In this introductory level course, students will be exposed to an orientation of basic business and economic principles that include banking, organizing, and using financial data and sales information, credit, and insurance. They will also explore the job market by studying career opportunities and employment information.
Students will be able to understand basic terms related to business.
Students will be able to compare and contrast types of economic systems.
Students will understand competitions role in setting prices, influencing quality and regulating our economic system.
Students will know advantages and disadvantages of different types of business ownership.
Students will know the basic concept of maintaining a checking account.
Students will have a basic understanding of different types of insurance.
Our Economic System
Explanation of the basic economic problem.
Emphasis on several features of our market economy.
Discuss the ways your three economic roles play a part in our economic system.
Discuss three ways to measure economic progress.
Business in our Economy
Discuss the four basic types of businesses and how they are related to each other.
Strong emphasis on the main features of the various forms of business ownership.
How interdependence of nations makes world trade necessary.
Careers in our Economy
Explanation of why career planning is important.
Strong emphasis on individual career choices.
Financial Institutions and Banking Services
Discuss services provided by banks.
Explanation of how to open and maintain a checking account
Strong emphasis on reconciling a checking account
Discuss options of payment other than cash or checks
This class is taught through lecture, projects, presentations, reading, and discussion. Students are allowed to work together on selected assignments. Students are given review sheets for each unit to help them prepare for tests.
Students will be assessed on lecture material through tests and quizzes.
Group activities will be evaluated based on the student’s participation and the accuracy of the material presented.
The teacher through accuracy of the information and accepted public speaking techniques will evaluate oral presentations.
Introduction to Business, South-Western Educational Publishing, 2000
Your Checking Account – Provided by First National Bank of Steeleville
Power Point Presentations