Business/Consumer Economics - Grades 11-12

District 2853

Week

Content

Performance Standards Addressed

Skills for Student Achievement

Assessment

 

1-2

·         Career Unit

 

·         Research for a career online

·         Create business formatted cover letter, resume, and follow-up letter for a job

·         Complete an employment application

·         Projects

3-7

·         Savings and investing

 

·         Demonstrate understanding of compound interest

·         Identify various ways to save and invest including; stocks, bonds, mutual funds, real estate, retirement accounts, cd’s, money market, savings, checking

·         Identify the advantages and disadvantages of each option

·         Describe situations to use each option

·         Projects

·         Activities

·         Test

8

·         Banking Services

 

·         Compare various banks in the area and the services they provide

·         Describe how this relates to the savings and investing unit just completed

·         Projects

·         Activities

9-11

·         Credit

 

·         Describe what credit is

·         Identify why credit is important

·         Discuss credit reports

·         Identify ways to get good credit

·         Identify features of the credit card

·         Projects

·         Activities

·         Test

12

·         Auto Purchase

 

·         Discuss things to consider when making a major purchase

·         Research 2 vehicles to purchase

·         Compare various banks and the interest rates for an auto loan

·         Figure out loan payment for the vehicles

·         Projects

·         Activities

13-14

·         Insurance Options

 

·         Identify the reasons to purchase various insurance policies

·         Describe the difference between auto, life, health, home, extended care, etc. insurance

·         List state minimum requirements for auto insurance

·         Activities

·         Test

15

·         Rent v. Buying a Home

 

·         Identify advantages and disadvantages of renting a place to live and buying a home

·         Figure out home much able to afford monthly to live

·         Research a place to live, rent and buy

·         Projects

·         Activities

 

16-17

·         Budgets

 

·         Describe what a budget is

·         List reasons to create a budget

·         Create a budget

·         Projects

·         Activities

18

·         Taxes

 

·         Identify when you need to file tax return

·         Identify which tax return you will need to file

·         Complete a 1040EZ, 1040A, and 1040 tax return

·         Projects

·         Activities

19-20

·         Checking Accounts

 

·         Maintain a check book (simulation)

·         Reconcile the check book to the bank statement

·         Projects