JA BizTown Teacher Training So What’s New? Training Objectives By the end of training, you will understand: • How JA BizTown lessons have changed. • How to effectively use the updated curriculum materials. • Changes and additions to the simulation visit. JA BizTown Curriculum Basics • Financial Literacy 4 class periods • Community and Economy 3 class periods • Work Readiness 2 class periods • Business Management 3 class periods • Simulation and Debrief Curriculum Guide Tabs • • • • • • • • • • Overview/Getting Started Financial Literacy Community and Economy Work Readiness JA BizTown Jobs Business Management BizPrep Visit and Debriefing Visit Information Volunteer Information Overview/Getting Started Overview (Pages 3-6) Program Goals, Experiential Learning, Economics Getting Started Materials (Pages 7-9) Lesson Format (Pages 10-16) Simulation Prep (Pages 17-20) Timeline and Checklist (Pages 20-23) Master List of Materials (Page 24) Timeline – Implementation Option 1 Timeline – Implementation Option 2 Lesson Format – Unit Overview Lesson Features Lesson Features Lesson Features Lesson Features Lesson Features Lesson Features Application/Extension Activities Financial Literacy • Four core lessons 5 lessons in the past • Order flexibility Before or after Community and Economy lessons • Electronic payments added Lesson One: Financial Institutions • What is the Same? Services offered by financial institutions Connecting money and accounts Banks in an Economy Poster Why Go To The Bank worksheet • What is New? Scavenger Hunt (revised Financial Services Ads) Financial ads updated Lesson One • Application Activities Banking Bingo – bank services (game in kit) Vocabulary Review – (in Citizen Guide) NEW • Extension Activities Choosing a Financial Institution - financial institution differences (in Citizen Guide) NEW Bank Teller Computations – money skills (practice)(Connections activity in past) Lesson Two: Checking Accounts • What is the same? Endorse a check Complete a deposit ticket Record transactions in a check register • What is new? Insufficient account balance consequences Check It Out! starts here Lesson Two • Application Activities Transaction Actions – deposit tickets/checkbook registers (in Citizen Guide) Paycheck Practice – endorsement/deposits (in Citizen Guide) NEW • Extension Activities Direct Deposit – (local JA Area option) Gordon’s Bounced Check – (in Citizen Guide) Lesson Three: Savings Accounts • What is the same? Check writing Benefits of saving Earning interest on savings • What is new? Saving and spending game Lesson Three • Application Activities $1 Million or Double the Pennies? (option for Getting Started) John’s Shopping Day – check writing/register (in Citizen Guide) Savings Plan – inquiry-based (Internet required) NEW • Extension Activities Rule of 72 Compound Interest NEW Lesson Four: Debit Cards • What is new? Debit card transactions Recording debit purchases in a check register Comparing various payment types Skill and vocabulary review Debit cards Lesson Four • Application Activities Venn Diagram (compare/contrast) NEW Let’s Go to the Bank (revised) • Extension Activities The Debit Card Transaction (in Citizen Guide) NEW Interest in Your Favor (Internet option)(in Citizen Guide) NEW Unit Summary • Check It Out! Continuous scenarios • Family Newsletter Citizen Guide page revised • Assessment Optional Not included in Citizen Guide • CCSS References • Vocabulary Community and Economy • Three core lessons Five lessons previously • Order flexibility Before or after Financial Literacy lessons • Circular flow Organizing construct Lesson One: Circular Flow of an Economy • What is the same? Citizen Pledge Circular Flow of an Economy • What is new? Lemonade Stand activity Check It Out! continues daily Lesson One • Application Activities Circular Flow Game (game cards in kit) My Business (in Citizen Guide) NEW • Extension Activities Discovering Character Traits NEW Code of Ethics NEW Lesson Two: Free Enterprise • What is the same? Production (prototype) activity Basic economic questions Lesson Two • Application Activities What is Free Enterprise? (in Citizen Guide) (homework option) REVISED Jim’s Popcorn Daydream (in Citizen Guide) NEW • Extension Activities Economic Freedoms Poster NEW Family Resources (money cards in kit) REVISED Lesson Three: Public Goods and Services • What is the same? Taxes Public vs. private goods Philanthropy • What is new? Paying Taxes Lesson Three • Application Activities Word Search Public and Private Goods and Services (in Citizen Guide) REVISED • Extension Activities Philanthropy NEW • Deleted Activities So Many Choices Citizen Game Unit Summary • Family Newsletter Citizen Guide page • Assessment Optional Not included in Citizen Guide • CCSS References • Vocabulary Work Readiness • Two core lessons Previously four lessons • Career exploration Interests/skills • JA BizTown Jobs Tab Local jobs Staffing model Lesson One: Interests and Skills • What is the same? Skills and interests inventory Career types Workplace behavior scenarios • What is new? STEM career match game Lesson One • Application Activities Career Types Education Pays Off (in Citizen Guide) NEW • Extension Activities Soft Skills – Teamwork Soft Skills – Problem Solving Lesson Two: Applying for a Job • What is the same? Job application Making the right impression Interview evaluation • What is new? Speed interviews Lesson Two • Application Activities Job Interviews (moved from Jobs Tab) Elections (moved from Jobs Tab) • Extension Activities Writing a Resume NEW Career Exploration NEW Unit Summary • Check It Out! Continues with each lesson • Family Newsletter Citizen Guide page revised • Assessment Optional Not included in Citizen Guide • CCSS References • Vocabulary JA BizTown Jobs Tab – What’s New? • • • • • Staffing Model Job Descriptions Employment Letter Job Assignments Classified Ads JA BizTown Staffing Model – What’s New JA BizTown Jobs – What’s New JA BizTown Jobs – Assignments • Fill positions based on group size • JA staff will specify priority for “between” group sizes • One student per line JA BizTown Jobs – Employment Business Management • Three core lessons Previously six lessons Focus is on visit prep • BizPrep Tab Shop Envelopes Budget Ads Lesson One: Business Costs • What’s the same? Payroll Budget – Operating costs • What’s new? Business Group CEO in charge Lesson One • Application Activities Customer Service (in Citizen Guide) NEW Ranking Criteria (in Citizen Guide) • Extension Activities Quality Task Committee (in Citizen Guide) BizBriefs (in Citizen Guide)(businesses in simulation) Lesson Two: Setting Prices • What’s the same? Which Price activity Setting a Selling Price activity Price Setting at a JA BizTown Business activity • What’s new? Which Price is Best? (revised) Lesson Two • Application Activities Wants and Needs NEW Business Costs and Profit (in Citizen Guide) NEW • Extension Activities History Connection – Inquiry-Based Lesson (Internet required) NEW Identity Theft NEW Lesson Three: Visit Preparation • What’s the Same? Business Costs Sheet Advertisements Philanthropy Pledge Checkbook Prep Friendly Letters Letter to the Editor Lesson Three • Application Activities Slogans and Logos REVISED Jingles NEW • Extension Activities Friendly Letters Letters to the Editor Student Checkbooks • Classroom preparation Name written on book and on checks and deposit tickets throughout Account number on checks and deposit tickets Student Checkbooks • Ready for first visit to the bank First deposit ticket ready o Payroll taxes have been deducted o Cash back maximum of $2.00 o Net deposit o Gross pay amounts: $9.00, $8.50, and $8.00 o Net pay amounts: $8.82, $8.33, and $7.84 Student Checkbooks • Deposit Ticket Caleb Lents 8 82 April 1 8 82 15 2 00 6 82 Caleb Lents 127 Student Checkbooks • First check and register transactions First check for savings o $1.50 – required for each student o Pay to the order of “Bank” o Memo: savings account Check Register o Beginning balance is $0 o Two entries – net deposit and savings o Show math Student Checkbooks • Check Register 4/1 Deposit 1 4/1 Bank 0.00 1 50 6 82 + 6 6 -1 5 82 82 50 32 Business Start-up • CFO begins working BizPrep Simulation Updates • Debit Cards Businesses accepting debit cards: STORE NAME1 STORE NAME2 Simulation Updates • STEM Jobs List jobs & businesses Paperwork Changes • Highlight change Reminders • Everyone brings a sack lunch No time to “go out” for lunch Teachers cover for volunteers when during breaks • Teachers responsible for medications • Schedule transportation ASAP Debriefing • One core lesson Previously two lessons Team meeting Quality business Review Debriefing • Application Activities Rank Your Business NEW BizQuiz (game cards in classroom kit) Fact Tag REVISED • Extension Activities Business Letter (in Citizen Guide) Teacher Resources • • • • Video – Introduce program Pre/Post-Test Posters Illustrations www.juniorachievement.org/web/programs Questions? Thank You! We’ll see you on simulation day – Be prepared for a day of fun!