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2.3 Using Math to Understand the Economic Impact of Agricultural Issues

This is a middle school lesson plan (Lesson MS.AI.2.3) from the Pork Checkoff Middle School Food and Agricultural Literacy Curriculum that teaches students about the economic impact of agricultural issues. Students define income, expense, and profit, then use average farm expense data to create a pie chart illustrating where a farmer’s money goes. The lesson uses an interest approach where students plan a hypothetical agriculture business and label its needs as income, expense, or profit.

At a glance

Learning objectives
  • As a result of this unit the student will… Discuss the economic impacts of agriculture.
  • As a result of this lesson the student will… Define income, expense, and profit.
  • Create a graph that illustrates farm expenses.
Time required
Instruction time for this lesson: 45 minutes.
Grade level
Middle School
Materials
  • Overhead projector
  • Paper
  • Colored Pencils
  • Calculators
  • MS.AI.2.3.ASSESS.A – one per student
  • MS.AI.2.3.TM.A – one per teacher
  • MS.AI.2.3.TM.B – one per teacher
  • MS.AI.2.3.AS.A – one per student
Precepts
J. Mental Growth; J2. Think creatively
Key Terms
Income, Expense, Profit
Lesson Number
MS.AI.2.3

Downloads & Links

Aligned Standards

National Standards

  • NL-ENG.K-12.3Evaluation Strategies — Students apply a wide range of strategies to comprehend, interpret, evaluate, and appreciate texts.
  • NL-ENG.K-12.8Students use a variety of technological and information resources to gather and synthesize information and to create and communicate knowledge.
  • NM-COMM.PK-12.1Organize and Consolidate Their Mathematical Thinking Through Communication
  • NM-NUM.6-8.2Understand Meanings of Operations and How They Relate to One Another
  • NM-REP.PK-12.1Create and Use Representations to Organize, Record, and Communicate Mathematical Ideas
  • NSS-EC.5-8.13Income and Earning

National Standards (AFNR)

  • ABS.05.01.01.aIdentify accounting information in AFNR business reporting and management.

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