MONY A Syllabus. Exchange rates and international policy Property taxes debate and critical thinking Human capital, data analysis

Transcription

1 MONY A Syllabus Time Math Money/Economics Day 1 Function of money, oral communication (money and skills currency exchange) Day 1 Unit Conversions Day 1 ages Nature of money Day 2 (wages and taxes) Day 2 equation and Percentages Graphing Data Multi-step calculations Introductions, Honor code, computer use policy, class rules, Pre-test Money thought questions write & discuss Functions of money lecture and activity Currency exchange Conduct exchange rate simulation and discuss; Zeds and Tils problems Exchange rates and international policy Property taxes debate and critical thinking Human capital, data analysis Paycheck withholdings Income taxes Introduction to mock Introduce interview project: 2 adults good decision, bad decision, advice s 1 lecture and practice problems Class characteristics activity Complete functions of money cartoon activity and/or design your own currency introduce, set goals s 2 lecture and practice problems: Property tax problems and 52 Career Salaries graphing; Education and Earnings graphs and Hannah s Horrible Truth (skit) Pairs or groups read through income tax instructions and do problems

2 Time Math Money/Economics Day 2 Day 3 (loans and percent change) Day 3 Algebra Operations change Distributive property Income and payroll taxes Loan amortizations, spreadsheets Creditworthiness Day 3 Debate and critical thinking Day 4 (taxes of Moneyland) Day 4 Change Change Visualized Loan lecture and loan calculation problems, using monthly payment formula To lend or not to lend brainstorming and ; creditworthiness scenarios Banking Pine Gulch story part 1 and s 3 lecture and practice problems Sales tax problems Uses of tax money Tax Code Simulation FOIL -ing Tax Code continued Banking Day 4 Day 5 (supply and demand) Analyzing Graph Data (Theory) Trust in banking and currencies Tax Code Continued Investment vs. consumption Equal pay for equal work debate change thought questions consider individually then discuss Brainstorming session, compare student predictions with actual budgets Taxes of Moneyland Taxes of Moneyland continued (group presentations) Pine Gulch Story Pt. 2 and Moneyland runoff debate Politics and taxes lecture and Worksheet in pairs; with class

3 Time Math Money/Economics Analyzing Supply and demand Graph Data (Practice) Day 5 Sunday Day 6 (begin businesses, cash, accounting equation) Day 6 Drawing Graphs Analyzing Data Supply and Demand Political Economics Supply and demand curves product brainstorming and research, evaluating strengths and weakness of possible products Cash Liquidity Day 6 Accounting equation Day 7 (market research and calculating interest) Day 7 Simple vs. Compound Interest Cash market research and initial capitalization Lecture and ; problems; puzzles Finish activities Discuss why voters want politicians to tell them there is such a thing as a free lunch. Select roles (getting started worksheet), brainstorm possible products, research supplies costs (possible products list 1 and 2, possible product research forms) Cash simulation, simulating choosing a checking account and an emergency fund Lecture and examples, especially as pertaining to the financial crisis Daily letters Plan and conduct market research (market research plan, create and implement market research surveys), sell stock, deposit money Introduce simple vs. compound interest using food, then students practice both spreadsheet and formula calculations (Interest Formulas) in small groups

4 Time Math Money/Economics Day 7 Currencies and foreign relations Day 8 (product selection and credit cards) Day 8 Simple and compound interest Interest rates Yield curves product selection and supply ordering Day 8 Personal Financial Management Moral issues, skills Day 9 (financial projections and inflation) Day 9 Growth Interest Rule of 72 Day 9 Personal financial Lecture and Socratic questioning mid-course check-in: students comment on progress on goals Analyze market survey results (market research summary), select final product (final product selection), order supplies (production plan, CTY supply order form) Credit cards Interest rates lecture Graphing yield curves Credit card repayment, laptop purchase worksheets Factors that affect interest rates Business Project financial projections Consumer Price Index Central banking and money supply Usury debate Finish market research analysis (market research summary), set final price(s) (price selection), estimate human resources costs (human resources plan), financial projections (financial planning, financial projections) Inflation and CPI lecture and problems Lecture and finalize budgets, prepare presentations, make visual aids

5 Time Math Money/Economics Inflation and employment Day 10 (budget presentations) Day 10 Sunday Day 11 (completion of sales and retirement ) Day 11 Day 11 Day 12 (payroll and financial crisis) The Accounting Equation Reading Graphs Compound Interest Review Mock budget final presentations Mock budget final presentations Analysis of complex issues product sales Home equity product sales Bonds Risk and return Stocks, mutual funds Wealth distribution in the US Unions and negotiation Economic indicators and political economics Risk and return in investments; Bond prices and interest rates completion of sales, payroll Make and sell product, track inventory, deposit cash Minimum wage Make and sell product, track inventory, deposit cash Bond lecture and problems Investments lecture Risk and return dice game simulation and graphing Start mutual fund simulation, year 1, reading, Union negotiation game and Economic conditions and elections activities, of unemployment and inflation Conclusion of sales, complete inventory and sales records, calculate total revenue, calculate and pay payroll and payroll taxes Investing young lecture Continue mutual fund simulation, year 2

6 Time Math Money/Economics Day 12 Financial crisis overview Leverage Day 12 Day 13 (financial statements and free trade) Day 13 Day 13 Day 14 (presentations and wrap-up) Financial Crisis Business finance review income statement and shareholder s equity statement Free trade scenario debate Tragedy of the commons Review preparation for final presentation Crisis of Credit video - watch, discuss Leverage examples Bad bank and/or credit default swap readings Read and discuss financial crisis play Crisis of Credit video watch 2 nd time Car part manufacturer questions and Calculate and pay sales tax, business tax, overhead, complete final financial statements, write CEO letter to shareholders, create posters Continue mutual fund simulation, year 3 Grant decision, analogy to free trade vs. trade barriers and tariffs Fishing simulation and final checkin: students comment on progress made on goals Post Test, SPEs Continue mutual fund simulation, year 4 Finish shareholder packets and preparation for presentations

7 Time Math Money/Economics Day 14 final presentations Financial Ethics Day 15 Review, as desired Other activities as desired Combined MONY final presentations, distribution of dividends, cash-candy conversion Students write and discuss their own Ten Commandments of Money Final letters: What have you learned at CTY that will be valuable for the rest of your life? Finish mutual fund simulation, year 5