CURRICULUM MAP TEMPLATE

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1 CURRICULUM MAP TEMPLATE Fundamentals of Business 643 September Essential Questions & Content Why is important? What is an economic system? What are markets? What are the factors of production? How does supply and demand? What does diversification mean? How does the stock market? What is a public corporation? What are the different sectors of our economy? Market economy Factors of production Degrees of competition Private enterprise History of Spreadsheet analysis Diversification strategy Stock markets Mutual funds Business web pages Standard Skills Assessment & Learner Expectations forces driving supply and demand Understanding a market economy differences between monopolistic competition and oligopolies. selection process of a diversified portfolio main sectors of our economy? to construct a spreadsheet portfolio

2 October What factors affect a company s environment? What defines an organization s boundaries? What factors influence financial stability? What is the meaning of a global economy? GDP GNP Purchasing Power parity Aggregate Output Standard of Living Real GDP Inflation Unemployment Balance of trade National Debt CPI Exchange rates Comparative Advantage Outsourcing Analyzing a company s external environment factors that affect financial stability inflation s Purchasing Power Parity levels the playing field for different countries to calculate exchange rates for different currencies Understanding what countries import and export

3 November What is the function of the Federal Reserve Bank? How is money circulated throughout the economy? What are Fiscal and Monetary Policies? How do interest rates affect supply and demand? What are different forms of Investments? Federal Reserve Money Supply Interest Rates Time, Value, Money Present Value Future Value Sinking Funds Annuities Investment Risk Finance role of the Federal Reserve to calculate the return on an investment concept of Present value versus Future value Evaluating different investments concept of percent change. December Why do we buy? Why do we sell? What factors affect consumer behavior? What is the difference between marketing and selling? needs and wants of consumers. Understanding and applying the 4 P s of the marketing mix

4 Needs versus wants The Marketing Mix: Price Product Place Promotion Internet sales Product Life Cycle Cyclical vs Seasonal Consulting matrix distinction between selling and marketing product life cycle December How do companies keep track of their revenues and expenses? How do companies know if they have enough funds to start and keep a running smoothly? What are the fundamental concepts of Accounting? Income Statement Balance Sheet Sales Revenue Expenses Assets Liabilities Common Stock Financial Ratios Understand how to accurately apply accounting concepts to determine the financial health of a company. to organize an income statement and balance sheet. Understand how to examine the key financial ratios obtained financial statements.

5 CURRICULUM MAP TEMPLATE Fundamentals of Business 643 January Essential Questions & Content How important are Business Ethics? What type of Organizational Structures do companies have? What are different taxes that companies need to be concerned with? How do you finance a car or mortgage? How do you develop a plan? What is entrepreneurship? How do companies merge or disolve? Ethics CEO Board of Directors Payroll Corporate taxes Credit cards Kelly Blue Book Franchises Mergers and Acqusitions Spin-Offs Frame Standard Skills role of ethics in flow chart of a organization to set up a payroll with deductions to set up a credit card payoff spreadsheet companies can merge together or be purchased. Analyzing the pos and cons of owning a franchise. to formulate a plan. Assessment & Learner Expectations answer and from the

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