| Algebra II: Mathematics and Economics 9202/9702 |  |  | | Resource |
Finally an answer to the age-old questions, "When will I ever use this? Why do I need to learn this?" Designed to bring mathematics and economics together, this course will give students real world applications of the topics generally covered in a traditional Algebra II course. Although created primarily  | | The Real Cost of Credit Card Debt |
for students in the Business, Marketing & Management Academy, this course will link mathematics to practical problems that all students will encounter throughout their lifetime. As a result any student wanting an Algebra II course rich in business and real world applications should consider this course.
Students  | | What do all of those numbers on a credit card statement mean? |
will explore how interest on credit card debt can cost them huge amounts of money and how to determine their odds of winning a lottery. Students will use graphical analysis and algebraic solutions to study supply and demand, the primary tools of economic analysis. Other topics may include: the gains from  | | This graph shows the path of the target federal funds rate since 1990. The gray areas indicate the recessionary periods in 1990-1991 and in 2001. |
trade, future value of money, the cost of various transportation options, as well as some personal finance applications.
If you are interested in obtaining more information about this course, please talk with a guidance counselor or business academy teacher.
|
 NCEE Council
Help with answers to economic questions for students or teachers.
Interactive Supplement
Compound Interest Calculator
It All Adds Up!
Learn more about managing credit, budgeting, decision making, and paying for college through a series of 5 online activities
The Nature of Demand
Demand is determined by the value that people attach to a product (a good or a service). |
|
| | | | | | |
| National Standards for Mathematics | 1. Number and Operations
2. Algebra
3. Geometry
4. Measurement
5. Data Analysis and Probability
6. Problem Solving
7. Reasonong and Proof
8. Communication
9. Connections
10. Representation |
| National Standards for Economics | 1. Scarcity
2. Marginal costs/marginal benefits
3. Gain from trade
4. Specialization and trade
5. Markets- Price and quantity determination
6. Role of price in market system
7. Role of interest rates
8. Profit and the entrepreneur
9. Role of government |
|
