Unit 9 Credit in our economy

Unit 9 Credit in our economy - SINGLE SUBJECT UNIT PLAN...

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Unit Title: Credit in Our Economy (Chapters 29-32) Unit Nine Course: Intro to Business Subject : Business Grade Level(s) : 9-12 Teacher : Holland Dates : TBD Overview (Rationale) : Unit Nine introduces the use of credit in our economy. Understanding how credit works in our society is an absolute necessity; successful management of credit is a critically important and needed skill to function in business and as an individual consumer. Lessons: the fundamentals of credit, the uses of credit, the cost of credit, and credit records and regulations. Topics to be covered : Credit. What is it? Types of credit Users of credit Granting of credit Benefits of credit Precautions for use of credit When should you use credit? Types of charge accounts Teenage charge accounts Credit card usage Installment sales credit Consumer loans Credit contracts Interest calculations Finance charges Credit alternatives Creditworthiness Credit records
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This note was uploaded on 05/16/2011 for the course ART 113 taught by Professor Haverford during the Winter '10 term at Grand Valley State University.

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