Personal Finance and the Role of Money · Personal Finance

Borrowing and Debt Management

Analyzing the costs of different forms of credit and the impact of debt on household welfare.

Key Questions

  1. 1What incentives are driving the growth of buy now pay later schemes?
  2. 2How does compound interest affect long term debt repayment?
  3. 3What trade-offs does a consumer make when choosing to borrow for consumption?

National Curriculum Attainment Targets

GCSE: Economics - Money and Financial MarketsGCSE: Economics - Personal Finance
Year: Year 11
Subject: Economics
Unit: Personal Finance and the Role of Money
Period: Personal Finance

Suggested Methodologies

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