Grades 3-5
Grade 9-12
,
On-Demand Webinar
Financial Fitness for Life, Chapter 17: What Does Car Ownership Cost?
Time: 60 mins,
Presenter: Theresa Fischer
Objective
Teachers will be able to:
- Evaluate the pros and cons of owning a new vs. used car.
- Calculate the costs of financing, insurance and other ownership responsibilities.
Standards
Concepts
This video is available to view for EconEdLink members only.
In this economics webinar, help students understand why car ownership comes with making some big decisions.
Description
An overview of Chapter 17: What Does Car Ownership Cost?
This session will focus on the big but common questions students may face, such as What type of car do I want? How do I pay for it? Should I buy new or used?
Understand the typical challenges, and always do research. Everyone wants a shiny new car, but being economical and making good decisions will ultimately work the best for you and your budget.
Resources
Related Resources
This economics and personal finance lesson takes students through the process of producing a good to sell to a fictional...
Key Concepts: Consumers, Income, Producers
Grades K-2, 3-5
Decision Making with "Sam and the Lucky Money"
Using the children's book, "Sam and the Lucky Money", students learn about Chinese New Year and practice decision-making skills using...
Key Concepts: Decision-Making Grid, Opportunity Cost
30 mins
Activity
Grades 9-12
Should Private Companies Operate Prisons?
Students analyze and rank the four general goals of corrections to help them determine their personal beliefs about what prisons...
Key Concepts: Incentives, Opportunity Cost, Profit…
60 mins
Lesson
Grades 9-12
What is the Most Ethical Way to Fund Public Schools?
Students analyze documents, create a school-funding graphic organizer, and write an email to their state representative with their plan to...
Key Concepts: Decision Making/Cost-Benefit Analysis, Opportunity Cost, Role of Government
90 mins
Lesson