Course Syllabus

Welcome to Financial Literacy! 

Mission Statement:  “Preparing tomorrow’s leaders today”

Teacher:                  Melanie Boatner

Phone:                     (706) 569-3638 Ext 138

E-mail:                     Boatner.Melanie.R@muscogee.k12.ga.us

Financial Literacy is the second course in the Business Accounting pathway. The end of pathway assessment used for this pathway is NOCTI Business Financial Management.

Course Overview: How money smart are you? Step into this course specifically designed for high schools students to understand the importance of the financial world, including planning and managing money wisely. Areas of study taught through application in personal finance include sources of income, budgeting, banking, consumer credit, credit laws and rights, personal bankruptcy, insurance, spending, taxes, investment strategies, savings accounts, mutual funds and the stock market, buying a vehicle, and living independently. Based on hands-on skills and knowledge applied in this course, students will develop financial goals, and create realistic and measurable objectives to be MONEY SMART! Through project-based learning activities and tasks, students will apply mathematical concepts in realistic scenarios and will actively engage by applying the mathematics necessary to make informed decisions related to personal finance. Financial Literacy places great emphasis on problem solving, reasoning, representing, connecting and communicating financial data.

Instructional Methods: Students will be expected to meet all the course goals and demonstrate the understanding of the course concepts through project-based activities. The teacher will perform lecture demonstrations along with group discussions and projects. Some assignments will require student research through the Internet. Students will work both independently and in teams to complete various assignments. Students will be required to draw upon academic skills in math, science, social studies, and language arts. Students will be given the opportunity to confer with business professionals from the community to gain information for some course content.

NOTE: Policies and procedures are subject to change. Students will be informed of any modifications.

POLICIES AND PROCEDURES

Sequence of courses for Business Accounting Pathway

1. Introduction to Business and Technology     2. Financial Literacy      3. Accounting 1

Topics Covered in Class: Having knowledge of how money works at a young age will help you make better decisions when the time comes in the future. The more you know of money now, the less risk there is of experiencing financial disaster or bankruptcy in the future. In this course we will cover the following topics:

FIN-FL-1 Demonstrate employability skills required by business and industry.

FIN-FL-2 Identify various forms of income, and analyze and evaluate factors that affect income as part of the career decision-making process.

FIN-FL-3 Analyze taxes in the United States and evaluate the effect on personal income.

FIN-FL-4 Develop and evaluate a spending and savings plan while applying rational decision making to personal spending and saving choices. 

FIN-FL-5 Analyze checking accounts and other banking services and explain how financial institutions channel funds from savers to investors. 

FIN-FL-6 Analyze factors that affect the choice of credit, the cost of credit and the legal aspects of using credit. 

FIN-FL-7 Evaluate savings and investment options to meet short- and long-term goals. 

FIN-FL-8 Analyze laws and options available to consumers for protection from deceptive or unfair business practice. 

FIN-FL-9 Evaluate how to help deter, detect, and defend against identity theft. 

FIN-FL-10 Evaluate various consumer loan options and analyze factors that affect lending decisions. 

FIN-FL-11 Explain the principles of risk management and insurance as a strategy to protect against financial loss.