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Economics and Budget Creation

Creator: Stephanie Sommers, Minneapolis Adult Education

In this unit, students explore concepts and vocabulary that are important to the study of economics. Students think critically about wants versus needs and engage in exercises to help them prioritize spending and make financial decisions. Students also begin to learn about credit and how credit scores are determined. In the culminating activity for this unit, students track spending habits on a chart and use that information to create a personal or household budget.

All of the supporting materials for this unit have been organized in a Google Drive folder. By clicking on the link, you will have access to the folder. You will be able to view and print all of the documents in the folder, but you will need to make a copy of any document that you wish to edit. This is to ensure that the original documents are not deleted or altered in any way.