1. Financial, Economic, Business, and Entrepreneurial Literacy

2. Contact Mr. Pearson steven.pearson@woodbridge.k12.nj.us Mr. Pearson's Schedule: Fall 2015 Block 1: Financial Literacy (Room 231) Block 2: Professional Block 3: Financial Literacy (Room 231) Block 4: BR duty (new wing)

3. Proficiencies Apply reliable information and systematic decision making to personal financial decisions Evaluate financial information from a variety of sources and make financial decisions by systematically considering alternatives and consequences Understand taxes and citizen financial responsibilities Evaluate investment alternatives and identify diversified investment strategies compatible with personal goals

4. Use a career plan to develop personal income potential Create a financial plan Organize personal finances and use a budget to manage cash flow Identify the costs and benefits of various types of credit Explain the purpose and importance of health, disability, property, liability, and life insurance protection and create a personal insurance plan Complete an inquiry based project as it relates to a current global financial situation

5. Discuss ethical dilemmas as they apply to different financial situations Investigate how agencies that regulate financial markets protect investors

6. 45 day course 6 major / 20 minor assessments (50%/50%) Quizzes, Tests, Papers, and Projects

7. Fire drill School Emergency Plan School wires Grading Policy Attendance Lates Bathroom Lunch

8. No Food and/or Drinks allowed Electronics policy Be in class before the bell rings Remain seated until the bell rings

9. Arrive to class on time or present a late pass if tardy. Two lates will result in a written referral to the office. Six lates will result in a loss of credit for the class. Be organized and prepared for class. You must bring your notebook, homework, folder and a pen or pencil to every class. Please raise your hand before speaking out loud in class. Do not speak while the teacher or other students are speaking.

10. Ask questions and participate as much as possible. Treat others (and their property) the way you want to be treated. Always respect yourself, others and the school. Cell phones, ipods, or any other electronic devices are not allowed in class. Keep bathroom use to a minimum. When you must use the bathroom please return as quickly as possible.

11. Unit on Income and Careers (5 days) Careers Exemptions and deductions Government Programs Collective bargaining Resume Interview Questioning

12. Evaluation/Assessments Career Project Chapter test Quizzes

13. Unit on Money Management (8 days) Checking Account Budget Emergency Fund Strategies for sharing, saving and spending Analyze how changes in taxes, inflation, and personal circumstances can affect a personal budget Analyze how income and spending plans are affected by age, needs, and resources

14. Evaluations/Assessments Chapter Test Quizzes Cost of college Personal Living Budget

15. Unit on Credit and Debt Management (6 days) Mortgages Credit Cards Bankruptcy Credit Report and Credit Scores Interest Financial benefits of different products and services offered by financial institutions

16. Evaluations/Assessments Credit Standing Project Comparing Credit Cards Project Celebrity Bankruptcy Project Test Quizzes Classwork/Homework

17. Unit on Planning, Saving and Investing (8 days) Investing for short term, medium term, and long term goals Stockbrokers, Advisors, and Financial Planners Company sponsored retirement plans (401 K) Stocks, Bonds, and Mutual Funds Risks Returns Impact of current market events on stock prices

18. Evaluations/Assessments Chapter Test Quizzes Homework assignments Mutual Fund Project

19. Unit on Becoming a Critical Consumer (5 days) Evaluate business practices Evaluate contracts Evaluate how the media affect the prioritization of consumer decisions Analyze and apply multiple sources of financial information when prioritizing financial decisions Determine how objective, accurate, and current financial information affects the prioritization of financial decisions

20. Evaluations/Assessments Comparison Shopping Project Homework assignments Test Quizzes

21. Unit on Civic Financial Responsibility (3 days) Discuss consumer’s basic rights Analyze how citizen decisions and actions can influence the use of economic resources to achieve societal goals and provide individual services Compare and contrast the role of philanthropy, volunteer service, and charities in community development and quality of life

22. Evaluations/Assessments Charity Project Test Quizzes Homework assignments

23. Unit on Risk Management and Insurance (7 days) Differentiate between property and liability insurance protection Compare the cost of various types of insurance (life, homeowners, auto) for the same product or service, given different liability limits and risk factors Evaluate individual and family needs for insurance protection Differentiate the costs and benefits of renters and homeowner’s insurance Explain how to self insure and how to determine when self insurance is appropriate

24. Understand how to insure your automobile, home, and property sufficiently Choosing health insurance and buying life insurance

25. Evaluations/Assessments Test Quizzes Auto insurance Project Homework assignments

26. Review and Final Exam (3 days)