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Q T Pi Fashions - Learning About Credit Card Use
Source: Council for Economic Education (EconEdLink) | Type: Lesson
Credit cards are convenient, user friendly, and at times dangerous. In this lesson students learn the joys and dangers of using credit as they help Credit, the main character in this activity, solve her credit problems.
Grades:
Concepts:
- Choice
- Consumer Economics
- Consumers
- Credit
- Decision Making
- Incentive
- Interest Rate
- Money Management
Standards:
- Economics 1: Scarcity
- Economics 2: Marginal Cost/Benefit
- Economics 4: Role of Incentives
- Economics 8: Role of Price in Market System
Related Resources:
Reviews
The lesson itself was great! It helped my students learn the real cost of using credit, but some of the numbers are incorrect. I used the lesson, but made my own worksheet.
