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Consumer Economics/Personal Finance

The following list is the standards and benchmarks for Consumer Economics/Personal Finance

Standard 3:  Demonstrate Personal Financial Literacy

  • Benchmark A:  Use financial resources to meet individual and family financial goals.  Choose resources to meet individual, family, and buisiness financeial goals.
  • Benchmark B:  Illustrate financial institutions and services to meet financial goals.  Evaluate financeil institutions and services to meet valued ends.
  • Benchmark C:  Predict changes in financial priorities needed to protect financial health through the family life cylce.
  • Benchmark D:  Assess use of credit and debt to meet personal and family financial goals.
  • Benchmark E:  Operationalize skills to manage conflict and/or stress related to financial issues.
  • Benchmark F:  Determine impact of public polieis on financial planning for self and family.
  • Benchmark G:  Formulate techniques to prevent loss of assests.
  • Benchmark H:  Utilize deciaion making and accounting processes to prtedt financial health.
  • Benchmark I:  Build relationship and conflict resolution skills to manage family and financial demands.
  • Benchmark J:  Monitor public policy impacting financial well being.

Standard 5:  Discover Consumer Power

  • Benchmark A:  Interpret the impact of advertising on individual and family consumrer purchases.
  • Benchmark B:  Implement strategies for purchasing goods and services that meet individual needs and valued ends.
  • Benchmark C:  Illustrate consumer rights and responsibilities.
  • Benchmark D:  Evaluate impact of consumer choices on renewable and nonrenewable resources.
  • Benchmark E:  Interrelate the economy and consurmer decisions.





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