Critical Thinking:
Students will analyze and evaluate the impact of cognitive biases on financial decisions.
They will pursue additional information and evidence to refine their understanding of financial literacy.
Responsibility:
Students will act with integrity by recognizing and mitigating cognitive biases in their financial decisions.
They will honor their obligation to make informed and ethical financial choices.
What are common cognitive biases, and how do they influence financial decisions?
How can identifying signs of cognitive bias improve financial literacy?
What steps can someone take to overcome cognitive biases in their financial decisions?
Critical Thinking:
Analyze case studies on financial decisions influenced by cognitive biases.
Evaluate and synthesize information from multiple sources.
Research:
Use various resources to gather information on cognitive biases and financial literacy.
Develop the skill of citing strong and thorough textual evidence.
Writing:
Write clear and concise arguments supporting claims about the impact of cognitive biases on financial decisions.
CCSS.ELA-LITERACY.RI.11-12.1: Use textual evidence to support analysis of financial literacy and cognitive biases.
CCSS.ELA-LITERACY.W.11-12.1: Write arguments about the impact of cognitive biases on financial decisions.
CCSS.MATH.CONTENT.HSN.Q.A.1: Apply quantitative reasoning to understand financial decisions and biases
Investopedia: Articles on financial literacy and cognitive biases.
Khan Academy: Lessons on personal finance and behavioral economics.
TED Talks: Talks like "Why we make bad decisions" by Dan Gilbert.
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