A Correlation

 Between

Indiana Academic Standards

And

Junior Achievement Finance Park Curriculum

 

 

 

 

November 2002

 

Junior Achievement Inc.

One Education Way

Colorado Springs, CO 80906

           

 

 

 

 

 

Junior Achievement Finance Park

 

JA Finance Park is a six-week economics education program for middle grades social studies students.  JA Finance Park provides a hands-on, follow-up experience to the economics concepts introduced in elementary grades.  In addition to carry-over concepts, students are introduced to concepts concerning personal financial decisions and career exploration.

 

The culmination of the program is a visit to the Finance Park site. There, students compute their actual net monthly income to create a realistic budget. The simulation area is divided into separate areas dealing with various aspects of personal financial responsibility. At each area, students gather information as consumers, determine what expenditure options they can afford, and pay their bills.

 

These on-site activities allow students to apply the personal finance and economics concepts and skills learned in the classroom. More importantly, this experience leaves students with a deeper understanding of personal economic issues from which they can draw the rest of their lives.

 

 

 

 

 

 

 

 

 

 

 

 

Finance Park contains numerous lessons that will assist teachers and students in achieving the eighth-grade academic standards listed below.

 

Indiana Academic Standards

JA Finance Park Curriculum

 

ENGLISH/LANGUAGE ARTS

 

1.      READING: Word Recognition, Fluency, and Vocabulary Development

Students use their knowledge of word parts and word relationships, as well as context clues (the meaning of the text around a word), to determine the meaning of specialized vocabulary and to understand the precise meaning of grade-level-appropriate words.

 

 

Vocabulary and Concept Development

 

8.1.3 Verify the meaning of a word in its context, even when its meaning is not directly stated, through the use of definition, restatement, example, comparison, or contrast.

 

 

 

 

Students learn vocabulary and concepts throughout the curriculum.

 

 

2.      READING: Comprehension (Focus on Informational Materials)

Students read and understand grade-level-appropriate material. They describe and connect the essential ideas, arguments, and perspectives of the text by using their knowledge of text structure, organization, and purpose. The selections in the Indiana Reading List illustrate the quality and complexity of the materials to be read by students. At Grade 8, in addition to regular classroom reading, students read a variety of narrative (story) and expository (informational and technical) texts, including classic and contemporary literature, poetry, magazines, newspapers, reference materials, and online information.

 

 

Structural Features of Informational and Technical Materials

 

8.2.1 Compare and contrast the features and elements of consumer materials to gain meaning from documents.

 

 

 

 

 

 

 

 

 

Unit 3 – Budgeting

1.      Lesson 1

Unit 4 – Preparing for JA Finance Park

1.      Lesson 1

Unit 5 – The Visit

Unit 7 – Career Goals

1.      Lesson 2

 

 

 

Comprehension and Analysis of Grade-Level-Appropriate Text

 

8.2.5 Use information from a variety of consumer and public documents to explain a situation or decision and to solve a problem.

 

 

 

 

Unit 1 – Financial Institutions

1.      Lesson 5 (optional)

Unit 3 – Budgeting

2.      Lesson 1

Unit 4 – Preparing for JA Finance Park

2.      Lesson 1

3.      Lesson 2

Unit 5 – The Visit

Unit 7 – Career Goals

2.      Lesson 2

 

 

4. WRITING: Process

Students discuss, list, and graphically organize writing ideas. They write clear, coherent, and focused essays. Students progress through the stages of the writing process and proofread, edit, and revise writing.

 

 

Organization and Focus

 

8.4.2 Create compositions that have a clear message, a coherent thesis (a statement of position on the topic), and end with a clear and well-supported conclusion.

 

 

 

 

 

8.4.3 Support theses or conclusions with analogies (comparisons), paraphrases, quotations, opinions from experts, and similar devices.

.

 

 

 

Unit 1 – Financial Institutions

1.      Lesson 4 (optional)

2.      Lesson 5

Unit 6 – After the Visit

1.      Lesson 1

Unit 7 – Career Goals

2.      Lesson 2

 

 

Unit 1 – Financial Institutions

3.      Lesson 4 (optional)

4.      Lesson 5

Unit 6 – After the Visit

3.      Lesson 1

Unit 7 – Career Goals

4.      Lesson 2

 

 

Research and Technology

 

8.4.4 Plan and conduct multiple-step information searches by using computer networks.

 

 

 

 

 

 

8.4.5 Achieve an effective balance between researched information and original ideas.

 

 

 

 

 

 

8.4.6 Use a computer to create documents by using word processing skills and publishing programs; develop simple databases and spreadsheets to manage information and prepare reports.

 

 

 

 

Unit 1 – Financial Institutions

5.      Lesson 5 (optional)

Unit 2 – Taxes and My Salary

1.      Lesson 1 (optional)

Unit 3 – Budgeting

1.      Lesson 1

Unit 7 – Career Goals

1.      Lesson 2

 

Unit 1 – Financial Institutions

6.      Lesson 5 (optional)

Unit 3 – Budgeting

2.      Lesson 1

Unit 5 – The Visit

Unit 7 – Career Goals

2.      Lesson 1

 

Unit 1 – Financial Institutions

7.      Lesson 5 (optional)

 

 

Evaluation and Revision

 

8.4.7 Review, evaluate, and revise writing for meaning and clarity.

 

 

 

 

 

 

 

1.                                                                  Edit and proofread one’s own writing, as well as that of others, using an editing checklist or set of rules, with specific examples of corrections of frequent errors.

 

 

 

 

 

Unit 1 – Financial Institutions

8.      Lesson 1

Unit 2 – Taxes and My Salary

2.      Lesson 2

Unit 6 – After the Visit

3.      Lesson 1

Unit 7 – Career Goals

4.      Lesson 2

 

Unit 6 – After the Visit

5.      Lesson 1

 

 

 

 

6.       

 

 

8.4.9     Revise writing for word choice; appropriate organization; consistent point of view; and transitions among paragraphs, passages, and ideas.

 

Unit 6 – After the Visit

7.      Lesson 1

 

 

5. WRITING: Applications (Different Types of Writing and Their Characteristics)

At Grade 8, students continue to write narrative (story), expository (informational), persuasive, and descriptive essays of at least 750 to 1,000 words. Students are introduced to writing technical documents. Student writing demonstrates a command of Standard English and the research, organizational, and drafting strategies outlined in Standard 4 – Writing Process. Writing demonstrates an awareness of the audience (intended reader) and purpose for writing.

 

 

8.5.1 Write biographies, autobiographies, and short stories that:

1.      tell about an incident, event, or situation by using well-chosen details.

2.      reveal the significance of, or the writer’s attitude about, the subject.

3.      use narrative and descriptive strategies, including relevant dialogue, specific action, physical description, background description, and comparison or contrast of characters.

 

8.5.3 Write research reports that:

1.      define a thesis (a statement of position on the topic).

2.      include important ideas, concepts, and direct quotations from significant information sources, including print reference materials and the Internet, and paraphrase and summarize all perspectives on the topic, as appropriate.

3.      use a variety of primary and secondary sources and distinguish the nature and value of each.

4.      organize and display information on charts, tables, maps, and graphs.

5.      document sources with reference notes and a bibliography.

 

 

 

1.                  Write persuasive compositions that:

1.      include a well-defined thesis that makes a clear and knowledgeable appeal.

2.      present detailed evidence, examples, and reasoning to support effective arguments and emotional appeals.

3.      provide details, reasons, and examples, arranging them effectively by anticipating and answering reader concerns and counter-arguments.

 

8.5.6  Write using precise word choices to make writing interesting and exact.

 

8.5.7  Write for different purposes and to a specific audience or person, adjusting tone and style as necessary.

 

 

 

Unit 1 – Financial Institutions

1.      Lesson 4 (optional)

2.      Lesson 5

Unit 6 – After the Visit

8.      Lesson 1

 

 

 

 

 

 

 

Unit 1 – Financial Institutions

3.      Lesson 5 (optional)

Unit 7 – Career Goals

9.      Lesson 2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unit 7 – Career Goals

10.  Lesson 2

 

 

 

 

 

 

 

 

 

All writing should adhere to this standard.

 

 

Unit 1 – Financial Institutions

4.      Lesson 1

5.      Lesson 5

Unit 2 – Taxes and My Salary

3.      Lesson 1 (optional)

4.      Lesson 2

Unit 3 – Budgeting

3.      Lesson 1

Unit 6 – After the Visit

11.  Lesson 1

Unit 7 – Career Goals

12.  Lesson 2

13.   

 

6. WRITING: English Language Conventions

Students write using Standard English conventions appropriate to this grade level

 

 

Sentence Structure

 

8.6.1 Use correct and varied sentence types (simple, compound, complex, and compound-complex) and sentence openings to present a lively and effective personal style.

 

8.6.2 Identify and use parallelism (use consistent elements of grammar when compiling a list) in all writing to present items in a series and items juxtaposed for emphasis.

 

8.6.3 Use subordination, coordination, noun phrases that function as adjectives and other devices to indicate clearly the relationship between ideas.

 

Grammar

8.6.4 Edit written manuscripts to ensure that correct grammar is used.

Punctuation

8.6.5 Use correct punctuation.

Capitalization

8.6.6 Use correct capitalization.

Spelling

8.6.7 Use correct spelling conventions.

 

 

 

All student writing should adhere to these standards (8.6.1-8.6.7).

 

7. LISTENING AND SPEAKING:  Skills, Strategies, and Applications

Students deliver focused, coherent presentations that convey ideas clearly and relate to the background and interests of the audience. They evaluate the content of oral communication. Students deliver well-organized formal presentations using traditional speech strategies, including narration, exposition, persuasion, and description. Students use the same Standard English conventions for oral speech that they use in their writing.

 

Organization and Delivery of Oral Communication

 

1.Match the message, vocabulary, voice modulation (changes in tone), expression, and tone to the audience and purpose.

 

 

 

 

 

 

 

 

 

 

 

1.                  Use appropriate grammar, word choice, enunciation (clear speech), and pace (timing) during formal presentations.

 

 

 

 

 

 

 

 

 

 

2.                                                                  Use audience feedback, including both verbal and nonverbal cues, to reconsider and modify the organizational structure and/or to arrange words and sentences for clarification of meaning.

 

 

 

 

 

Unit 1 – Financial Institutions

6.      Lesson 1

7.      Lesson 4

Unit 2 – Taxes and My Salary

1.      Lesson 1 (optional)

2.      Lesson 2

Unit 3 – Budgeting

1.      Lesson 1

Unit 4 – Preparing for JA Finance Park

4.      Lesson 1

5.      Lesson 2

Unit 5 – The Visit

Unit 7 – Career Goals

14.  Lesson 2

 

Unit 1 – Financial Institutions

8.      Lesson 1

Unit 2 – Taxes and My Salary

3.      Lesson 1 (optional)

4.      Lesson 2

Unit 3 – Budgeting

2.      Lesson 1

Unit 4 – Preparing for JA Finance Park

1.      Lesson 1

2.      Lesson 2

Unit 5 – The Visit

Unit 7 – Career Goals

15.  Lesson 2

 

Unit 4 – Preparing for JA Finance Park

3.      Lesson 2

 

 

Speaking Applications

 

1.                  Deliver research presentations that:

16.  define a thesis (a position on the topic).

17.  research important ideas, concepts, and direct quotations from significant information sources.

18.  use a variety of  research sources and distinguish the nature and value of each.

19.  present information on charts, maps, and graphs.

 

2.                                                                  Deliver persuasive presentations that:

1.      include a well-defined thesis (position on the topic).

2.      differentiate fact from opinion and support arguments with detailed evidence, examples, reasoning, and persuasive language.

3.      anticipate and effectively answer listener concerns and counter-arguments through the inclusion and arrangement of details, reasons, examples, and other elements.

4.      maintain a reasonable tone.

 

 

 

Unit 2 – Taxes and My Salary

5.      Lesson 1 (optional)

6.      Lesson 2

Unit 3 – Budgeting

3.      Lesson 1

Unit 4 – Preparing for JA Finance Park

4.      Lesson 1

Unit 5 – The Visit

Unit 7 – Career Goals

20.  Lesson 2

 

Unit 4 – Preparing for JA Finance Park

5.      Lesson 2

Unit 5 – The Visit

 

 

 

MATHEMATICS

 

2.  COMPUTATION

 

Students compute with rational numbers expressed in a variety of forms. They solve problems involving ratios, proportions, and percentages.

 

 

8.2.1 Add, subtract, multiply and divide rational numbers (integers, fractions, and terminating decimals) in multi-step problems.

 

 

 

 

 

 

 

 

 

 

 

8.2.2 Solve problems by computing simple and compound interest.

 

 

 

 

 

1.                                                                  Use estimation techniques to decide whether answers to computations on a calculator are reasonable.

 

 

 

 

 

 

 

 

2.                                                                  Use mental arithmetic to compute with common fractions, decimals, powers, and percents..

 

 

 

Unit 1 – Financial Institutions

21.  Pre- & Posttest

9.      Lesson 5

10.  Lesson 6

Unit 2 – Taxes and My Salary

7.      Lesson 1

8.      Lesson 2

Unit 3 – Budgeting

4.      Lesson 1

Unit 4 – Preparing for JA Finance Park

6.      Lesson 1

Unit 5 – The Visit

Unit 7 – Career Goals

22.  Lesson 1

 

Unit 1 – Financial Institutions

11.  Lesson 5

12.  Lesson 6

Unit 4 – Preparing for JA Finance Park

7.      Lesson 1

Unit 5 – The Visit

 

Unit 1 – Financial Institutions

13.  Lesson 5

14.  Lesson 6

Unit 2 – Taxes and My Salary

9.      Lesson 1

Unit 3 – Budgeting

5.      Lesson 2

Unit 4 – Preparing for JA Finance Park

8.      Lesson 1

Unit 5 – The Visit

 

Unit 1 – Financial Institutions

15.  Pre- & Posttest Lesson 5

16.  Lesson 6

Unit 2 – Taxes and My Salary

10.  Lesson 1

11.  Lesson 2

Unit 3 – Budgeting

6.      Lesson 2

Unit 4 – Preparing for JA Finance Park

9.      Lesson 1

Unit 5 – The Visit

 

 

7.  PROBLEM SOLVING

 

 

Students make decisions about how to approach problems and communicate their ideas.

 

1.                                                                  Analyze problems by identifying relationships, telling relevant from irrelevant information, identifying missing information, sequencing and prioritizing information, and observing patterns.

 

 

 

Students use strategies, skills, and concepts in finding and communicating solutions to problems.

 

1.                                                                   Apply strategies and results from simpler problems to solve more complex problems.

 

 

 

 

 

8.7.6    Express solutions clearly and logically by using the appropriate mathematical terms and notation. Support solutions with evidence in both verbal and symbolic work.

 

 

 

 

3.                                                                Recognize the relative advantages of exact and approximate solutions to problems and give answers to a specified degree of accuracy.

 

 

 

 

 

 

1.                                                                  Make precise calculations and check the validity of the results in the context of the problem.

 

 

 

 

 

 

Unit 1 – Financial Institutions

17.  Pre- & Posttest Lesson 4

18.  Lesson 5

19.  Lesson 6

Unit 3 – Budgeting

7.      Lesson 2

Unit 4 – Preparing for JA Finance Park

10.  Lesson 1

Unit 5 – The Visit

 

 

 

Unit 1 – Financial Institutions

20.  Lesson 6

Unit 3 – Budgeting

8.      Lesson 2

Unit 4 – Preparing for JA Finance Park

11.  Lesson 1

Unit 5 – The Visit

 

Unit 1 – Financial Institutions

21.  Pre- & Posttest Lesson 6

Unit 2 – Taxes and My Salary

12.  Lesson 1

13.  Lesson 2

Unit 4 – Preparing for JA Finance Park

12.  Lesson 1

Unit 5 – The Visit

 

Unit 1 – Financial Institutions

22.  Pre- & Posttest Lesson 6

Unit 2 – Taxes and My Salary

14.  Lesson 1

Unit 3 – Budgeting

9.      Lesson 2

Unit 4 – Preparing for JA Finance Park

13.  Lesson 1

Unit 5 – The Visit

 

Unit 1 – Financial Institutions

23.  Pre- & Posttest Lesson 6

Unit 2 – Taxes and My Salary

15.  Lesson 1

16.  Lesson 2

Unit 3 – Budgeting

10.  Lesson 2

Unit 4 – Preparing for JA Finance Park

14.  Lesson 1

Unit 5 – The Visit

 

 

 

SOCIAL STUDIES

 

2.   CIVICS AND GOVERNMENT

 

Students will explain the major principles, values, and institutions of constitutional government and citizenship, which are based on the founding documents of the United States.

 

Foundations of Government

 

1.                                                            Identify and explain the relationship between rights and responsibilities of citizenship in the United States.

 

8.2.4  Define and explain the importance of individual and civic responsibilities.

 

 

Unit 2 – Taxes and My Salary

17.  Lesson 1

18.  Lesson 2

 

Unit 1 – Financial Institutions

24.  Lesson 2

25.  Lesson 3

26.  Lesson 4

27.  Lesson 5

28.  Lesson 6

Unit 2 – Taxes and My Salary

19.  Lesson 1

20.  Lesson 2

Unit 3 – Budgeting

11.  Lesson 1

12.  Lesson 2

Unit 4 – Preparing for JA Finance Park

15.  Lesson 1

16.  Lesson 2

17.  Lesson 3

Unit 5 – The Visit

Unit 7 – Career Goals

23.  Lesson 1

24.  Lesson 2

 

 

Functions of Government

 

8.2.9  Examine functions of the national government in the lives of people, including purchasing and distributing public goods and services, financing government through taxation, conducting foreign policy, and providing a common defense.

 

 

 

Unit 1 – Financial Institutions

Pre- & Posttest

Unit 2 – Taxes and My Salary

21.  Lesson 1

22.  Lesson 2

Unit 5 – The Visit

 

 

Roles of Citizens

 

 8.2.10  Explain the importance in a democratic republic of responsible participation by citizens in voluntary civil associations/non-governmental organizations that comprise civil society.

 

 

8.2.13  Research and defend positions on issues in which fundamental values and principles related to the Constitution of the United States are in conflict, using a variety of information resources.

 

 

Unit 2 – Taxes and My Salary

23.  Lesson 1

Unit 4 – Preparing for JA Finance Park

18.  Lesson 1

19.  Lesson 2