Lesson Plan

Econ Ed Link: Timing Is Everything

Curated by ACT

In the first part of the activity, students examine the incentives and opportunity costs of spending and saving in a teacher directed activity. The remainder of the activity is an interactive website. Students work through problems that demonstrate the power of compound interest.

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Concepts
compound interest, interest, opportunity cost
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Additional Tags
council for economic education, econedlink, econedlink: timing is everything, incentive, interest rate, savings
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Classroom Considerations
  • Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional