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WHAT IS ECONOMICS? |
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What is Economics?
Lesson Plan
An
introduction to
economics. Students
learn the vocabulary of
economics, what
economics is, why we
study it, and why it is
important to our daily
lives. |
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TIME VALUE OF MONEY |
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Time Value of Money -
TVM
Time is Money!
This lesson introduces
students to a basic
concept behind all types
of investments,
the Time Value of
Money. Also
introduces the concepts
of Present Value
and Future Value. |
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COMPOUND INTEREST |
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Compound Interest
A worksheet for a lesson
in the concept of
compound interest as it
relates to the time
value of money (TVM). |
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OPPORTUNITY COST |
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Opportunity Cost
We
make many decisions
every day. Should
we go to work?
Should we go shopping?
In economics this is
called opportunity cost. |
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SUPPLY AND DEMAND |
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Supply and Demand
Introduction
A worksheet that
introduces the concept
of supply and demand. |
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LAW OF DEMAND |
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Law of Demand
Learn the law of demand,
understand how it works,
and create demand
curves. |
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INFLATION INTRODUCTION |
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Inflation Introduction
Lesson
A worksheet that
introduces the concept
of inflation. |
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PRESENT VALUE |
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Present Value
Learn about the
important financial
concept of present
value. Present value
tells us how much the
prospect of future
income is worth in
today’s dollars. |
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SIMPLE INTEREST |
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Simple Interest
Understand what simple
interest is, and how it
is calculated. |
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COMPOUND INTEREST |
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Compound Interest
Understand what compound
interest is, how it is
calculated, and
appreciate the impact it
makes on loans and
investments. |
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MORTGAGES AND INTEREST |
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Mortgages and Interest
Understand the concept
of mortgages and
compound interest. |
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ANNUITIES AND
PERPETUITIES |
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Annuities and
Perpetuities
Understand, define, and
calculate annuities and
perpetuities. |
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NET PRESENT VALUE (NPV) |
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Net Present Value (NPV)
Understand the concept
of net present value
(NPV) and how it is used
to determine the value
of future cash in
today's dollars. |
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NPV VERSUS OTHER
INVESTMENT MODELS |
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NPV versus Other
Investment Models
Compare other investment
models to NPV
including payback
period, discounted
payback, average return
of book value, Internal
Rate of Return (IRR),
discounted cash flow,
profitability index, and
benefit-cost ratio. |
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MODERN PORTFOLIO THEORY |
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Modern Portfolio Theory
(MPT)
Understand modern
portfolio theory.
Topics include Markowitz
theory, efficient
portfolio, CAPM, and the
relationship between
risk and reward. |
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INTRO TO RISK, RETURN,
AND OPPORTUNITY COST OF
CAPITAL |
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Intro to Risk, Return,
and Opportunity Cost of
Capital
Understand risk, return,
and opportunity cost of
capital. Topics
include investment
portfolio, variance,
standard deviation, and
portfolio risk. |
USING NPV TO MAKE
INVESTMENT DECISIONS |
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Using NPV to make
Investment Decisions
Understand how to decide
which items to include
in the cash flow
analysis after tax
corporate cash flow, and
how to utilize limited
capital. |
DEMAND AND MARGINAL UTILITY |
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Demand and Marginal Utility
Understand the concept of demand, marginal utility, and diminishing marginal utility. |
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GOODS AND SERVICES: KEY ECONOMIC QUESTIONS |
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Goods and Services: Key Economic Questions
Understand the three economic questions that all societies must answer. |
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INFORMATIONAL ARTICLES |
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Macroeconomics: A General
Overview
Learn about macroeconomics, basic principles, and concepts.
Microeconomics: A General
Overview
Learn about microeconomics, and basic micro concepts.
The Evolution of Money
The two
theories which explain what
money is.
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RELATED RESOURCES:
INVESTING |
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Investing
Including stocks, interest, income statements.
Buying stocks, calculating shares purchased,
percentage
change in share price, how to read a stock
table.
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Learn all
about basic economics.