Download Curriculum Map Discipline: Career and Technical Education Course: Personal Finance

Curriculum Map
Discipline: Career and Technical Education
Course: Personal Finance
Teacher: Brian McAndrew
August/September:
Standards:
1.A.5A - Identify and analyze new terminology applying knowledge of work origins and deriviations in a
variety of practical settings
4.A.4b Apply listening skills in practical settings (e.g., classroom note taking, interpersonal conflict
situations, giving and receiving directions, evaluating persuasive messages)
10.A - Organize, describe and make predictions from existing data
14.E.4 - Analyze historical trends of United States foreign policy (e.g. emergence as a world leader military, industrial, financial)
15.A .5d - Explain the comparitive value of the Consumer Price Index
16.C - Understand the development of economic systems
7.A - Measure and compare quantities using appropriate units, instruments and methods
11.A - Know and apply the concepts, principles, and processes of scienfic inquiry
Essential Questions:
What are the resources for a consumer to become informed?
What information do businesses provide to consumers?
What is comparison sopping?
How do unit prices help us to comparison shop?
What are the different types of product sales?
What is the difference between national, store and generic brands?
What are the different types of retail store?
What is the CPI?
What are the highlights of the consumer movement?
What are the seven rights every consumer has?
What is fraud?
What is the difference between a warranty and a guarantee
Content:
Informed consumer
Consumer buying decisions
Consumer rights and responsibilities
The Banking system and financial services
Open a checking account
Skills:
Describe the informed consumer in our economic system
ID the three types of consumer organizations
List ways in which businesses provide consumer information
ID some questions consumers should ask when selecting a product of service
List steps to follow when making a buying decision
Explain the importance of a business's reputation
Determine the value of brand names
Define how a consumer becomes an efficient shopper
Describe the consumer price index
Describe the consumer movement
ID the seven consumer rights
ID five consumer responsibilities
Describe the major types of deposit and non-deposit type financial institutions
Explain the services provided by financial institutions
ID the functions of the Fed
Explain how banks earn money, help communities, and create economic growth
Explain the differences between checking accounts
Explain the process of opening a checking account
Define and show the different types of endorsements
Assessment:
Quiz/Test: Matching, multiple choice, and short answer
Class participation: Daily assignments and class demonstration/discussio
Check writing simulationsn
Criss strategy: highlighting and underlining
October:
Standards:
1.A.5a - Indentify and analyze new terminolgy applying knowledge of work origins and derivation in a
variety of practical settings
4.A.4b Apply listening skills in practical settings (e.g., classroom note taking, interpersonal conflict
situations, giving and receiving directions, evaluating persuasive messages)
5.A - Locate, organize and use information from various sources to answer questions, solve problems and
communicate ideas
6.B.4 - Select and use appropriate arithmetic operations in practical situations including calculating wages
after taxes, developing a budget and balancing a checkbook
7.A - Measure and compare quantities using appropriate units, instruments and methods
10.A - Organize, describe and make predictions from existing data
11.A - Know and apply the concepts, principles and processes of scientific inquiry
16.B - Understand the development of signifcant political events
1.C.5d - Summarize and make generalizations form content and relate them to the purpose of the material
6.D.4 - Solve problems involving recipes or mixtures, financial calculations adn geometric similarity
using ratios, proportions and percents.
15.B.4a - Explain the costs and benefits of making consumer purchases through differing means (e.g.
cash, credit)
4.B - Speak effectively using language appropriate to the situation and audience
Essential Questions:
What are the four deposit type institutions?
What are the six non-deposit type institutions?
What are the types of service offered by financial institutions?
What is the FED?
What are the advantages lf a checking account?
What are the different types of checking accounts?
How would you open and maintain a checking account?
What is an endorsement and what are the four types?
What are the different kinds and parts of a check?
What is EFT?
How does a check clear?
What type of information is found on a bank statement?
What is credit?
What are the three types of credit?
What are the three "C's" of credit?
What is a FICO score?
What are the different types of charge accounts?
What is the difference between installment and (revolving) credit cards?
What is simple and compound interest?
What is APR?
What are your credit rights?
Content:
Using checks and other payment methods
Checking account and other financial services
Fundamentals of credit
Effects on economy
The uses of credit
The cost of credit
Credit records and regulations
Skills:
Demonstrate proper checking-writing procedures
Explain the purpose of a stop-payment
Name the three types of special checks
Describe the concept of Electronic funds transfer
Explain how checks clear the banking system
Describe information on your bank statement
Reconcile a checking account
Discuss factors to consider when selecting a financial institution
What credit is and how it is used
Distinguish the different types of credit
How credit is granted (3 C's)
Dis/Advantages of credit
Describe the three types of charge account
Name the common types of credit cards
Differentiate between credit cards sales and installment sales
How is simple interest computed?
Different types of installment loan payback
What are the costs of credit?
Discuss credit applications
Explain the purpose of a credit report and how you should use it
Explain how to build and keep good credit
Assessment:
Quiz/Test: Matching, multiple choice, and short answer
Daily assignments
Class discussion from personal examples
Reading quizzes
Criss strategy: highlighting and underlining
November:
Standards:
1.A.5a - Indentify and analyze new terminolgy applying knowledge of work origins and derivation in a
variety of practical settings
1.C.5d - Summarize and make generalizations form content and relate them to the purpose of the material
6.B.4 - Select and use appropriate arithmetic operations in practical situations including calculating wages
after taxes, developing a budget and balancing a checkbook
11.A - Know and apply the concepts, principles and processes of scientific inquiry
4.A.4b Apply listening skills in practical settings (e.g., classroom note taking, interpersonal conflict
situations, giving and receiving directions, evaluating persuasive messages)
5..A - Locate, organize and use information from various sources to answer questions, solve problems and
communicate ideas
7.A - Measure and compare quantities using appropriate units, instruments and methods
10.A - Organize, describe and make predictions from existing data
16.B - Understand the development of signifcant political events
Essential Questions:
What is money management?
What are financial statements?
What is a budget?
What are the key elements of a budget?
What is a savings plan?
What three main factors should be considered in selecting a savings plan?
What effect does savings have on an economy?
What are the different types of savings and retirement accounts?
What is a stock, bond, and mutual fund?
Content:
Money Management
Budgeting
Savings
Investing in stock, bonds and others
Skills:
List four ways to manage your money
Explain why you can manage your money wisely
Describe the two financial statements that determine you financial status
Describe the main purpose of a budget
Explain the steps in preparing a budget
List characteristics of a good budget
Explain why you should have a savings plan
Be able to compute interest on savings
Discuss the factors you should look into in comparing savings plans
Describe how savings helps our economy
Explain the Ad/Disadvantages of CD
Describe an IRA
Explain how investing in bonds is different than investing in stocks
Describe the factors to consider when selecting investments
Explain the benefits of investment clubs
Assessment:
Quiz/Test: Matching, multiple choice, and short answer
Daily assignments
Class discussion from personal examples
Reading quizzes
Criss strategy: highlighting and underlining
December:
Standards:
1.A.5a - Indentify and analyze new terminolgy applying knowledge of work origins and derivation in a
variety of practical settings
1.C.5d - Summarize and make generalizations form content and relate them to the purpose of the material
4.A.4b Apply listening skills in practical settings (e.g., classroom note taking, interpersonal conflict
situations, giving and receiving directions, evaluating persuasive messages)
5..A - Locate, organize and use information from various sources to answer questions, solve problems and
communicate ideas
10.A - Organize, describe and make predictions from existing data
3.C.5b Write for real or potentially real situations in academic, professional and civic contexts (e.g.,
applications, job applications, business letters, resume, petitions)
Essential Questions:
What are some other types of investments?
What is the work force?
What is the difference between service and goods producing industries?
What is downsizing?
What is derived demand?
What is the difference between a job and career?
What is career planning?
Where can you find different sources about careers?
What items must you consider in choosing a career
Content:
Other investments
Human resources in our economy
Planning a career
Skills:
Discuss the process of buying a home
Explain the advantages and disadvantages of home ownership
Describe other types of investing
Explain why HR is a vital economic resource
ID the different types of industries and occupational groups in our workforce
Discuss the factors that affect job opportunities and how the workforce is changing
Explain career planning and list resources of career info.
Discuss the difference between abilities and values
Describe the five steps to take when making a career decision
Assessment:
Quiz/Test: Matching, multiple choice, and short answer
Daily assignments
Class discussion from personal examples
Reading quizzes
Stock game
Criss strategy: highlighting and underlining
January:
Standards:
1.A.5a - Indentify and analyze new terminolgy applying knowledge of work origins and derivation in a
variety of practical settings
1.C.5d - Summarize and make generalizations form content and relate them to the purpose of the material
4.A.4b Apply listening skills in practical settings (e.g., classroom note taking, interpersonal conflict
situations, giving and receiving directions, evaluating persuasive messages).
5..A - Locate, organize and use information from various sources to answer questions, solve problems and
communicate ideas
10.A - Organize, describe and make predictions from existing data
Essential Questions:
What are the different types of risk?
How can purchasing insurance help to minimize risk?
What are the four kinds of business?
What are the seven common business activities?
Content:
Risk Management
Businesses in our economy
Skills:
Explain the various types of risk and how economic risk can be avoided
Describe insurance, coinsurance, and the different types of losses that can be covered
List the factors that affect the cost of insurance
Distinguish the four basic kinds of business
Recognize the seven kinds of activities performed by businesses
Understand how jobs are created in our economy
Assessment:
Quiz/Test: Matching, multiple choice, and short answer
Daily assignments
Class discussion from personal examples
Reading quizzes
Criss strategy: highlighting and underlining