Competencies:

Exploring the Many Factors That Affect Income

• 54: Examine the market value of a worker’s skills and knowledge.

Developing Consumer Skills

• 65: Examine the effect of supply and demand on wages and prices.

Demonstrating Knowledge of Income Earning and Reporting

• 110: Examine how personal choices about education, training, skill development, and careers impact earnings.

Class Materials:

• DE Econ Unit 5 Slide Show
• Unit 5 vocabulary
• Unit 5 Reading Packet
• Unit 5 Student Notes Packet
• Unit 5 Test Study Guide
• Unit 5 Review Jeopardy
• Vocabulary Quiz
• Test

Activities

• The Current & Future Labor Market (education pays website), (What It’s Worth website), (Occupations with Largest Job Growth website), (Education & Training Assignments website), and (Occupations with the Largest Job Decline website)
• VE Why Some Jobs Pay More Act Sheets

Videos:

• How to Answer the Salary Question – Job Hunting
• The Cost of Hiring New Employees