Step 1: Identify what students should know, understand and be able to do (skills)
I began by identifying what each student should know, understand and be able to do as a result of a particular chunk of learning. In this case, students needed to "demonstrate financial planning skills and produce a...personal financial plan (e.g. monthly plan, budget)."Step 2: Identify one or more formats for the product
Next, I brainstormed all of the types of evidence that a student could use to show they have met these learning outcomes. For example, they could- Complete a monthly budget worksheet for themselves
- Analyze a case study that requires a monthly plan
- Complete a quiz on key terms and processes
- Role-play between a financial planner and client
- Create a board game that illustrates income, expenses and savings, etc.
Step 3: Determine expectations for quality
- The student understands the relationship between types of income, fixed and flexible expenses.
- The student demonstrates the use of planning skills (gathering information, organizing a budget/project).
- The student uses critical/creative thinking processes (evaluation of spending and saving goals, actual versus planned budgeting).
- The student makes connections between the financial planning process and future career and life goals.
Step 4: Decide on scaffolding needed
Assessment | Readiness | Interests | Learning Profile |
Create a monthly budget using a template | Basic understanding of terms and concepts | Wants concrete application of learning of this topic | Works best with clear instructions, small steps and linear approach. Prefers working on own assignment |
Create a board game | Strong conceptual understanding | Wants to expand and extend their learning of this topic | Is stimulated by creative challenges and conceptual thinking. Prefers working with peers. |
Create a role-playing game | Strong conceptual understanding | Wants to expand and extend their learning of this topic | Is stimulated by open-ended challenges and enjoys abstract thinking. Prefers working with peers. |
Note: Many of the concepts discussed here are borrowed from one of the foremost authors on the subject, Carol Ann Tomlinson, in her book How to Differentiate Instruction in Mixed-Ability Classrooms (2nd Edition).