ERIC Number: ED237443
Record Type: Non-Journal
Publication Date: 1982
Reference Count: N/A
Basic Economics for Consumers: Living Tomorrow Today. BANK-ED III: Personal Money Management Series.
Foster, Francine; And Others
This course in consumer economics for high school students is organized around a semester-long simulation in which students assume the responsibilities of young adults in making decisions related to the economics of work and domestic life. During the simulation, the students: (1) set individual goals; (2) choose occupations based on their goals and talents; (3) pair up with a simulated spouse or roommate; (4) begin the process of jointly negotiating how household income will be allocated taking into account their partner's needs and desires; (5) use credit and cash to make purchases for one year related to housing, utilities, furnishings, transportation, insurance, savings, charity, food, clothing, and miscellaneous expenses; and (6) plan a second year's budget taking into account a dependent who has come to stay. Following the simulation, students prepare time capsules with letters to themselves containing advice for the future. The course guide is organized into sequential units of study which include student objectives, teacher preparation materials, time frames, and step-by-step instructions for teaching the unit. Suggestions are also provided for lectures and discussions on larger economic issues in relation to each stage of the simulation. Reproducible student handouts which are used in the course are appended. (DC)
Descriptors: Budgeting, Consumer Economics, Consumer Education, Cooperative Planning, Curriculum Guides, Decision Making, Economics Education, High Schools, Individual Needs, Learning Activities, Money Management, Role Playing, Simulation, Units of Study
BANK-ED, Inc., 1133 G Street, San Diego, CA 92101 (write for price).
Publication Type: Guides - Classroom - Teacher
Education Level: N/A
Audience: Teachers; Practitioners
Authoring Institution: E.T.S. & Associates, San Diego, CA.; BANK-ED, Inc., San Diego, CA.