This is our first venture into the world of business math. Using Eugene Schwartz’s lectures as a guide, I introduced a few economic ideas during the block, then we practiced the mathematic concepts more during the rest of the year.
We started with a history of bartering and money:
Then I presented a lesson about the first international banks, created by medieval knights during the crusades:
And we further explored the modern concepts of banking, loans, and interest:
In preparation for this block, I read Mathematics Lessons for the Sixth Grade by Ernst Schuberth, but I did not find much of it helpful. Maybe a chapter or so. I found a few more helpful bits in Math Lessons for Elementary Grades by Dorothy Harrer. I often use Making Math Meaningful as a reference and guide, and this block was no exception. However, I used Eugene Schwartz’s information more than anything else.