Essential Questions for Consumer Education Unit 1, Economics and The Global Economy, Topical: How do economic systems contribute to the culture of consumers? Why is the study of supply & demand so important in economics? What role do both consumers and producers play in global business? How can consumers arm themselves to protect against scams, frauds and identity theft? Unit 1 Essential: What does it mean to be an educated consumer? Unit 2, Career Search Process, Essential: How do you make yourself a valuable candidate for a desired career? Unit 3, Money and Banking, Essential: Why is it important for consumers to open and maintain a checking account? Why do employees need to fill out tax forms each year? Unit 4, Investing and Saving Money, Essential: How do I select the best investments to maximize the earning potential of my income? What is the importance of protecting yourself from identity theft? Unit 5, Credit, Topical: What are credit options for consumers? How do I use consumer credit wisely? What is Credit and why should it be used responsibly? Unit 5 Essential: Is credit an asset or a hindrance to financial independence? Unit 6, Consumer Purchasing, Topical: What is the importance of conducting research and determining the affordability of housing and transportation? Unit 6 Essential: What determines value? Unit 7, Insurance, Topical: Why is it important for homeowners and renters to obtain an insurance policy to protect their property? Why is it important for consumers to be aware of the Health & Life insurance options available to them? What is the purpose of insurance? Unit 7 Essential: What should I control or what should I leave to chance?