Related Capstone Lessons

Unit 3: Lesson 16 - Making Choices About Saving and Investing

This lesson introduces the distinction between savings and the investment. It demonstrates how the price of money --the interest rate--is critical to making the right savings and investment choices. It explains when, under various conditions, it is or is not in people's best interest to save.

Concepts:

  • Choice
  • Inflation
  • Saving
  • Interest
  • Investment
  • Loanable Funds Market
  • Purchasing Power
  • Savings
Standards:
  • Standard #2: Decision Making
  • Standard #12: Interest Rates

Unit 3: Lesson 18 - Credit Management

This lesson is designed to help students make good consumer-credit decisions. Although using credit is beneficial at times, it often carries higher costs than many people realize. This lesson discusses the costs of credit in a manner that helps students calculate those costs and integrate them in short- and long-term decisions.

Concepts:

  • Choice
  • Economic Wants
  • Income
  • Interest
  • Debt
  • Secured Debt
  • Unsecured Debt
Standards:
  • Standard #2: Decision Making
  • Standard #4: Incentives
  • Standard #8: Role of Prices
  • Standard #11: Money and Inflation

Unit 5: Lesson 27 - The Economics of Special Interest Groups

Students learn about the diverse nature of special interest groups and read examples that show how incentives influence the actions of elected officials.

Concepts:

  • Competition
  • Incentive
  • Interest
Standards:
  • Standard #17: Government Failure

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