High School - Economics
Information relating income, work, and economic concepts to individual career choice and money management
Learner Goal 1
Develop skills to relate income and money management to lifestyle.
Indicators
- Demonstrate skills necessary to function as a consumer and manage financial resources.
- Define specific income and benefit information for personal career goals.
- Demonstrate a plan to financially prepare for the educational and training options defined in the ICP clocument.
Learner Goal 2
Understand how societal needs and functions influence the nature and structure of work.
Indicators
- Describe the effect of work on lifestyles.
- Describe how society's needs and functions affect the supply of goods and services.
- Describe how occupational and industrial trends relate to training and employment
- Demonstrate an understanding of the global economy and how it affects each individual.
- Describe the influence of change in supply and demand for workers in different occupations.
- Describe the costs and benefits of self-employment as compared to working for others.
Learner Goal 3
Understand the interrelationship of life roles.
Indicators
- Demonstrate knowledge of life stages.
- Describe factors that determine lifestyles (for example: socioeconomic status, culture, values, occupational choices, work habits).
- Describe ways in which occupational choices may affect lifestyle.
- Describe the contribution of work to a balanced and productive life.
- Describe ways in which work, family, and leisure miles are interrelated.
- Describe different career patterns and their potential effect on family patterns and lifestyle.
- Describe the importance of leisure activities.
- Demonstrate ways that occupational skills and knowledge can be acquired through leisure.
Suggested Activities
- Junior Achievement and other applied economics programs
- Units on personal finance topics, such as banking, insurance, credit cards, and taxes
- Stock market simulations
- Marriage simulations utilizing a budget
