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. 

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. 

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.

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. 

Module 33 MacroeconomicsAssignment Instructions: Answer the following questions regarding how macroeconomic principles can really impact how individuals make financial decisions.

"There are 44 modules worth of activities and resources on this page! 31 modules with the secondary icon are designed for high school instruction in the Saskatchewan Financial Literacy 20/30 curriculum.

Although some of the content of the 13 other modules are designed for middle years instruction, they are easily adaptable to secondary learners. Teachers, consult your school division to see if the 13 modules have been taught at the middle years level to avoid repetition.

Simply click on a theme, select a module for instruction, pick an appropriate suggested activity from the Teacher’s Guide, and download the necessary resources to help students meet the module’s outcome."

This resource consists of various Inflation Resources- lessons, graphics, presentations, assignments and quiz questions for teachers to use with Module 33: Macroeconomics within the Financial Literacy courses

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.

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?

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. 

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!)

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).