7. Econ Unit 4 (Int'l Economics, Personal Finance)

This unit is divided into two major themes:  International economics and personal finance.  International economics focuses on trade among individuals, businesses, and governments as well as the changing international relationships in an interdependent global economy. International trade allows for increased production and consumption because it allows individuals, businesses and governments to specialize in what they can produce at the lowest opportunity cost and then trade. Student understanding of international trade will focus on free trade agreements, trade barriers, and exchange rates. The personal finance aspects of this unit will address personal financial decision-making. As consumers, individuals are faced with a vast array of personal economic decisions including how to select financial institutions, how to manage money, credit, choosing a career, and risk-management awareness.  Financially literate citizens make wise economic choices.  Personal finance lessons will help students understand how banks and financial institutions serve as links between savers and investors, the impact of credit, how insurance and risk management can help protect one against financial loss.  By the end of this unit, students will be able to understand the impact of the global market place as well as ways to grow and protect their wealth.
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Brooks Baggett,
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Brooks Baggett,
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Brooks Baggett,
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Brooks Baggett,
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Brooks Baggett,
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Brooks Baggett,
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Brooks Baggett,
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Brooks Baggett,
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Brooks Baggett,
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Brooks Baggett,
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Brooks Baggett,
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Brooks Baggett,
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