Month: September Essential Question: How is basic math utilized in a person s everyday life? How does the place of a digit in relationship to a decimal point determine its value? Enduring Understanding: There are many ways to represent a number. Digits have value depending upon where they are in relationship to a decimal point. Introduction to course and rules Identify several ways of writing Problem Sets from textbook Numbers: Place Value, Numbers as numbers: Standard form, Word form, Vocabulary Quizzes/Assessment Words, Numbers as Decimals, Comparing Decimals Short word form, Expanded form, and Point form Real world scenarios to consider the reality of basic math skills Rounding Numbers: Whole Numbers, Identify & define place value Ticket Outs (at least 2 a week) to and Decimals Discuss reasoning on how to round Changing Fractions to Decimals numbers; will be able to round to each content Decimal to Fractions place value Activity Worksheets & Workbook Computing Averages Identify the greater number using Mid-Term Literacy Pre-Test in Writing Decimals as Percent s whole numbers, decimals, and computer lab; sign up for Google Finding the Percentage percentages Classroom; show students teacher Reading Tables & Charts Compute fractions to decimals and website and textbook website decimals to fractions; compute decimals as percentages and percentages as decimals Identify the mean of a group of numbers Solve problems using tables & charts Standards: CC 3.5 9-10 G, CC 3.5 11-12 G
Month: October Beginning of November Essential Questions: How do employers compensate employees for their work? How do you decide what to do with the money you have earned? Enduring Understanding: Informed decision-making is dependent upon the ability for understanding data. Chapter 1 Gross Income Calculate straight-time pay Problem Sets from textbook Discuss hourly rate and current Figure out straight-time, overtime, and Vocabulary Quizzes/Assessment minimum wage and increases total pay Ticket Outs (at least 2 a week) to Explain difference between time and a Compute the total pay on a piecework half and double time basis content Discuss advantages & disadvantages Determine the salary per pay period Activity Worksheets & Workbook of piecework Calculate the straight commission and What Does Gross Pay Mean to You? Explain pay periods: weekly, determine gross pay Occupational Outlook Handbook biweekly, semimonthly, and monthly Compute the total graduated Activity *Computer Use* Discuss history and facts on commission Classified Ads Real World Activity commission Inflation and Income Writing Discuss options for commission: Assignment specified amount of money for each sale, percentage of total value of sales, and rate increases with sales Standards: CC 3.5 9-10 D, CC 3.5 11-12 D, CC 3.6 11-12 H, BCIT 15.1.12.M, BCIT 15.2.12.A, BCIT 15.2.12.B
Month: 2 nd Week of November Mid December Essential Questions: What kind of taxes am I responsible for when I get older? Why is it important to be able to examine all the deductions between the gross pay and the net pay you are receiving? Enduring Understanding: Business mathematics is a useful tool for communication. It is important to examine your pay to identify and calculate deductions. If you earn money, you pay taxes. Chapter 2 Net Income Demonstrate how to read tables that IRS Read tables to find the amount Problem Sets from textbook provide for employers; examine personal withheld for federal income tax Vocabulary Quizzes/Assessment exemptions Compute the state taxes on a straight Ticket Outs (at least 2 a week) to Identify how to calculate taxable wages percent basis and annual tax withheld Determine the state taxes on a content Determine several levels of income and graduated income basis Activity Worksheets & Workbook how graduated income tax will apply Work out the amount of income Reading a Pay Stub Examine the history and importance of withheld for Social Security and It is 1937 Social Security Assignment Social Security and Medicare Medicare taxes Getting Ready for Tax Day Project Examine businesses that utilize group Calculate the deduction for group insurance; determine deduction per pay insurance period for different types of occupations Figure out net pay per pay period Examine additional deductions that may be on paystub Examine real earning statements Identify net pay vs. gross pay Standards: CC 3.5 9-10 D, CC 3.5 11-12 D, CC 3.6 11-12 H, BCIT 15.1.12.Y, BCIT 15.1.12.M, BCIT 15.6.12.A, BCIT 15.6.12.E
Month: January Essential Questions: How can I utilize a budget and put it to good use? How can budgeting influence my financial future? Enduring Understanding: People/businesses use a budget to make decisions about what to buy and how much to spend or save. Chapter 3 Goal Setting for Budget Uses & Recordkeeping Identify short, intermediate, and long Problem Sets from textbook term personal goals Vocabulary Quizzes/Assessment Time frame of goal setting & five Identity Guidelines: Realistic, Ticket Outs (at least 2 a week) to phases of goal setting Specific, Time Frame, State the Guidelines to setting successful goals Action content Financially independent vs. Students will track own expenses for Activity Worksheets & Workbook financially dependent two weeks and create own categories What are Your Goals? Assignment Categorize expenses based on current for personal expenses Tracking Expenses Assignment goals & budget Identify differences between assets, Group Budget Project *Computer Assets, Liabilities, & Net Worth liabilities, and net worth Use* Average Monthly Expenditure Compute the average monthly o Mini Web quest Preparing monthly budget sheet & expenditure o Situation allows students to work tracking expenses Use records of past expenditures to either individually or with a group of Amount budgeted vs. Amount spent prepare a monthly budget sheet 2-3 students Re-work an existing budget Compare amount budgeted to actual o Groups will need to furnish new Budgeting Current Events expenditures apartment with necessary items How to use a budget and learn o Project includes prices, picture of necessary skills to re-work a budget item, explanation, and presentation Literacy & Content Mid-Term Standards: CC 3.5 9-10 D, CC 3.5 11-12 D, CC 3.6 11-12 E, BCIT 15.3.12 C, BCIT 15.6.12.B, BCIT 15.2.12.J, BCIT 15.3.12 I, CEW 13.3.11.D, FCS 11.1.9.B
Month: February Essential Question: How can keeping a checking account simplify my life? Enduring Understanding: People use checking accounts to hold and track their money. Chapter 4 Checking Accounts Examine deposit slips, ATM Compute the total checking account Problem Sets from textbook machines, and PIN numbers deposit Vocabulary Quizzes/Assessment Discuss significance of signature card Write a check Ticket Outs (at least 2 a week) to Demonstrate correct way to write a Figure out the balance in a check check and incorrect ways to write register content checks; explain all parts of a check Calculate the present balance on a Activity Worksheets & Workbook Basic skill review: writing of checking account bank statement Kahoot Review Game for Checking numbers in words with a decimal Reconcile a check register with a bank Simulation Examine different styles of check account statement registers Compute online banking charges and Examine different styles of bank update the check register statements, service charges, interest, Pros & Cons of Mobile Banking and fees discuss different apps available Discuss outstanding deposits & outstanding checks and how to identify Checking Account Simulation How to Do Your Banking from First National Bank of Newtown Complete mini simulation that includes directions, check register, checks, debit card purchases, online transactions, deposit slips, bank statements, and bank reconciliations Examine online and mobile banking Examine current mobile apps Standards: CC 3.5 9-10 D, CC 3.5 11-12 D, CC 3.6 11-12 C, CC 3.6 11-12 H, FCS 11.1.9.B, BCIT 15.1.12.P, BCIT 15.6.12.G, BCIT 15.3.12.B, BCIT 15.3.12.V
Month: March Mid April Essential Question: When making a purchase, should I use cash or credit? What should I look for when shopping around for a credit card? Enduring Understanding: Making informed and responsible choices around using a credit card and other credit products to purchase goods and services. Business mathematics is vital in fulfilling an individual s role as a productive citizen, consumer, employee, employer, and investor. Chapter 6 & 7 Cash Purchases, Charge Accounts, & Credit Cards Compute sales tax for credit card and Problem Sets from textbook total purchase price Vocabulary Quizzes/Assessment Demonstrate how to compute sales tax Calculate the new balance on a charge Ticket Outs (at least 2 a week) to & total purchase price; examine sales account tax of 50 states Find the finance charge by using the content Annual Percentage Rates: The good, previous-balance method Activity Worksheets & Workbook bad and ugly Find the finance charge by using the Credit Card Research Assignment Identify previous balance, finance unpaid-balance method *Computer Use* charge, new purchases, and payments Compare & contrast different types of How much will it cost me? Assignment to computer new balance credit cards *Computer Use* Examine two different ways to Calculate the best price using different Analyzing Pre-Approved Credit Card compute finance charge; examine techniques and/or combination: unit offers in the mail Partner Activity credit cards that use each type price, comparison shopping, sale Smart Shopping: What is the best deal? Unit Price & Comparison Shopping discounts, markdowns, and coupons Sites: practicalmoneyskills.com; Discounts & Markdown Sales themint.org; creditkarma.com; Coupon Terminology & Applications creditcards.com Standards: CC 3.5 9-10 D, CC 3.5 11-12 D, CC 3.5 11-12 B, CC 3.6 11-12 C, BCIT 15.6.12.G, BCIT 15.6.12.H, BCIT 15.6.12.J, BCIT 15.6.12.K, BCIT 15.6.12.L, BCIT 15.6.12.M, FCS 11.1.9.B, BCIT 15.3.I
Month: May Beginning of June Essential Question: What does it mean to be credit worthy and how can that affect me? Enduring Understanding: Financial decisions made as a young adult can affect your financial opportunity in the future. Consumer credit is an essential part of the American economy. Chapter 7 Credit Scores Identify and examine different types of Vocabulary Quiz/Assessment Discuss different types of credit credit payments: single-payment, Ticket Outs (at least 2 a week) to payments with examples (Service, installment, and revolving Installment, Revolving) Identify ways to build a credit history content Discuss importance of building a credit Examine credit scores How to read a credit report *Article* history Compare good credit vs. bad credit How to read a credit report Assignment The 3 C s of Credit Steps to build good credit & steps for get Credit Profiles: Why or why not Why be Denied Credit out of debt/avoid bad credit receive the loan Analyze credit reports & coding Reading and understanding a credit report Credit Report Card Examine case studies on whether the 20-10 Rule debt situations: are they in a Are they in a safe-debt load? Activity character will receive a loan based on safe-debt load case studies How to increase your credit score their credit; Acting as Loan Officer *Article* 20-10 Rule Video: Building Credit for Life Game: Celebrity Calamity Final Exam Prep (3 days in class) Final Exam (2 days in class) Standards: CC 3.5 9-10 D, CC 3.5 11-12 D, FCS 11.1.9.B, BCIT 15.3.12.B, BCIT 15.3.12.C, BCIT 15.3.12 V
STRAND STANDARD NO. STANDARD CC Writing in CC Writing in CC Writing in CEW Career Retention and Advancement FCS Financial and Resource Management BCIT Career Management BCIT Career Management CC 3.5 9-10 D CC 3.5 11-12 D CC 3.5 9-10 G CC 3.5 11-12 B CC 3.5 11-12 G CC 3.6 11-12 C CC 3.6 11-12 E CC 3.6 11-12 H 13.3.11.D 11.1.9.B 15.2.12.A 15.2.12.B Determine the meaning of symbols, key terms, and other domain-specific words and phrases as they are used in a specific scientific or technical context relevant to grades 9-10 texts and topics. Determine the meaning of symbols, key terms, and other domain-specific words and phrases as they are used in a specific scientific or technical context relevant to grades 11-12 texts and topics. Translate quantitative or technical information expressed in words in a text into visual form and translate information expressed visually or mathematically into words. Determine the central ideas or conclusions of a text; summarize complex concepts, processes, or information presented in a text by paraphrasing them in simpler but still accurate terms. Integrate and evaluate multiple sources of information presented in diverse formats and media in order to address a question or solve a problem. Produce clear and coherent writing in which the development, organization, and style are appropriate to task, purpose, and audience. Use technology, including the Internet, to produce, publish, and update individual or shared writing products in response to ongoing feedback, including new arguments or information. Draw evidence from informational texts to support analysis, reflection, and research. Develop a personal budget based on career choice, such as, but not limited to: charitable contributions, fixed/variable expenses, gross pay, net pay, other income, savings, and taxes. Explain the responsibilities associated with managing personal finances such as savings, checking, credit, non-cash systems, incensements, and insurance. Analyze personal characteristics, talents, skills, abilities and career assessment results as related to career pathways, clusters, or occupations. Analyze a specific occupation within a career cluster.
BCIT Career Management BCIT Accounting 15.2.12.J 15.1.12.M Analyze career goals based on, but not limited to, interest, lifestyle, skills, and values in order to transition from high school. Analyze and calculate gross pay and net pay, including regular and overtime wages, commission, and piece rate. BCIT Accounting 15.1.12.P Analyze and perform the reconciliation of accounts. BCIT Accounting 15.1.12.Y Determine and calculate taxable income and tax liability for both personal and business taxes. BCIT Communication BCIT Communication BCIT Communication BCIT Communication 15.3.12.B Analyze business documents for content and effectiveness. 15.3.12 C Create a research project based upon defined parameters. 15.3.12.I 15.3.12.V 15.6.12.A 15.6.12.B 15.6.12.E 15.6.12.G 15.6.12.H 15.6.12.J Synthesize information gathered from multiple sources. Evaluate how mobile communication impacts businesses or organizations. Evaluate the impact of internal and external influences on financial decisions. Analyze financial decisions for major purchasing events occurring at different stages in life, systematically considering alternatives and consequences. Assess the purpose, source, and impact of various taxes. Identify strategies for personal financial management. Evaluate payment methods for major purchases. Analyze the total cost of a major purchase loan agreement using fixed and variable interest rates, calculated over time. 15.6.12.K Analyze the impact of a positive or negative credit history. 15.6.12.L Research major consumer credit laws and their impact on individuals in debt. 15.6.12.M Assess the impact of identity theft; develop a plan for correcting a negative credit report. Transfer Tasks: Google Classroom utilization, How to Do Your Banking Checking Simulation, Budget Group Project, OOH Occupational Outlook Handbook Internet Activity, How Much Will It Cost Me? Credit Card Activity, Credit Profiles: Should they receive credit?, Mid- Term & Final Exam