Why expenditure is needed in the economy Get students thinking about the importance of managing income at home 4 My Financial Life Cycle Business Website Poster Paper Prepare a personal Financial Life Cycle Why is it important? 1.1 1.3 3.1 5/6/7 3 Manage my Income and Expenditure Day to Day Business Website Schoology YouTube Debit/Credit Rap Handouts Pair Work Class Test Peer Teaching Kahoot Sporcle Differentiate needs and wants with disposable income Construct a personal life cycle to identify financial needs at different stages of life Prepare an Analysed Cash Book and balance the accounts Be able to analyse the figures on the cash book The difference between debits and credits Importance of keeping records for the household 1.1 1.3 1.13 7/8 4 Money, Banking, and Personal Accounts Business Website Schoology YouTube Handouts Bank Websites Class Discussion Class Test School Bank What is money The forms of money Difference between money and bartering Debit and Credit Cards Methods of Payment What is personal banking Why do we need banks? 1.2 1.10
Guest Speaker* Kahoot Sporcle What are current/deposit accounts and how are they opened Functions of banks Enabling the students to open their own bank accounts through school bank 8 Midterm 9/10 5 The Wise Consumer Business Website Schoology YouTube Handouts Internet Class Discussion Class Test Think/Pair/Share Kahoot Sporcle Revise needs and wants How to be wise- eg. Shop around etc.. The main steps Caveat Emptor Unit pricing The influence of advertising/brand on us as consumers Relate to business and economy Relate to their own personal lives 1.2 1.9 11/12/13 6 Consumer Rights and Responsibilities Business Website Schoology YouTube Handouts Internet Class Discussion Class Test Think/Pair/Share Kahoot Sporcle Sale of Goods and Supply of Services Act 1980 The Consumer Protection Act 2007 Responsibilities of consumers- ethical v non ethical purchasing- www.fairtrade.ie Responsibilities of retailers Letters of Complaint Protecting consumers 1.1. 1.7 1.8 1.9 1.10 2.5
14 Chain of Production and Channels of Distribution Business Website Schoology Trip to Coca- Cola Factory YouTube Handouts Internet Class Discussion Class Test Think/Pair/Share Kahoot Sporcle The different sectors in the economy and their importance to the Irish economy How a product is produced. The different channels of distribution that exist and they type of products associated with each The chain of production and channels of distribution for the Coca-Cola Factory 2.2 2.5 Christmas break 15/16 7 Your Working Life: Work and Employment Business Website Schoology Students will chat to somebody at home about work/employment Class Discussion YouTube Kahoot Sporcle Differentiate between work and employment Why people work The different types of work available- self-employed/ volunteering etc.. Interpret rights and responsibilities of employers and employees Illustrate types of pay Workplace organisation structures The world of work in the 21st Century 2.3 2.4 2.6 3.2 3.3 17/18 8 Importance of Enterprise Business Website RTE Player-Dragons Den YouTube Student research project on an What is an entrepreneur? Characteristics of entrepreneurs The risks Impact on the community Famous examples 2.1 2.2 3.6 2.7
entrepreneur that has influenced them Kahoot Sporcle Research an entrepreneur and present findings to class 19/20 9 Researching your Business Business Website YouTube-Pixar Caldbury’s Fuse Bar Case Study Class Discussion Kahoot Sporcle From idea generation to final decision SWOT Analysis Importance of Market Research Field v Desk Design a market research survey 1.1 2.7 21/23 10 Marketing your Business Business Website YouTube Case Studies Research an Ad they are interested in Marketing Mix Research Assignment Class Discussion Class Test Kahoot What is marketing? Explain the Marketing Mix using the 4 P’S for a product/service Marketing examples and case studies examined Power of brands that can affect consumer choice Study marketing examples on YouTube 2.8