• Introduction to Business and Finance

    2021-22 Northern York High School
    Instructor:  Mr. Neessen – Room 202

    Course Description

    This course introduces students to the world of business and will help them prepare for economic roles of consumer, worker, and citizen. The course serves as a background for other business courses taken in high school and college and as a tool for consumer decision making. It will help the student prepare for future employment and effectively perform the responsibilities as a good citizen. Topics covered include financial institutions and banking services, savings and investment strategies, fundamentals of credit, basic economics, international business, budgeting techniques, consumer awareness, and more.

    Textbooks

    Principles of Business, 9E.; Dlabay, Burrow, and Kleindl, South-Western Cengage Learning © 2015.

    Course Schedule (Tentative):

    Chapters/Sections:

    1             Economic Decisions and Systems
                   1.1 Satisfying Needs & Wants
                   1.2 Economic Choices
                   1.3 Economic Systems
                   1.4 Supply & Demand

    10           Marketing
                   10.1 Marketing Basics
                   10.2 Develop Effective Products & Services
                   10.3 Price and Distribute Products

    4             Social Responsibility of Business and Government (patents, copyrights, trademarks, giving back)
                   4.1 Social Responsibility and Business Ethics
                   4.2 Government Protection Activities
                   4.3 Government Regulations and Assistance

    5             Business Organization (sole proprietor, partnership, corporation)
                   5.1 Business in the U.S. Economy
                   5.2 Forms of Business Ownership
                   5.3 Organizational Structure for Business

    6             Entrepreneurship and Small Business Management (Shark Tank)
                   6.1 Becoming an Entrepreneur
                   6.2 Small Business Basics
                   6.3 Starting a Small Business

    17           Banking and Financial Services (accounting basics, checks, deposits/withdrawals, reconciling statements)
                   17.1 Banks and Other Financial Institutions
                   17.2 Financial Services and Electronic Banking
                   17.3 Checks and Payment Methods

    18           Consumer Credit (4 C’s of credit, cost of credit, calculating interest, forms of credit)
                   18.1 Credit Fundamentals
                   18.2 Cost of Credit
                   18.3 Credit Application and Documents
                   18.4 Protection of Credit Rights

    19           Savings and Investment Strategies
                   19.1 Savings and Investment Planning
                   19.2 Stock Investments (Stock Market Game – HowTheMarketWorks.com)
                   19.3 Bonds & Mutual Funds
                   19.4 Real Estate Investments (Flip It!)
                   19.5 Other Investments

    2             Economic Activity (GDP, unemployment rates, phases of the business cycle)
                   2.1 Measuring Economic Activity
                   2.2 Economic Conditions Change
                   2.3 Other Measures of Business Activity

    3             Business in the Global Economy (importing & exporting, exchange rates)
                   3.1 International Business Basics
                   3.2 The Global Marketplace
                   3.3 International Business Organizations

     

    Assignments and Activities Include:

    - The Stock Market Game – How the Market Works (http://www.howthemarketworks.com/)
    - Discovering Forms of Credit Around You
    - Time to Invest (Investing in Collectibles, Stocks, Real Estate, Commodities, etc.) 
    - Flip It! (Real Estate Project)
    - Shark Tank!
    - And More!

    How will you be graded?

    Students will be assessesd through Quizzes (Chapter Assessments) , Chapter Projects, and Other Content Related Projects / Assignments

    Make Up Work --- Absent work will be due the day following your return to school.  Any notes or assignments that you miss due to an absence are your responsibility, if you have any questions please let me know.  If you need to schedule time before or after school to make up work please let me know.  Work that you miss due to an absence can be found on Schoology.  If you miss a test due to an absence it must be made up upon your return to class (either during class, during a study hall, or after school).

    Late Work:

    • ALL work should be completed by its assigned due date, however, I understand that things happen (you forget to do it, you leave it at home, etc.). I will accept late work, with a 10% deduction for each day it is late, after ten days it will become a zero permanently.

    Keys to Success!

    • Complete ALL assignments in a timely manner!
    • Participate
    • Take Notes
    • Ask for help if you don’t understand something.
    • Be creative!
    • Do your own work!