Download - Prince Edward County Public Schools

Economics and Personal Finance
Syllabus
2015-2016
Instructor: Dewey G. Ford
Room#: 149
Administrative Contact: Dr. Brad Bryant
Open House: August 6, 2015
2:00 – 7:00 p.m.
Telephone: 434-315-2140
Voice Mail: 434-315-2100 ext. 4163
Parent/Teacher Conferences: September 17, 2015, 3:00-7:00 p.m., February 11, 2016, 3:00-7:00 p.m.
E-mail Address: [email protected]
Interim Dates: 9/11/14, 11/18/14, 2/03/15, 4/21/15
End of 9 weeks dates: 10/15/14, 12/18/14, 3/10/15, 5/24/15
Text:
Economics & Personal Finance: A Virginia Course, Boston, Pearson Learning Solutions, 2011.
COURSE DESCRIPTION: Students learn how to navigate the financial decisions they must face and to make informed decisions
related to career exploration, budgeting, banking, credit, insurance, spending, taxes, saving, investing, buying/leasing a vehicle, living
independently, and inheritance. Development of financial literacy skills and an understanding of economic principles will provide the
basis for responsible citizenship and career success. Instruction in economics and personal finance prepares students to function
effectively as consumers, savers, investors, entrepreneurs, and active citizens. Students learn how economies and markets operate and
how the United States’ economy is interconnected with the global economy. On a personal level, students learn that their own human
capital (knowledge and skills) is their most valuable resource.
OBJECTIVES:
The student will:
 Develop Economic Skills and Knowledge
 Develop Consumer Skills
 Demonstrate Knowledge of Planning for Living and Leisure Expenses
 Demonstrate Knowledge of Banking Transactions
 Demonstrate knowledge of Credit and Loan Functions
 Demonstrate Knowledge of the Role of Insurance in Risk Management
 Demonstrate Knowledge of Income Earning and Reporting
 Demonstrate Knowledge of Taxes
 Demonstrate Knowledge of Personal Financial Planning
 Demonstrate Knowledge of Investment and Savings Planning
 Demonstrate Workplace Readiness Skills
o Personal Qualities and People Skills
o Professional Knowledge and Skills
o Technology Knowledge and Skills
o Examine All Aspects of Industry
 Be strongly encouraged to participate/compete as an active member of Future Business Leaders of America (FBLA). This is
an organization for business students.
Materials: Three-ring binder, loose leaf notebook paper, ruler, pencil and pen (black), flash drive, financial or scientific calculator.
Course Requirements:
 Students are expected to adhere to the Student Code of Conduct/Handbook.
 Students are to bring required materials to class each day.
 Students are to turn in assignments on time.
 Projects will be assigned throughout the semester.
 Quizzes (announced and unannounced) will be given to students on a regular basis.
Last updated 5/28/15
Prince Edward County Public Schools
Syllabus
2015-2016





Any work missed due to absences must be made up in the time indicated in the student handbook.
The use of the computer is a privilege. Students must adhere to the Acceptable Computer Use Agreement and may not
download material or check e-mail unless prior permission has been granted by the instructor.
Attendance is mandatory. The attendance regulations as stated in the Prince Edward County High School Student Code of
Conduct/Handbook will be followed. If a student has been absent from class or is tardy to class, he/she is expected to bring
an admittance slip.
Students are to respect other students. There should be no talking while the teacher or another student is talking to the class.
Students are not to hit or touch other students.
GRADING:
Nine Weeks
Tests
Quizzes
Classwork
Homework
Participation
30%
25%
20%
15%
10%
Semester
First Nine Weeks of semester
Second Nine Weeks of semester
Exam (given at the end of each semester)
45%
45%
10%
Economics and Personal Finance
Syllabus
2015-2016
Time
Weeks
1 and 2
Reporting
Category:
Topic
Developing
Economic
Skills and
Knowledge
Work Place
Readiness –
Personal
Qualities and
People Skills
Weeks
3 and 4
Personal
Financial
Planning
CBT
EPF.
34-38
First Nine Weeks
Essential Knowledge and Skills
Location in Textbook
Basic economic concepts and structures- basic economics choices
Chap 2
EPF.
1-7
EPF
.101105
Student Life
EPF.3
0-33
Positive work ethic, integrity, teamwork, self-representation, diversity,
conflict resolution, creativity and resourcefulness
Chap 1
Personal Finances- Financial Needs vs Financial Wants; Short and Long
Term financial Goals, developing a personal budget
Chapter 3
PF 4-5
Purpose of student organizations, benefits of membership, leadership
skills, internet safety issues
Last updated 5/28/15
Prince Edward County Public Schools
Syllabus
2015-2016
Weeks
5 and 6
Weeks
7 and 8
Career
Exploration
EPF
.128136
N/A
Identify personal qualities/skills to determine employability;
entrepreneurship
Demonstrate
Knowledge of
Planning for
Living and
Leisure
Expenses
EPF.5
5-60
Financial Planning – Choices that impact your financial security
Career
Exploration
All Aspects of
Industry
EPF
3-4
22-29
Identify personal qualities/skills to determine employability.
Chapter 4
PF32-35
N/A
Week 9
Workplace
Readiness
Skills
EPF.0
01007
Chapter 13
Labor and Challenges- Factors that affect Income
PF41-PF43
Evaluate Personal Quality and People Skills
Chap 6
Explore basic economic concepts and structures
Role of producers and consumers in a market
Price system
Factors that affect income
Economic
Skills
EPF
34-37
econ.
Prince Edward County Public Schools
Syllabus
2015-2016
Second Nine Weeks
Time
Weeks
10-11
Reporting
Category:
Topic
Workplace
Readiness
Skills
CBT
EPF
.008.017
Essential Knowledge and Skills
Location in Textbook
PF42-43
Evaluate Professional Knowledge and Skills
Chapters 5 and 14
Demonstrate
knowledge of
banking
transactions
Week
12
Workplace
Readiness
Skills
61-68
Money Management; Money and Banking
EPF
.018.021
Evaluate Technology Knowledge and Skills
Economic
Skills
Chapter 8 and 9
Examining Supply and Demand
EPF
37-37
Prince Edward County Public Schools
Syllabus
2015-2016
Time
Weeks
13 &14
Week
15
Week
16
Week
17-18
Reporting
Category:
Topic
Developing
Consumer
Skills
Economic
Skills
Investment/
Savings Plan
Earning/Repor
ting Income
CBT
Essential Knowledge and Skills
Location in Textbook
EPF
43-51
Devise a plan for consumer success
Effect of Supply and Demand
Steps for making purchasing decisions
Consumer rights responsibilities
budget
Chapter 11and 15
EPF
40-42
Demonstrate economic skills and knowledge
effects of monetary & fiscal policy
role of government;
knowledge of global economy
Devise an investment and savings plan
simple interest vs. compound interest
costs and income sources
retirement planning
Demonstrate knowledge of income earning and
reporting
Examine Impact on income
Differentiate among Sources of income
Calculate net pay
Employee benefits and incentives
Complete W-4 form
Exams
Chapters 22 and 23
EPF
106111
EPF
84-88
Chapter 14
PF 10-21
Chapter 3, PF44
Prince Edward County Public Schools
Syllabus
2015-2016
Third Nine Weeks
Time
Weeks
19-22
Reporting
Category:
Topic
CBT
Essential Knowledge and Skills
Location in Textbook
EPF
.089.099
Demonstrate knowledge of taxes
PF46-47
Tax
Functions
Week
23-24
Banking
Transaction
s
EPF
.061.065
Examine banking services
Chapter 14
PF4-7
Weeks
25-26
Banking
Transaction
s
EPF
.066-.69
Examine banking services
Chapter 14
PF8-9
EPF
.070.080
Identify terms for obtaining credit and loans
PF22-28
Week
27-29
Credit/Loan
Functions
Prince Edward County Public Schools
Syllabus
2015-2016
Time
Weeks
30
Reporting
Category:
Topic
CBT
Consumer
Skills
EPF
.043.054
Weeks
31
Economic
Skills
EPF
.038
Week
32-33
Economic
Skills
EPF
.039.042
Weeks
34
Insurance
Week
35-36
Transportat
ion/
Housing/Le
isure
Expenses
Supplies required:
2” binder
Notebook paper
Pencils/pen
1 gigabyte flash drive
EPF
.081.083
EPF
.055.060
Fourth Nine Weeks
Essential Knowledge and Skills
Location in Textbook
Examine components that affect consumer spending
Product prices
Supply and demand
Marginal benefit and marginal cost
Types of contracts
Comparison-shopping
Filing system
Economic goals of a nation
Chapters 8 and 9
Nation’s financial system
Monetary and fiscal policy
Role of government in a market economy
Knowledge of the global economy
Demonstrate knowledge of the Role of Insurance in Risk
Management
Compare/contrast insurance coverage
roles of insurance in financial planning
Examine the costs for transportation/housing/leisure.
Chapters 23-24
Chap 6
Chap 4
PF 28
N/A