(Consumers' Association of Canada,
Alberta)
Alberta Consumers' Association
Alberta Curriculum Linkages
The Alberta Consumers'
Association site provides links to information resources that can be
used to meet the learning objectives of the following course. Objectives
that can be met directly are bolded. For CALM 20 the core theme,
Independent Living is supported (develops survival skills related to consumer
interactions in the marketplace). In addition most of the learning
objectives of the optional module, Consumer and Investment Choices, can
be met by using resource available through this site. To see some
suggested activities that use the site to meet learning objectives go to
the activity page.
Career and Life Management 20 (Senior High)
/16 (Revised 1989) Alberta Education, Alberta, Canada
Core Theme E: Independent
Living
Theme Objectives
The student:
develops conscious planning and decision-making
skills to make lifestyle choices that lead to personal satisfaction
accepts responsibility for the consequences
of personal decisions
develops skills and knowledge required to
derive optimal value from the use of resources
develops survival skills related to consumer
interactions in the marketplace.
Learning Expectations
Lifestyle Choices
recognizes the range of lifestyle choices
(U) clarifies personal values relating to lifestyle (I)
analyzes sources of lifestyle expectations
(U)
recognizes the impact of parenting on lifestyle
choices (U/I)
distinguishes between wants and needs (U)
identifies resources that can be applied to
meet lifestyle choices ®
recognizes that a combination of individual
resources can be used to meet personal needs and wants (S)
recognizes that the availability of resources
varies throughout the life cycle (U).
identifies components of a personal financial
plan (U)
relates lifestyle choice to personal financial
plan (I)
Financial Institutions
recognizes available banking options:
-
types of financial institutions
-
security of investments
-
types of accounts
factors affecting choice of financial institution
(R/U)
demonstrates efficient banking skills:
-
writing cheques
-
recording cheques and deposits
-
reconciling a bank statement ®.
Consumer Advocacy
identifies strategies for dealing with
consumer concerns (U).
Module 3:
Consumer and Investment Choices
Module Objectives
-
recognizes the interrelationship of personal
goal setting, decision making and effective consumer and investment choices
-
develops skills and knowledge to improve
consumer and investment decision making
-
identifies strategies that allow wise use
of financial and personal resources for immediate and deferred wants and
needs
-
recognizes the rights and responsibilities
involved in consumer and investment decisions
-
increases ability to modify consumer and
investment plans in response to changes in goals, lifestyle and access
to resources
-
improves ability to communicate concerns,
and to make plans related to consumer and investment choices.
Learning Expectations
Financial Goal Setting
-
recognizes that consumer and investment
choices and opportunities are based on personal decision making (U)
-
assesses present net worth (U)
-
reviews short-term financial goals ®
-
determines long-term financial goals (I).
Personal Investment Considerations
practices correct use of terms related
to investment (R/U) recognizes the interplay among the investment characteristics:
risk
return
liquidity
term ®
recognizes that investment characteristics
apply to consumer purchases and investment choices (U) recognizes that
the value of investments may appreciate or depreciate (U)
assesses the advantages and disadvantages
of eliminating or reducing debts as the first stage of developing a personal
investment plan (U)
identifies commitments related to investment
transactions:
-
financial
-
contractual
-
ethical (U)
examines the implications of entering into
a contract (U).
Types of Investment
-
Wise Consumer Decision Making
-
identifies the factors that affect consumer
buying of goods and services (U)
-
identifies and assesses sources of consumer
information and assistance (I/S)
-
demonstrates an ability to resolve consumer
concerns in a positive manner(S)
-
develops skills in wise shopping for goods
and services:
-
timing of purchase
-
location
-
display
-
size and cost comparison
-
research versus impulse (S)
-
assesses the influence of advertising on consumer
choice (R/U)
-
distinguishes between consumer rights and
consumer responsibilities (U/I).
-
Debt Investment
-
defines debt investment ®
-
examines the difference between non-traded
debt investment and traded debt investment (U)
-
non-traded debt investments:
-
demand accounts
-
term deposits
-
guaranteed investment certificates
-
traded debt investments:
-
bonds
-
debentures
-
treasury bills.
-
Equity Investment
-
defines equity investment ®
-
examines the difference between common
shares and preferred shares (U)
-
differentiates among growth, blue chip
and speculative shares (U).
-
Other Investments
-
identifies advantages and disadvantages
of other investment opportunities:
-
mutual funds
-
real estate
-
precious metals
-
collectables
-
insurance (U).
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