Personal Finance and Economic Systems · Personal Finance

Decision Making and Financial Planning

Using concepts of opportunity cost and risk to manage personal wealth and consumption.

Key Questions

  1. 1What trade-offs does an individual face when choosing between saving and immediate consumption?
  2. 2How do interest rates influence the long term cost of personal debt?
  3. 3What incentives drive the diversification of an investment portfolio?

MOE Syllabus Outcomes

MOE: Decision-making Approach - JC1MOE: Economics of Personal Finance - JC2
Level: JC 2
Subject: Economics
Unit: Personal Finance and Economic Systems
Period: Personal Finance

Suggested Methodologies

Ready to teach this topic?

Generate a complete, classroom-ready active learning mission in seconds.

Generate a Custom MissionBrowse Lesson Plan Templates

More in Personal Finance and Economic Systems

Comparative Economic Systems

Contrasting market, planned, and mixed economies in their approach to the fundamental economic questions.

3 methodologies

The Singapore Economy

A deep dive into the unique challenges and strategies of a small, open, and resource-constrained city-state.

2 methodologies

Browse curriculum by country

AmericasUSCAMXCLCOBR
EuropeUKIEFRDEESITNLPTSE
Asia & PacificINSGAU