Watch the video using the link below.
houstonpbs.pbslearningmedia.org/resource/fin10.socst.personfin.timevalu/the-time-value-of-money/?student=true&focus=true
Select one discussion question below to answer and respond to one peer’s posting.
1. What do you think of the strategy employed in this lesson of using two differing financial planning scenarios and projecting the outcomes for each? Is this a strategy you can use? How might you tailor it to your students?
2. In teaching the concept of compound interest, think about how and when you would introduce the concept of “opportunity costs.” What real-world applications might you use?
3. Evaluate the additional strategy Riza Laudin uses in her classroom of having students critically read financial news articles and then identify the economic principle addressed in the article. How would you apply a similar strategy in your classroom?
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Use the link below to view the video.
houstonpbs.pbslearningmedia.org/resource/fin10.socst.personfin.timevalu/the-time-value-of-money/?student=true&focus=true
Answer one of the conversation questions below and comment to one of your peers’ posts.
1. What do you think of the method used in this lesson of estimating the outcomes of two different financial planning scenarios? Is this a viable strategy for you? How could you make it more relevant to your students?
2. Consider how and when you’d introduce the concept of “opportunity costs” while teaching the concept of compound interest. What kinds of real-world applications do you think you’d be able to come up with?
3. Evaluate Riza Laudin’s extra teaching method of having students read financial news articles critically and then identify the economic concept addressed in the story. What would you do if you had to use a similar method in a different situation?
