BBI2O – Unit 3 – Lesson 6: Loans and Credit

Overview

Duration

100 minutes

Lesson Objective

• To learn about loans and credit.

Lesson Outcomes

• To define consumer credit.
• To give examples of sources of credit.
• To explain how different types of credit work.
• To explain how to improve your credit rating.
• To participate in an online simulation game.

The Lesson

Sequence

1. Starter: Investing and Savings Recap Crossword.
2. Examples of Consumer Credit | Class Brainstorm.
3. Types of Credit | Teacher led note taking and discussion.
4. Advantages and Disadvantages of Credit | Class Brainstorm.
5. Aquiring Credit | Teacher led note taking and discussion.
6. Task 1 | Shopping for Credit | Internet Research Task.
7. Credit Ratings | Teacher led note taking and discussion.
8. Task 2 | ShadySam | Online Simulation Game.
9. Review: Time for TED… Your Money and Your Mind with Wendy De La Rosa | Episode 6

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