There is lots of flexibility with this unit. Although it may seem small, this unit allows teachers and students explore topics in greater depth in a lecture/small group discussion format, online discussions, or student led lessons. This resource covers sources of credit; advantages/disadvantages of credit; credit records,reports, & management; consequences of poor credit; and bankruptcy.

The strength of this unit is the flexibility it provides for teachers and students. The structure of this unit allows for a variety of instructional stategies to be utilized.

In this video from Wide Angle, learn about the farmers of Vidarbha in central India who have seen a loss in profits due to the high cost of borrowing money and the low prices for their crops in a globalized market.

This 3-minute video lesson compares put vs. short and leverage. [Core Finance playlist: Lesson 74 of 184]

Continuation of Finance Theory I, concentrating on corporate financial management. Topics: Capital investment decisions, security issues, dividend policy, optimal capital structure, hedging and risk management, futures markets and real options analysis. The objective of this course is to learn the financial tools needed to make good business decisions. The course presents the basic insights of corporate finance theory, but emphasizes the application of theory to real business decisions. Each session involves class discussion, some centered on lectures and others around business cases.

Studies basic concepts of financial and managerial accounting. Viewpoint is that of the users of accounting information (especially managers) rather than the preparer (the accountant).

The practices of illegal private money lenders in the rural region of Vidarbha, India are highlighted in this video from Wide Angle.

This course covers theory and evidence on government taxation policy. Topics include tax incidence, optimal tax theory, the effect of taxation on labor supply and savings, taxation and corporate behavior, and tax expenditure policy.

Lesson time: 140 Minutes

Students will be able to:
-Establish criteria for choosing a credit card, based on the factors important to their needs
-Recognize and avoid marketing schemes that might lead to bad decisions
-Identify alternative routes to establishing credit, aside from opening their own credit card account

NOTE: Document is titled 9.4 Select a Credit Card

ANSWER KEY LINKS: Create a Next Gen Personal Finance (NGPF) account to access answer keys. They will be listed under the Full Year Curriculum tab.

The "Student loan debt calculator" applies two simple principles to paying off high-interest debt. 1. Consolidate the existing student loans 2. Use the extra cash every month to pay off other higher interest debt sooner. We apply the amount of payment savings you choose to the nonstudent loan debt with the highest rate. When that balance is paid in full, the balance with the next highest rate will be paid down. This continues until you have rolled through all of the balances and the non-student loan debt is paid in full. Click the "View Report" button for a detailed look at the results.

Estimated Lesson Time: 140 Minutes

Students will be able to:
-Make informed decisions about how much student loan debt to take on, based on college costs and projected salary upon graduation
-Explain the difference between private and Federal loans, and the various types of Federal loans, and when to use each
-Select the best repayment option to minimize total amount paid while also keeping monthly payments reasonable within a budget
-Learn strategies for avoiding default, including whether consolidation is an appropriate option

Estimated Lesson Time: 120 Minutes

Students will be able to:
-Explain the fundamental features of a personal loan, including where to find one and how to apply
-Explore the peer-to-peer lending market as an alternative to traditional banks
-Understand the potential pitfalls of borrowing from family and friends, a personal 401(k), or a payday lender

ANSWER KEY LINKS: Create a Next Gen Personal Finance (NGPF) account to access answer keys. They will be listed under the Full Year Curriculum tab.

Site provides lessons, tutorials, interactive games, and resources to teach and learn personal financial concepts such as credit, budgeting, purchasing, and personal goal setting