UNIT SUMMARY
In this unit the students will be introduced to some basics of business, personal finance and the challenges of running a company. They will begin by finding out how companies are structured and what entrepreneurs need to think about when starting a new company.
Then they will learn in more detail about the different kinds of fixed and variable costs involved in running a business. This is important because more and more young people are entering into business, sometimes even while still students.
The students will learn about ways to save money and how to plan a budget in their daily life to help them manage their own money. This will require some basic maths skills. In this unit, students will also investigate what they would need to consider if they were starting their own business and present their ideas to the class. They will also learn about socially responsible companies and non-governmental organisations (NGOs).
VOCABULARY LIST
HELPFUL RESOURCES
VIDEOS ABOUT MONEY AND BARTERING SYSTEM
