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Activity: Factors of Production and Why Disney is So Expensive!
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This activity includes a video explaining what "factors of production" are and how they contribute to costs of everything. In this example, Disney is described in terms of the items needed to operate the theme parks and business... and how these "factors" contribue to why Disney is SO EXPENSIVE!Activity includes watching a video and 3 discussions questions at the end. Lesson should take 1 hour to review with students. 

Subject:
Financial Literacy
Material Type:
Activity/Lab
Homework/Assignment
Lesson
Author:
Cindy Lowe
Date Added:
03/05/2024
Activity: International Trade and You!
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From the computer chips in our smart phones to the clothes we wear, many things we use everyday are the result of international trade. You may be surprised to discover you are dependent on many countries for your  favourite items.Students will learn about international trade and how closely it impacts every Canadian. Activities include basic language and concepts of trade including terms such as "import" and "export", the purpose and function of international trade, Canada's major imports and exports, thinking about trade benefits and potential ethical concerns regarding international trade. 

Subject:
Financial Literacy
Material Type:
Activity/Lab
Assessment
Homework/Assignment
Lesson
Author:
Cindy Lowe
Date Added:
03/05/2024
Activity: Shrinkflation
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A product’s unit price can be helpful in comparison shopping, making sure you’re not paying more money for less of a product. But did you know that you should also be comparing the products you buy to...themselves?! Making products smaller while keeping the price the same is a sneaky way of raising prices. In this activity you’ll discuss how shrinkflation affects consumers and create your own plan to downsize a product in hopes that consumers won’t notice the difference.

Subject:
Financial Literacy
Material Type:
Activity/Lab
Assessment
Homework/Assignment
Lesson
Author:
Cindy Lowe
Date Added:
03/05/2024
Activity: The Economic Cycles and Impact on Financial Decisions
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Economic cycles have risen and fallen over the past 100 years, in a somewhat predictable fashion behaving like a wave with periods of: peak, trough, recession, recovery. An economic expansion is a term sometimes used for the increasing growth period of the business cycle. The peak is when it is at its highest point. An economic contraction is a term sometimes used for the downturn (negative growth) of the business cycle. The trough is when it is at its lowest point. All of these points in an economic cycle have important impacts on financial decision making.Many individuals make emotional decisions based on where an economic cycle may be, instead of looking a rational evidence of where the economic cycle might be going. Attached with these handouts is a document titled "Reasons Why Investors Avoided The Stock Market" which shows many major negative events, followed by tremendous growth in the economy. If individuals understand these normal economic cycles, they can really benefit financially through investments and sound financial decision making. 

Subject:
Financial Literacy
Material Type:
Activity/Lab
Assessment
Homework/Assignment
Lesson
Author:
Cindy Lowe
Date Added:
03/05/2024
Assignment: Macroeconomics Principles and the Impact on Financial Decisions
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Module 33 MacroeconomicsAssignment Instructions: Answer the following questions regarding how macroeconomic principles can really impact how individuals make financial decisions.

Subject:
Financial Literacy
Material Type:
Activity/Lab
Assessment
Homework/Assignment
Author:
Cindy Lowe
Date Added:
03/05/2024
Common Sense Economics Part 1: Twelve Key Elements of Economics- Study Guide
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The Institute for Humane Studies has partnered with the authors of the textbook Common Sense Economics: What Everyone Should Know about Wealth Creation and Prosperity to help teach students why economic understanding is essential for life in today's society. With videos and quiz question corresponding to each element, this collection can be used as a study guide for "Part 1: Twelve Key Elements of Economics".

Subject:
Economics
Social Studies
Material Type:
Textbook
Provider:
Institute for Humane Studies
Provider Set:
OpenStax CNX
Date Added:
10/02/2018
Lesson: Bank of Canada & Monetary Policy
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This presentation helps to teach Module 33: Macro-Economics: Investigate the role and responsibilities of the Bank of Canada in regulating interest rates in Canada,  research and assess the impact of each stage of the economic life cycle on Saskatchewan and Canadian markets and examine the relationship between economic factors such as interest rates and economic conditions (e.g., recession, depression and bull market) and investment relative to a country’s economic growth.

Subject:
Financial Literacy
Material Type:
Lesson
Author:
Cindy Lowe
Date Added:
03/06/2024
Lesson: GDP Macroeconomic Impact on Financial Decisions
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In this lesson you will learn about how the larger macroeconomic situation impacts every Canadian (market growth/decline, inflation, and domestic and global economic conditions (war, unemployment, labor, international trade). This lesson will explore questions such as: What are key indicators (types of markets, unemployment, inflation, and Gross Domestic Product (GDP)) identifying to a country’s economic performance and how do these affect financial decisions?

Subject:
Financial Literacy
Material Type:
Activity/Lab
Homework/Assignment
Lesson
Module
Unit of Study
Author:
Cindy Lowe
Date Added:
03/05/2024
Lesson: Inflation Macroeconomic Impact on Financial Decisions
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In this lesson students will learn about how inflation impacts every Canadian, as it is part of every purchase we require to live: housing, food, clothing, entertainment and more. The calculation of the Consumer Price Index (CPI) is demonstrated through the basket of goods that make up the CPI figures. Knowing about inflation and the impact on financial decisions is very important for students to learn to “stay ahead”; meaning money earned/income needs to equal or be greater than money spent/ expenses, or they will “fall behind” financially. The lesson ends with a demonstration of a single good, calculating the “Big Mac Inflation” and comparing this to all other goods. 

Subject:
Financial Literacy
Material Type:
Activity/Lab
Homework/Assignment
Lesson
Module
Unit of Study
Author:
Cindy Lowe
Date Added:
03/05/2024
Lesson: Unemployment Macroeconomic Impact on Financial Decisions
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In this lesson, you will learn about how larger economic situations impact every Canadian, specifically around employment and jobs. Financial literacy is very interconnected to career planning, education planning, family planning and mental wellness. The impact of these 5 items is circular and unemployment is a very important topic in this whole circle. If someone is unemployed, the economic and financial impact can be devasting (look at what happened when millions lost their jobs during 2020 Covid-19 crisi!)

Subject:
Financial Literacy
Material Type:
Activity/Lab
Assessment
Homework/Assignment
Lesson
Author:
Cindy Lowe
Date Added:
03/05/2024
Marketplaces – High School Investment Education from Everfi (Grades 9-12)
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Educational Use
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"Marketplaces is a cutting-edge digital learning experience to equip students with an understanding of how the market works and the confidence to participate in it. Through an engaging, gamified learning experience, students blend economic concepts with investing topics to learn how the government, corporations, and individuals come together to participate in the financial marketplace."

Subject:
Agriculture Equipment Technician
Agriculture Studies
Business
Entrepreneurship
Financial Literacy
Material Type:
Unit of Study
Provider:
Everfi
Author:
Everfi
Date Added:
10/02/2023
Principles of Macroeconomics
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Principles of Macroeconomics covers the scope and sequence requirements of most introductory macroeconomics courses. The text also includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to both Keynesian and classical views, and to the theory and application of economics concepts.

Subject:
Economics
Social Studies
Material Type:
Textbook
Provider:
Rice University
Provider Set:
OpenStax College
Author:
Amyaz Moledina
Andres Jauregui
Craig Richardson
Cynthia Gamez
Dan MacDonald
David Shapiro
Diane Keenan
Eric Dodge
Ralph Sonenshine
Steven Greenlaw
Timothy Taylor
Date Added:
01/02/2014
Principles of Macroeconomics for AP Courses
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Principles of Macroeconomics for AP® Courses covers the scope and sequence for a one-semester Advance Placement Macroeconomics course. The book is on the example textbook list for the AP® course here. The text also includes many current examples, including the housing bubble and housing crisis, Zimbabwe’s hyperinflation, global unemployment, and the appointment of the United States’ first female Federal Reserve chair, Janet Yellen.

Subject:
Economics
Social Studies
Material Type:
Textbook
Provider:
Rice University
Provider Set:
OpenStax College
Author:
Amyaz Moledina
Andres Jauregui
Craig Richardson
Dan MacDonald
David Shapiro
Diane Keenan
Eric Dodge
Ralph Sonenshine
Steven Greenlaw
Timothy Taylor
Date Added:
08/14/2015
Video: Investing During Inflation
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Public Domain
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Understand why it’s important to keep investing, even during market downturns and periods of inflation. In this video, we discuss things to consider when markets fall, things to consider before you sell your investments, the benefits of sticking to your financial plan. Maintaining investment and earnings growth is the best way to keep up with inflation. Your money earned (which grows from investing and wage increases) should be greater than or equal to the money spent (which increases through inflation).

Subject:
Business
Financial Literacy
Material Type:
Activity/Lab
Author:
GetSmarterAboutMoney
Date Added:
03/05/2024