| Economic Decision Making |
|
|
|
|
|
|
| Make decisions by systematically considering alternatives and consequences through the use of cost benefit analysis. |
Budget Game – Core Component
Lesson – Budgeting
Lesson – Budgeting and Spending Strategies
Lesson – Spending and Savings Plans
Lesson – Researching Spending |
|
|
|
|
|
| Assess the incentives for investing in personal education, skills, and talents. |
Lesson – Pay Yourself First
Lesson – Good Debt, Bad Debt
Lesson – Career Development
Lesson – Work VS Study
Lesson – What are Incentives? |
|
|
|
|
|
| Financial Literacy |
Activity |
Long-Term Game |
Comprehensive Chapter |
Short Lesson |
Interactive Calculator |
Graded Assessment |
| Develop a budget using a financial record keeping tool. |
Budget Game – Core Component |
|
|
|
|
|
| Compare and contrast different types of banking accounts and features. |
Lesson – Banks, Credit Unions, and Savings and Loans
Lesson – Debit Cards
Lesson – Preparing for Retirement |
|
|
|
|
|
| Assess the effects of taxes on personal income. |
Lesson – Taxation Overview
Lesson – Common Tax Deductions
Lesson – Common Tax Additions
Lesson – Sales Tax |
|
|
|
|
|
| Compare and contrast possible career choices. |
Lesson – Career Development
Lesson – Income and Compensation
Lesson – Work or Study
Lesson – Starting a Business |
|
|
|
|
|
| Compare and contrast the costs and benefits of different types and sources of credit and debt. |
Lesson – Using Credit
Lesson – Good Debt, Bad Debt |
|
|
|
|
|
| Investigate strategies to effectively manage debt and factors that influence credit ratings. |
Budget Game – Core Component
Lesson – Credit Reports
Lesson – Managing Debt |
|
|
|
|
|
| Explain the importance of saving and investing early to ensure financial security. |
Budget Game – Core Component
Lesson – Pay Yourself First
Lesson – Building Wealth
Lesson – Planning Long Term Purchases
Lesson – Preparing for Retirement
Activity – Use the Saving to be a Millionaire Calculator
Activity – Use the Compound Interest Calculator |
|
|
|
|
|
| Develop an investment strategy to achieve short- and long-term goals utilizing a variety of investment vehicles. |
Lesson – Investing Strategies
Lesson – Building a diversified portfolio
Activity – Use the Net Worth Calculator |
|
|
|
|
|
| Examine appropriate and cost effective risk management strategies. |
Lesson – Risk
Lesson – Protecting Against Fraud
Lesson – Home Owner’s Insurance
Lesson – Life Insurance |
|
|
|
|
|
| Exchange and Markets |
Activity |
Long-Term Game |
Comprehensive Chapter |
Short Lesson |
Interactive Calculator |
Graded Assessment |
| Summarize the role of competition, markets, and prices. |
Lesson – Benefits of Competition
Lesson – Supply and Demand Examples in the Stock Market
Lesson – What is the New York Stock Exchange?
Lesson – Understanding Price Movements
Lesson – Inflation |
|
|
| | |
| Illustrate how markets determine changing equilibrium prices through supply and demand analysis. |
Lesson – Supply and Demand Examples in the Stock Market |
|
|
|
|
|
| Hypothesize how competition between sellers could result in lower prices, higher quality products, and better customer service. |
Lesson – Benefits of Competition
Lesson – Labor and Productivity
Lesson – What is Specialization? |
|
|
|
|
|
| Investigate possible causes and consequences of shortages and surpluses. |
Lesson – Why is there Scarcity?
Lesson – The Business Cycle
Lesson – What is Supply?
Lesson – What is Demand? |
|
|
|
|
|
| National Economy |
Activity |
Long-Term Game |
Comprehensive Chapter |
Short Lesson |
Interactive Calculator |
Graded Assessment |
| Explain how various economic institutions have played a role in United States economic policy and practice. |
Lesson – Government impact on the economy
Lesson – Monetary Policy
Lesson – Fiscal Policy Explained
Lesson – What is the Federal Reserve? |
|
|
|
|
|
| Calculate and describe the impact of economic indicators. |
Lesson – Major Economic Indicators (GDP, CPI, Jobs)
Lesson – Gross Domestic Product
Lesson – Unemployment |
|
|
|
|
|
| Describe the functions and role of the Federal Reserve System and its influence through monetary policy. |
Lesson – Monetary Policy
Lesson – What is the Federal Reserve? |
|
|
|
|
|
| Assess how property rights are defined, enforced, and limited by government. |
Lesson – Property Rights |
|
|
|
|
|
| Examine how governments utilize taxation to provide goods and services to society. |
Lesson – Fiscal Policy Explained |
|
|
|
|
|
| Evaluate the effectiveness of government policies altering market outcomes. |
Lesson – Government impact on the economy
Lesson – Monetary Policy
Lesson – Fiscal Policy Explained
Lesson – What are Price Controls? |
|
|
|
|
|
| Critique government policies and regulations in areas of market failure. |
Lesson – What is Economics?
Lesson – Externalities
Lesson – Understanding Price Movements
Lesson – Stock Market Crash of 1929 |
|
|
|
|
|
| Explore various forms of taxation including income, sales, and capital gains and examine how governments can use taxing and spending policies to influence behavior. |
Lesson – Taxation Overview
Lesson – Sales Tax |
|
|
|
|
|
| Examine the impact of fiscal policy on budget deficits/surpluses and national debt. |
Lesson – Fiscal Policy Explained |
|
|
|
|
|
| Global Economy |
Activity |
Long-Term Game |
Comprehensive Chapter |
Short Lesson |
Interactive Calculator |
Graded Assessment |
| Explore comparative advantage among different countries. |
Lesson – Comparative Advantage
Lesson – International Trade |
|
|
|
|
|
| Analyze the impact on prices and quantities of various trade policies, both domestically and internationally. |
Lesson – International Trade
Lesson – What are Price Controls?
Lesson – What is Economic Growth? |
|
|
|
|
|
