Stage 1 Document

Stage 1 Desired Results
ESTABLISHED GOALS                          
Alaska Standards:
Government and Citizenship Standards
G: A student should understand the impact of economic choices and participate effectively in the local, state, national, and global economies.
A student who meets the content standard should:
1) apply economic principles to actual world situations;
3) identify and compare the costs and benefits when making choices;
Mathematics
Functions:
F-IF.2. Use function notation, evaluate functions for inputs in their domains, and interpret statements that use function notation in terms of a context.
ISTE NETS
5b Students collect data or identify relevant data sets, use digital tools to analyze them, and represent data in various ways to facilitate problem-solving and decision-making.
Transfer
Students will be able to independently use their learning to…                                         
Apply skills developed through understanding of functions to financial decision making.  Students will use the basic skills in this and other units to build a Google Sheets portfolio which will demonstrate the ability to analyze various aspects of decisions made in the financial realm.
Meaning
UNDERSTANDINGS                                      
Students will understand that…
Spreadsheets can be used to calculate and model financial situations.
One can make comparisons between different loan offers.
Various factors can impact your final decisions
ESSENTIAL QUESTIONS                          
How can I use technological tools to help me in financial decision making?
What questions should I have in mind when approaching loan offers?
How can I calculate loan offers based on various interest rates and length of loans?
Acquisition
Students will know…
Key terms related to employment compensation.
Variables (function inputs) that determine earnings (function outputs) under different loan offers.                        
How to calculate loan offers to compare the financial aspects of competing offers.
Students will be skilled at…                     
Using spreadsheets (Microsoft Excel or Google Sheets) to evaluation financial decisions.
Designing spread sheets to calculate and compare Loan offers
Calculating loan offers by hand

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