How money is created

The main goals of this ESL lesson plan are to:

• – acquire financial terminology through dialogue analysis and reading bank correspondence while engaging with monetary system concepts;
• – master modal verbs and expressions for speculation and deduction through structured grammar instruction and interactive categorization exercises;
• – enhance critical thinking and personalization skills by watching educational videos about money creation, discussing borrower reactions to banking situations, and adapting sentences to reflect individual perspectives and experiences.

This Upper Intermediate lesson plan focuses on expanding vocabulary related to the monetary system and mastering the use of modal verbs and expressions for speculation and deduction.

Warm-up

We’ll start with an engaging activity where students go through a brief dialogue.

Video

A viewing of “How Banks Create Money” will serve as a conversation starter. Post-viewing, we’ll dive into the video’s key takeaways through a series of questions designed to elicit both straightforward and deeper thinking responses.

Grammar

This segment will concentrate on the accurate application of modal verbs and phrases used for speculation and deduction, accompanied by straightforward examples.

Exercises

Students will have the chance to practice their new knowledge through interactive tasks, including categorizing sentences and identifying the outlier.

Reading

A reading exercise involves a concise letter from a bank to a borrower, followed by a discussion on potential borrower reactions.

Discussion

The lesson concludes with an exercise where students personalize sentences to reflect their own perspectives.