| Unit 3 Credit in Our Economy |
| Unit 2 Financial Institutions and Banking Services |
| Unit 4 Savings and Investment Strategies |
| Unit 6 Personal Financial Management |
| Unit 1 Consumers in the Economy |
| Chapter 29 The Fundamentals of Credit Standard: Explain what credit is and the basis on which it is granted. |
| Chapter 30 The Uses of Credit Standard: Describe several appropriate uses of credit by individuals, businesses, and governments. |
| Chapter 31 The Cost of Credit Standard: Identify costs of credit and how to compute interest. |
| --Explain what credit is and how it is used --Distinguish loan credit, sales credit, and trade credit --Discuss how credit is granted, including the three C's of credit --Cite advantages and disadvantages of using credit |
| --Describe three types of charge accounts: regular, budget, and revolving --List common types of credit cards --Explain how installment credit sales differ from credit card sales |
| --Explain how simple interest is computed --Distinguish between decreasing payment and level payment installment loans --Explain the costs of credit in addition to interest |
| --Discuss credit applications, credit bureaus, and credit reports --Explain what should be done in checking credit records --Explain what can be done to build and keep a good credit history |
| Unit 5 Risk Management |
| Chapter 32 Credit Record and Regulations Standard: Explain some of our laws and regulations regarding credit records and transactions. |