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

GlobalGeek Resources


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