- Type Learning
- Level Foundational
- Time Hours
Decisionmaking Badge
Issued by
Federal Reserve Bank of St. Louis
Achieve an understanding of how to improve the decision making process. Students will learn the basics of the decision making process. Lessons also include engaging content and activities that relate to real-world application of the benefits of using the PACED decision- making model, and how opportunity cost is a part of every decision. This syllabus incudes modules, video Q&A, in- class lesson plans and additional resources to teach the content.
- Type Learning
- Level Foundational
- Time Hours
Skills
- Apply a decision-making process to making consumer choices concerning public transportation and vehicle ownership, including leasing versus owning and new versus used.
- Discuss the importance of taking responsibility for personal financial decisions.
- Explain how personal financial resources affect the choices people make.
Standards
02.01 Discuss the importance of taking responsibility for personal financial decisions. 02.02 Explain how personal financial resources affect the choices people make. 02.03 Apply a decision-making process to making consumer choices concerning public transportation and vehicle ownership, including leasing versus owning and new versus used.