What economic factors can influence personal and financial decisions? In an effort to understand opportunity costs and the time value of money, pupils engage in role-playing activities and discussion, as well as view a PowerPoint presentation on the decision-making process. 

Concepts

consumer finance, consumer skills, financial literacy, personal finance, opportunity cost, economic data, making decisions

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Additional Tags

math

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Classroom Considerations

• You will need to complete a free registration with the publisher in order to access the lesson's materials
• The resource broadly outlines activities
• Instructor should have substantial background knowledge to explain key terms in the presentation

Pros

• Includes guided notes graphic organizer to accompany presentation
• Notes for presentation slides include a wide range of content-specific vocabulary

Cons

• Resource and presentation are heavily based on direct instruction and text

Common Core

RH.6-8.4 RH.9-10.4 WHST.6-8.7 WHST.9-10.7