why so many people are unbanked and suggest strategies to encourage them to open bank accounts

Ask students which of the objectives interests them most and if you had an expert on banking in class, what questions would they ask about the topic?

Project work Explain that in this activity students will be required to complete a project about the topics referred to the objectives. After that, they will have a chance to show what they have learned by creating a set of public service announcements for:

1)  Radio

2)  Television

3)  Newspapers

Before getting down to project work have students to explain their answers to the questions

·  What do you know about the features of a good radio public service announcement?

·  What do you know about the features of a good television public service announcement?

·  What do you know about the features of a good newspaper public service announcement?

Discuss with the class your specifications and expectations for the projects, including deadlines, criteria for grading their public service announcements, and format for acknowledgements.

Explain to students that most of the information for their projects should come from reading the bank of information and fulfilling tutorials. Divide the class into four groups. Assign each group a different one of the following abstracts and related websites to read:

Overview of Banking Services 1st American People's Bank.doc/Bank of information; Banking Services (http://www.belinvestbank.by/en/banking-services/ Bank of information folder)

Savings Products http://en.wikipedia.org/wiki/Savings_accounts,/ Bank of information folder

Checking Accounts http://www.wisegeek.com/what-is-a-checking-account.htm /Bank of information folder

The Unbanked

From the Federal Reserve Board.doc /Bank of information

After completing their readings, have students explain their answers to the following:

·  Describe what you found on the page(s) you have read.

·  What did you learn about the topics from your reading?

·  What other questions do you have about the project?

Summary:

Ask students to explain their answer about the following question:

What do you hope to learn by completing this project?