"Economic Cinema"
John Q
SSEPF1 The student will apply rational decision making to personal spending and saving choices.
a. Explain that people respond to positive and negative incentives in predictable ways.
b. Use a rational decision making model to select one option over another.
c. Create a savings or financial investment plan for a future goal.
SSEPF1: Reasoning
SSEPF5 The student will describe how insurance and other risk-management strategies protect against financial loss.
a. List various types of insurance such as automobile, health, life, disability, and property.
b. Explain the costs and benefits associated with different types of insurance; include deductibles, premiums, shared liability, and asset protection
SSEPF5: Reasoning
SSEPF6 The student will describe how the earnings of workers are determined in the marketplace.
a. Identify skills that are required to be successful in the workplace.
b. Explain the significance of investment in education, training, and skill development.
SSEPF6: Reasoning
Themes
- Scarcity
The medical attention needed for patients are limited.
- Incentives
The doctors need a specific thing to actually want to do their job correctly.