Interest rates, Analytical and Interest rates: teacher-led Students will be able to understand: saving, reasoning skills. discussion on the nature of what is meant by an interest rate borrowing, interest rates and how they will Quantitative skills the factors that influence the spending and affect savers and borrowers. calculating interest. different rates of interest investment Student activity identifying the how changes in interest rates affect likely effects on savers, consumers' decisions to save, borrowers and spenders of borrow or spend increases/decreases in the how changes in interest rates affect interest rate. producers' decisions to save, borrow or invest Student activity identifying the how to calculate interest on savings. likely effects on savers, borrowers and spenders of increases/decreases in the interest rate. Calculating interest on savings: teacher-led activity calculating the amount of interest accrued on various sums of money at various rates of interest. Government Subject specific Government revenue and Students will be able to understand: income and terminology. spending: teacher-led the main sources of UK government expenditure discussion on the main Group work skills. revenue sources of UK government the main areas of UK government revenue and spending. spending Taxation: teacher-led activity the difference between direct and on the different types of indirect taxation taxation. Students can be given examples of taxes and
Interest rates, saving, borrowing, spending and investment Analytical and reasoning skills. Quantitative skills calculating interest. Students will be able to understand: what is meant by an interest rate the factors that influence the different rates of interest how changes in interest rates affect consumers' decisions to save, borrow or spend how changes in interest rates affect producers' decisions to save, borrow or invest how to calculate interest on savings. Interest rates: teacher-led discussion on the nature of interest rates and how they will affect savers and borrowers. Student activity identifying the likely effects on savers, borrowers and spenders of increases/decreases in the interest rate. Student activity identifying the likely effects on savers, borrowers and spenders of increases/decreases in the interest rate. Calculating interest on savings: teacher-led activity calculating the amount of interest accrued on various sums of money at various rates of interest. Government income and expenditure Subject specific terminology. Group work skills. Students will be able to understand: the main sources of UK government revenue the main areas of UK government spending the difference between direct and indirect taxation Government revenue and spending: teacher-led discussion on the main sources of UK government revenue and spending. Taxation: teacher-led activity on the different types of taxation. Students can be given examples of taxes and
AQA-8136-SOW.DOCX