Download ROCKY FORD CURRICULUM GUIDE SUBJECT: Economics

ROCKY FORD CURRICULUM GUIDE
SUBJECT: Economics
Standard and Grade
Level Expectation
2. Economic
policies affect
markets
Evidence Outcome
c.Identify government activities
that affect the local, state, or
national economy M
GRADE: 12
Student-Friendly
Learning Objectives
Identify the sources of
the governemnt’s
authority to tax.
Describe types of tax
bases and tax
structures.
Identify who bears the
burden of a tax.
List the characteristisct
of a good tax.
Describe the process of
paying individual
income taxes.
Explain the purpose of
Social Security,
medicare, and
unemployment taxes.
Idenitfy other types of
taxes.
Distinguish between
mandoatory and
discretionary spending.
Level of
Thinking
TIMELINE: 3rd Quarter
Resource Correlation
Comprehension National Association of
Counties www.
Naco.org/countieswork
or 1civics.org
Prentise Hall chapter 14
Academic
Vocabulary
Tax
Revenue
Progressive tax
Proportional tax
Regressive tax
Individual income
tax
Corporate
income tax
Property tax
Sales tax
Incidence of a tax
Withholding tax
treturn
Taxable income
Personal
exemption
Tax deduction
Mandatory
spending
Discretionarloy
spending
Entitlement
Operating budget
Captial budget
Describe the major
entitlement programs.
© Learning Keys, 800.927.0478, www.learningkeys.org
Page 1
ROCKY FORD CURRICULUM GUIDE
SUBJECT: Economics
Standard and Grade
Level Expectation
Evidence Outcome
GRADE: 12
Student-Friendly
Learning Objectives
Level of
Thinking
TIMELINE: 3rd Quarter
Resource Correlation
Academic
Vocabulary
Identify categories of
discretionary spending.
Explain how states use
a budget to plan their
spending.
Identify where state
taxes are spent.
Lsit the major sources
of state tax.
Describe local
government spending
and sources of revenue.
e. Analyze how positive and
negative incentives influence
the economic choices made by
individuals, households,
businesses, governments, and
societies C
Describe how the
federal budget is
created
Identify the limits of
fiscal policy.
Compare and contrast
classical economics and
Keynesian economics
Explain the baskic
principles of supply side
economics.
Describe the role that
© Learning Keys, 800.927.0478, www.learningkeys.org
Analysis
Charles Wheelan
Fiscal policy
Naked economics
Federal budget
Prentise Hall chapters 15 Fiscal year
National debt clock
Classical
economics
Productive
capacity
Demand-side
economics
Keynesian
econics
Supply-side
economics
Budget surplus
Page 2
ROCKY FORD CURRICULUM GUIDE
SUBJECT: Economics
Standard and Grade
Level Expectation
Evidence Outcome
GRADE: 12
Student-Friendly
Learning Objectives
Level of
Thinking
fiscal policy has played
in American history.
TIMELINE: 3rd Quarter
Resource Correlation
Academic
Vocabulary
Budget deficit
Treasury bill
Treasury note
Treasury bond
National debt
Explain the importance
of balancing the budget.
Analyze how budget
deficits add to the
national debt.
Summarize the
problems casued by the
national debt.
4. Design, analyze,
and apply a
financial plan based
on short- and longterm financial goals
a.Develop a financial plan
including a budget based on
short- and long- term goals I
Expalin the
characteristics of sole
proprietorships
Explain the
characteristics of
partnerships.
Explalin the
characteristic of
corporations
Create a business plan
© Learning Keys, 800.927.0478, www.learningkeys.org
Application
Prentise Hall chapters 8, Sole
10, 11
proprietorship
Robert Kyosaki Rich Dad Business
Poor Dad
organization
Business license
Partnership
General
partnership
Limited
partnership
Limited liabilitry
partnership
Articles of
partnership
Royalities
Corporation
Page 3
ROCKY FORD CURRICULUM GUIDE
SUBJECT: Economics
Standard and Grade
Level Expectation
Evidence Outcome
GRADE: 12
Student-Friendly
Learning Objectives
Level of
Thinking
TIMELINE: 3rd Quarter
Resource Correlation
Academic
Vocabulary
Stock
Closely held
corporation
Publicliy held
corporation
Bond
Dertificat of
incorporation
Dividened
Horizonatal
merger
Vertical merger
Conglomersat
Multinational
corporation
b. Analyze financial
information for accuracy,
relevance, and steps for
identity protection I
5. Analyze strategic
spending, saving,
a. Compare and contrast the
variety of investments
© Learning Keys, 800.927.0478, www.learningkeys.org
We will summarize the
costs of identity theft.
Analysis
Prentise Hall
Economics
PF 36-39
Prentise Hall chapters
10, 11
Identyity theft
Compare
Denver Post Stock
Market Game
Investment
Financail system
We will investigate a
variety of types of online
scams and other
consumer fraud.
We will describe ways
to reduce the risk of
identity theft and how to
restore personal
security.
We will describe the
characteristics of bonds
Page 4
ROCKY FORD CURRICULUM GUIDE
SUBJECT: Economics
Standard and Grade
Level Expectation
and investment
options to achieve
the objectives of
diversification,
liquidity, income,
and growth
Evidence Outcome
available for a diversified
portfolio I
GRADE: 12
Student-Friendly
Learning Objectives
Level of
Thinking
TIMELINE: 3rd Quarter
Resource Correlation
as financial assets.
Robert Kiyosaki, of Rich
Dad Poor Dad
We will identify the
different types of bonds.
NEFE High School
Financial Planning
Program
We will describe the
characteristiscs of other
types of financial
assets.
Academic
Vocabulary
Financial asset
Financila
intermediary
Mutual fund
Hedge fund
Diversification
Portfolio
Prospectus
Return
We will list four different
types of financial asset
markets.
We will compile and
research five stocks for
viability.
We will participate in a
five week on-line stock
market game.
b. Evaluate factors to consider
when managing savings and
investment accounts I, M
Evaluation
We will describe the
characteristics of bonds
as financial assets.
We will identify the
different types of bonds.
We will describe the
characteristiscs of other
types of financial
assets.
© Learning Keys, 800.927.0478, www.learningkeys.org
Prentice Hall, Economics
Chapter 10.1-3
NEFE High School
Financil Planning
Program, Unit 3
Coupon rate
Maturity
Par value
Yield
Savings Bond
Inflaction-indexed
bond
Municipal bond
Corporate bond
Junk bond
Capital market
Money market
Page 5
ROCKY FORD CURRICULUM GUIDE
SUBJECT: Economics
Standard and Grade
Level Expectation
Evidence Outcome
TIMELINE: 3rd Quarter
GRADE: 12
Student-Friendly
Learning Objectives
Level of
Thinking
Resource Correlation
Primary market
Secondary
market
We will list four different
types of financial asset
markets.
d. Describe the appropriate
types of investments to
achieve the objectives of
liquidity, income and growth I
We will compile and
research five stocks for
viability.
Prentice Hall, Economics
Chapter 11.1-3
NEFE High School
Financil Planning
Program Chapter 3
We will participate in a
five week on-line stock
market game.
We will identify the
benefits and risks of
buying stock.
We will describe how
stocks are traded.
We will explain how
stock performance is
measured.
We will describe the
Great Crash of 1929
and more recent stock
market events.
6. The components
a. Analyze various lending
© Learning Keys, 800.927.0478, www.learningkeys.org
We will examine various
Academic
Vocabulary
Analysis
Prentice Hall
-Mutual Fund
-Hedge Fund
-Diversification
-Portfolio
-Prospectus
-Return
-Coupon Rate
-Maturity
-Par Value
-Yield
-Savings Bond
-Munipal Bond
-Corporate Bond
-Junk Bond
-Capital Market
-Money Market
-Share
-Capital Gain
-Capital Loss
-Stock Split
-Stockbroker
-Brokerage Firm
-Stock Exchange
-Bull Market
-Bear Market
ATM
Page 6
ROCKY FORD CURRICULUM GUIDE
SUBJECT: Economics
Standard and Grade
Level Expectation
of personal credit to
manage credit and
debt
Evidence Outcome
sources, services, and
financial institutions I,M
GRADE: 12
Student-Friendly
Learning Objectives
Level of
Thinking
types of financial
services providers.
TIMELINE: 3rd Quarter
Resource Correlation
Personal Finance
Handbook pages PF1PF47
We will Explain how a
savings account work.
We will practice using a
checking account and
ebit card.
Academic
Vocabulary
NEFE High School
Financial Planning
Program Chapter 5
Deposit
Service Feed
Check Fees
Insuffcient Funds
Annual Fees
Stop payment
Fees
NEFE High School
Credit Card
We will explain how a
credit card is used to
make purchases.
We will explore the
features of automated
financial services.
We will respond to
situations involving
identifty theft and
deceptive practices.
b. Investigate legal and
personal responsibilities
affecting lenders and
borrowers I,M
We will investigate legal
and personal
responsibilities affecting
borrowers.
c. Make connections between
We will investigate legal
and personal
responsibilities affecting
lenders.
We will explain what
© Learning Keys, 800.927.0478, www.learningkeys.org
Application
Knowledge
Page 7
ROCKY FORD CURRICULUM GUIDE
SUBJECT: Economics
Standard and Grade
Level Expectation
Evidence Outcome
building and maintaining a
credit history and its impact on
lifestyle I
GRADE: 12
Student-Friendly
Learning Objectives
credit is.
Level of
Thinking
TIMELINE: 3rd Quarter
Resource Correlation
Fiancial Planning
Program, Chapter 4
We will compare the
advantages and
disadvantes of using
credit.
Academic
Vocabulary
Installment Loan
Student Loan
Mortgage
We will outline the
process of applying for
credit.
We will explain what a
credit history is and why
it is important.
We will explain how to
manage credit
responsibility.
We will explore the
consequences of
excessive debt and how
to correct it.
7. Identify, develop,
and evaluate riskmanagement
strategies
a. Differentiate between types
of insurance I,M
We will determine what
to do in the event of
inaccurate reporting.
We will differentiate
between types of
insurance.
Comprehension Prentice Hall
Personal Finance
Handbook pages PF1PF47
NEFE High School
© Learning Keys, 800.927.0478, www.learningkeys.org
Premium
Health Insurance
Property
Insurance
Life Insurance
Disability
Page 8
ROCKY FORD CURRICULUM GUIDE
SUBJECT: Economics
Standard and Grade
Level Expectation
Evidence Outcome
GRADE: 12
Student-Friendly
Learning Objectives
Level of
Thinking
TIMELINE: 3rd Quarter
Resource Correlation
Financil Planning
Program Chapter 6
b. Explain the function and
purpose of insurance I,M
We will explain the
function of insurance.
Knowledge
We will explain the
purpose of insurance.
Prentice Hall
Personal Finance
Handbook pages PF1PF47
NEFE High School
Financil Planning
Program Chapter 6
c. Select and evaluate
strategies to mitigate risk I,M
We will select strategies
to mitigate risk.
We will evaluate
strategies to mitigate
risk.
Knowledge,
Evaluate
NEFE High School
Financial Planning
Program Chapter 3
Financial Planning
Pyramid
REALTORS of Colorado
It’s Your Move Book and
DVD
© Learning Keys, 800.927.0478, www.learningkeys.org
Academic
Vocabulary
Insurance
Liability
Insurance
Premium
Health Insurance
Property
Insurance
Life Insurance
Disability
Insurance
Liability
Insurance
Mitigate
Checking
Account
U.S Savings
Bond
Certificates of
Depoist
Treasury Issues
Money Market
Mutal Funds
Preferred Stock
Blue Chip
Common Stock
Real Estate
Growth Mutual
Funds
Collectibles
Commodities
Penny
Stock
Page 9
ROCKY FORD CURRICULUM GUIDE
SUBJECT: Economics
Standard and Grade
Level Expectation
Evidence Outcome
© Learning Keys, 800.927.0478, www.learningkeys.org
10
GRADE: 12
Student-Friendly
Learning Objectives
Level of
Thinking
TIMELINE: 3rd Quarter
Resource Correlation
Academic
Vocabulary
Page