North Carolina
9th-12th Grade
State Standards
Look below to see how Banzai's courses, worksheets, activities, and games align with the Standards for Economics and Personal Finance for 9th-12th Grade. Note, any one activity listed will satisfy the associated competency.
North Carolina Economics and Personal Finance (EPF) Standards – 2021
E: Economics
EPF.E.1: Understand economies, markets, and the role economic factors play in making economic decisions.
Standard
Defined by Standards for Economics and Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
EPF.E.1.1: Compare how individuals and governments utilize scarce resources in traditional, command, market, and mixed economies.
Under Development
EPF.E.1.2: Distinguish market structures in terms of economic characteristics and the roles they play in decision-making and opportunity costs.
Under Development
EPF.E.1.3: Explain how supply and demand determine equilibrium price and quantity produced.
Under Development
EPF.E.1.4: Compare the ways in which incentives and profits influence what is produced and distributed in a market system.
EPF.E.2: Analyze the role of government and economic institutions in developing and implementing economic stabilization policies in the U.S.
Standard
Defined by Standards for Economics and Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
EPF.E.2.1: Summarize basic macroeconomic indicators and how they vary over the course of a business cycle.
EPF.E.2.2: Summarize basic microeconomic indicators and how they vary over the course of a business cycle.
Under Development
EPF.E.2.3: Explain how fiscal policy and monetary policy influence overall levels of employment, interest rates, production, price level, and economic growth.
Under Development
EPF.E.2.4: Differentiate organizations in terms of their roles and functions in the United States economy.
Under Development
EPF.E.3: Understand the role of government in a market economy.
Standard
Defined by Standards for Economics and Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
EPF.E.3.1: Identify the role the government plays in providing a legal structure to protect property rights and enforce contracts.
Under Development
EPF.E.3.2: Explain how government regulation impacts market activity.
Under Development
EPF.E.3.3: Explain how taxes and fees fund government goods and services.
EPF.E.4: Understand factors of economic interdependence and their impact on nations.
Standard
Defined by Standards for Economics and Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
EPF.E.4.1: Explain the impact of trade on the interdependence between nations.
Under Development
EPF.E.4.2: Explain how North Carolina contributes to and benefits from the United States and world economies.
Under Development
IE: Income and Education
EPF.IE.1: Analyze the relationship between education, income, career, and desired lifestyle.
Standard
Defined by Standards for Economics and Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
EPF.IE.1.1: Explain how education, income, career, and life choices impact an individual's financial plan and goals.
EPF.IE.1.2: Differentiate career and education options after high school in terms of desired lifestyle.
EPF.IE.1.3: Identify the costs of postsecondary education and the potential increase in income from a career of choice.
EPF.IE.1.4: Compare strategies which can minimize the costs of postsecondary education.
EPF.IE.1.5: Summarize various types of income.
EPF.IE.2: Understand the purpose and function of taxes and the impact on income.
Standard
Defined by Standards for Economics and Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
EPF.IE.2.1: Explain how payroll deductions modify an employee's disposable income.
EPF.IE.2.2: Identify the types and purposes of local, state, and federal taxes and the way each is levied and used.
EPF.IE.2.3: Implement appropriate computations and procedures to prepare a federal or state tax form.
MCM: Money and Credit Management
EPF.MCM.1: Understand money management skills and strategies.
Standard
Defined by Standards for Economics and Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
EPF.MCM.1.1: Explain how fiscally responsible individuals create and manage a spending plan.
EPF.MCM.1.2: Critique income and spending plans in terms of age, individual needs, and available resources.
EPF.MCM.1.3: Compare the costs and benefits of renting, leasing, or owning.
EPF.MCM.1.4: Compare various types of mortgages.
EPF.MCM.2: Understand the purposes and services of financial institutions.
Standard
Defined by Standards for Economics and Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
EPF.MCM.2.1: Design a plan that uses the services of various financial institutions to meet financial goals.
EPF.MCM.2.2: Explain how interest and fees impact spending, debt, and savings.
EPF.MCM.2.3: Compare costs and benefits of cash, debit, payment applications, and credit card transactions in terms of interest rates, fees, penalties, costs, and benefits.
EPF.MCM.3: Understand the concepts and factors that enable individuals to make informed financial decisions for effective resource planning and money management.
Standard
Defined by Standards for Economics and Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
EPF.MCM.3.1: Compare credit sources and services.
EPF.MCM.3.2: Explain how debt management and creditworthiness impact an individual's ability to become a responsible consumer and borrower.
EPF.MCM.3.3: Summarize the advantages and disadvantages of debt.
EPF.MCM.3.4: Classify the various types of insurance and estate planning including the benefits and consequences.
FP: Financial Planning
EPF.FP.1: Understand the value and planning processes associated with saving and investing.
Standard
Defined by Standards for Economics and Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
EPF.FP.1.1: Compare various investing strategies and tax implications for their potential to build wealth.
EPF.FP.1.2: Identify factors (i.e. income, budget, cost of living, experiences) that influence financial planning.
EPF.FP.1.3: Summarize the role of philanthropy, volunteer services, businesses, and nonprofits in community development and quality of life.
Under Development
CC: Critical Consumerism
EPF.CC.1: Understand factors associated with consumer decision making.
Standard
Defined by Standards for Economics and Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
EPF.CC.1.1: Explain how advertising, social media, and business practices impact consumer decisions.
EPF.CC.1.2: Identify information, reviews, and reports consumers use to make financial decisions.
EPF.CC.1.3: Explain how consumer-driven decisions impact the economy.
Under Development
EPF.CC.2: Understand the rights and responsibilities of buyers and sellers under consumer protection laws.
Standard
Defined by Standards for Economics and Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
EPF.CC.2.1: Explain how consumer protection laws contribute to the empowerment of the individual.
Under Development
EPF.CC.2.2: Summarize various types of fraudulent solicitation and business practices.
EPF.CC.2.3: Summarize ways consumers can protect themselves from fraudulent and deceptive practices.