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

• 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

• 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

• Standard #17: Government Failure