Prerequisites: 12th grade enrollment
Level: 12th grade
Consumer Education is a required senior economics class that emphasizes information on the economy, financial planning, banking, credit, insurance, housing, business law, investments and taxes.
Students will know and apply knowledge about the U.S. Economy
Students will be able to apply concepts about technology as a consumer
Students will be able to understand their rights and responsibilities as consumers
Students will gain information that will help them choose a career
Students will know basics about taxes, investing, saving, credit and general banking
Students will gain information on some other topics such as insurance, housing, automobiles and the global economy
Consumer’s Role in the Economy
Being a Responsible Consumer
Consumer Rights and Responsibilities
Government and Consumer Protection
Deception and Fraud
Resolving Consumer Problems
Choosing a Career
Getting to Know Yourself / Exploring Careers
Applying for a Job
Preparing for the Future
Taxes and Your Paycheck
Taxes and Government
Income and Expenses
How Banks Work
Checking / Savings Accounts
Other Banking Services
Simple and Compound Interest
Retirement and Other Investments
How to Qualify
Sources of Consumer Credit
Credit Rights and Responsibilities
Maintaining a Good Credit Rating
This Class is taught through lecture, chapter reviews, independent study readings, group study and guest speakers. Students are given worksheets to supplement the chapter reviews.
Tests and quizzes that include true / false, multiple choice, matching, short answer and essay questions.
The teacher will evaluate group discussions.
Completion of homework and daily discussions
Miller, Roger Leroy, Stafford, Alan D. Economic Education for Consumers. Cincinnati, Ohio: Southwestern Educational Publishing, 2000.