Consumer Math

Welcome to Consumer Math!

Consumer Math serves as a full year course for students that introduces practical math principles with an emphasis on discounts, interest, bills, fractions, decimals, percentage, gains and losses, budgets, insurance, checking accounts, and simple records.

Consumer Math, a basic course for students preparing to enter the business world

immediately after graduation, may be used to complete one year of the math graduation requirement.

 

Class Materials:

Please bring a notebook for notes and classwork.

 

Classroom Management

 

ü All students are expected to be in the classroom when the bell rings.

ü All required materials are to be brought to class each day.

ü Passes will be issued when needed. Please do what you need to do before class time.

ü Students are encouraged to complete any missed assignments within a timely fashion to be discussed with the teacher.

ü Students are encouraged to attend extra-help sessions as soon as the need arises.  I will be available for extra help Tuesdays-Thursdays 2:05-3:00 p.m. Students who cannot stay after school should make special arrangements with the teacher.

ü Cell phone use is not allowed in class. 

 

Grading Policy:

·        Tests (30%)

·        Quizzes (20%)

·        Projects (20%)

·        Participation, Classwork and Homework (30%)

·        NEASC-Critical Thinking Rubric

 

Homework Policy

Please see attached Board of Education Homework Policy

 

 

Course Schedule:

1. GROSS PAY...Hourly Pay. Salary. Commission. Other Wage Plans. Average Pay.

2. NET PAY...Deductions from Gross Pay. Federal Taxes. State and Local Taxes.

Employee Benefits and Job Expenses. Take-Home Pay.

3. BANKING...Savings Accounts. Checking Accounts. Electronic Banking. Check

Register reconciliation. Money Markets and CD Accounts. Annuities.

4. CREDIT CARDS...Credit Card Costs. Credit Card Finance Charges. Average Daily

Balance Method. Cash Advances. Debit Cards. Debt Management.

5. LOANS...Promissory Notes. Calculating Interest. Installment Loans. Early Loan

Repayment. Annual Percentage Rates.

6. OWN A HOME OR A CAR...Borrowing to Buy a Home. Renting or Owning a Home.

Property Tax. Property Insurance. Buying a Car. Car Purchases and Leases.

Deprecating a Car. Cost of Owning a Car.

7. INSURANCE AND INVESTMENTS...Life Insurance. Health Insurance. Other Types

of Insurance. Bonds. Bonds Interest. Stocks. Mutual Funds. Real Estate. Retirement

Investments.

8. BUDGETS...Average Monthly Expenses. Creating a Budget. Optional Personal

Expenses. Best Buys. Adjusting a Budget. Economic Statistics.

9. SALES AND MARKETING...Cash Sales and Sales on Account. Cash and Trade

Discounts. Series Trade Discounts. Markup and Markdown. Marketing Surveys. Sales

Forecasts. Market Share. Advertising Costs.

10. COSTS MANAGEMENT...Manufacturing Costs. Break-even Point. Depreciation

Costs. Shipping Costs. Overhead Costs. Travel Expenses.

11. PEOPLE AND INVENTORY MANAGEMENT...Wage and Salary Increases. Total

Costs of Labor. Tracking and Reordering Inventory. Inventory Valuation. Ordering and

Carrying Inventory.

12. BUSINESS PROFIT AND LOSS...Preparing Income Statements. Analyzing Income

Statements. Partnership Income. Preparing Balance Sheets. Analyzing Balance Sheets.

Bankruptcy.

13. INTERNATIONAL BUSINESS...Production, Trade, and Finance. International Time

and Temperature. International Measures of Length. International Measures of Area.

International Measures of Capacity and Weight.