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Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
Jay County High SchoolBusiness Curriculum Guide
BMTH 1 Math ConceptsGrades 9 – 12
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
BMTH 1.1 Content Standard: Students demonstrate the knowledge and skills necessary to determine the correct al-gebraic process to solve problems for a variety of business situations
Business Academic Standard
Literacy Embedded Standard
Mathematics Embedded Standard
Learning Activities Assessment(s)
BMTH 1.1.1 Reinforce basic math skills including percents, decimals, and fractions.
Review fundamental meth concepts:
Fraction, decimals, Integers, etc. Percents Order of operations
Review problem-solving techniques:
Keywords-relevant/irrelevant
Working backwards Restating the problem Drawing a picture/sketch Using guess and check Looking for a pattern Using estimation
Activities to include: Warm-up skill review
problems Story problems, percents
and decimals Student journal of
formulas
Teacher-created instruments:
Tests Quizzes Worksheet
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
Vocabulary word wall Terminology cards or
foldersCommunicating understanding:
Group/pair work Cooperative learning to
include the four steps: understand, plan, work, answer
Describe thought process used in solving problems
Justify a conclusion in a problem-solving situation
Write a reaction to today’s lesson (“Today I discovered…”)teacher/student created
BMTH 1.1.2 Select and use appropriate formulas to solve problems.
Evaluation of participation:
Oral answers Journal entries Written and
oral explanations of procedures used to solve problems
Board work
Self evaluation
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
Rubrics
BMTH 1.1.3 Construct and solve an equation for a given problemBMTH 1.1.4 Determine if a solution to an algebraic computation is reasonable.
Business Academic Standard
Literacy Embedded Standard
Mathematics Embedded Standard
Learning Activities Assessment(s)
BMTH 1.2.1 Demonstrate ability to take measurements and convert as needed.
Story problems Teacher created Student created
Review problem-solving techniques:
Keywords-relevant/
Teacher-created instruments:
Tests Quizzes Worksheets
Evaluation of participation:
Oral answers
BMTH 1.2 Content Standard: Students apply basic geometry principles to solve problems
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
irrelevant Working
backwards Restating the
problem Drawing a
picture/sketch Using guess and
check Looking for a
pattern Using
estimation
Activities: Vocabulary
word wall terminology cards or folders
Measure various objects
Design office layout
Design manufacturing floor plan
Determine product planning
Worksheets practicing area,
Journal entries Written and oral
explanations of procedures used to solve problems
Board workSelf-evaluation (written and oral)
Rubrics
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
volume, and perimeter
Introduce Pythagorean Theorem by making a right triangle given two sides
Students make scale drawings of areas of local businesses
Communicating understanding:
Group/pair work Cooperative
learning to include the four steps: understand, plan, work, answer
Describe thought process used in solving problems
Justify a conclusion in a problem-solving situation
Write a reaction
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
to today’s lesson (“Today I discovered…”)
Socratic Seminar
BMTH 1.2.2 Use for-mulas necessary for area, perimeter, cir-cumference, diame-ter, and volume.BMTH 1.2.3 Determine if a solution to a geometry computation is reasonable.
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
BMTH 1.3 Content Standard: Students analyze and interpret data using common probability and statistical procedures to solve problems for a variety of business situations.
Business Academic Standard
Literacy Embedded Standard
Mathematics Embedded Standard
Learning Activities Assessment(s)
BMTH 1.3.1 Construct, read, and interpret tables, charts, and graphs.
Story problems Teacher created student created
Review problem-solving techniques:
keywords-relevant/irrelevant
working backwards
restating the problem
drawing a picture/sketch
using guess and check
looking for a pattern
using
Teacher-created instruments:
Tests quizzes Worksheets
Evaluation of participation:
Oral answers Journal entries Written and oral
explanations of procedures used to solve problems
Board work
Self evaluation (written and oral)
Rubric
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
estimation
Activities: Mean, median,
mode using sports statistics, stock reports, etc.
spreadsheet software
vocabulary word wall
terminology cards or folders
Communicating understanding:
Group/pair work Cooperative
learning to include the four steps: understand, plan, work, answer
Describe thought process used in solving problems
Justify a conclusion in a
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
problem-solving situation
Write a reaction to today’s lesson (“Today I discovered…”)
Assign student surveys on relevant topics and construct frequency table of the results
Teacher directs students to collect data related to specific performance expectations.
BMTH 1.3.2 Use probability concepts to predict events.BMTH 1.3.3 Con-struct and interpret frequency distribu-tion.BMTH 1.3.4 Calculate measures of range and central tendency (e.g., mean,
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
median, mode)BMTH 1.3.5 Determine if a solution to probability and statistical computation is reasonable.
BMTH 2.1 Content Standard: Students apply math concepts to analyze and solve.
Business Academic Standard
Literacy Embedded Standard
Mathematics Embedded Standard
Learning Activities Assessment(s)
BMTH 2.1.1 Calculate equity
. Strategies to include: Lecture
Teacher-created instruments:
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
using the accounting equation.
Demonstration Board work Worksheets Reading and
discussing Pairs/groups
work Guest speakers Field trips Research
Solve problems relating to specific performance expectations
Incorporate real-life examples to determine if answer is reasonable
Students maintain a journal/notebook of formulas, industry appropriate terminology, and ethical standards.
Use financial statements to complete calculations
Tests Quizzes Worksheets
Teacher-designed criteria or checklist for journal
Observation of board work
Compare answers to problems in a group setting
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
Discuss advantages and disadvantages of different methods of depreciation
Use spreadsheet software to prepare depreciation schedule
BMTH 2.1.2 Calculate and plan for taxes including, sales, income, and property.BMTH 2.1.3 Calculate cost of goods sold, gross profit, operating expenses, and net profit.BMTH 2.1.4 Deter-mine cost of goods sold using different inventory valuation methods (e.g., LIFO, FIFO).BMTH 2.1.5 Calculate manufacturing costs and break-even point.BMTH 2.1.6 Calculate and plan for
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
a variety of expenses.BMTH 2.1.7 Calcu-late company or de-partment overhead based on various situ-ations (e.g., sales or floor space).BMTH 2.1.8 Calcu-late depreciation of assets using various methods (e.g., declin-ing-balance method, sum-of-the-years method).BMTH 2.1.9 Compare the costs of renting, leasing, or buying plant or current assets.BMTH 2.2 Content Standard: Students apply math concepts to analyze and solve problems related to payroll for business.
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
Business Academic Standard
Literacy Embedded Standard
Mathematics Embedded Standard
Learning Activities Assessment(s)
BMTH 2.2.1 Calculate and maintain employee payroll records.
Strategies to include: Lecture Demonstration Board work Worksheets Reading and
discussing Pairs/groups
work Guest speakers
Solve problems relating to specific performance expectations
Incorporate real-life examples to determine if answer is reasonable
Teacher-created instruments
Tests Quizzes Worksheets
Rubric for simulationChecklist for spreadsheets
Compare answers to problems in a group setting
Teacher-designed criteria or checklist for journal
Observation of board work
BMTH 2.2 Content Standard: Students apply math concepts to analyze and solve problems related to payroll for business.
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
Students maintain a journal/notebook of formulas, industry appropriate terminology, and ethical standards
Use a spreadsheet to create payroll records
Create a classroom company with a salary and wage budget
Use the Internet to research recruiting and job placement websites
Practice converting time to fractions/fractions to decimals
Using employment ads, students select jobs and compute net and gross pay
Use a spreadsheet to
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
calculate taxes and net pay
Create scenarios to compute straight time, overtime, piece work, and commission pay and write equations for the computations
BMTH 2.2.2 Calculate employee and employer taxes and prepare related reports.BMTH 2.2.3 Calculate fringe benefits and analyze their effect on the total wage packageBMTH 2.2.4 Analyze costs of recruiting, placing, and training employees.
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
BMTH 3.1 Content Standard: Students apply math concepts to analyze and solve problems related to banking ser-vices for business.
Business Academic Standard
Literacy Embedded Standard
Mathematics Embedded Standard
Learning Activities Assessment(s)
BMTH 3.1.1 Maintain checking account records (e.g. checks, check register, and deposit
. Strategies to include: Lecture Demonstration Board work Worksheets Reading and
discussing Pairs/groups
work Guest speakers Field trips
Solve problems relating to specific performance expectations
Incorporate real-life examples to determine if answer is reasonable
Students maintain a journal/notebook of formulas, industry
Teacher-created instruments such as:
Tests Quizzes Worksheets
Comparison of group results
Pairs/groups compare results
Observation
Scoring rubric for checks, registers, reconciliation statement, and checking account packet
Written test of concepts and terminology
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
appropriate terminology, and ethical standards
Practice writing checks, writing in check register, and reconciling the bank statement. Review the process of opening and maintaining an on-line banking account
BMTH 3.1.2 Reconcile the bank statement.BMTH 3.1.3 Compare and contrast different financial institutions and their services.
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
BMTH 3.2 Content Standard: Students apply math concepts to analyze and solve problems related to the principles of business finance.
Business Academic Standard
Literacy Embedded Standard
Mathematics Embedded Standard
Learning Activities Assessment(s)
BMTH 3.2.1 Calcu-late various types of interest, (e.g., simple, compound, variable, exact, or ordinary).
. Using financial software or amortization table, compute total interest paid and total financed price for given time periods.
Find I, R< T or P on Promissory Notes utilizing I=PRT formula.
Use compound interest tables to compute compound interest.
Performance assessment
Teacher observation
Product assessment
Teacher-created instruments such as:
Tests Quizzes Worksheets
BMTH 3.2.2 Calculate the costs associated with installment purchases.
Solve word problems involving interest rate, finance charge, monthly payment, and down payment
Use sales ads to
Teacher-created instruments such as:
Tests Quizzes Worksheets
Performance assessment
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
calculate difference in cash price and installment price
Teacher observation
Product assessment
BMTH 3.2.3 Compare cash price to installment price in order to make a purchasing decision.BMTH 3.2.4 Com-pute the monthly pay-ment, interest, and total amount required to amortize aloan (e.g. mortgage).
Using financial software or amortization table, compute total interest paid and total financed price for given time periods.
Find I, R< T or P on Promissory Notes utilizing I=PRT formula.
Use compound interest tables to compute compound interest
Use finance charge refund schedules to calculate savings on
Performance assessment
Teacher observation
Product assessment
Teacher-created instruments such as:
Tests Quizzes Worksheets
Rubric
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
early payoffs on loans. Justify the steps used to determine advantages of early payoffs
Create comparison table for different investment options
BMTH 3.2.5 Com-pare and contrast benefits and cost of long-term debt op-tions for promissorynotes and bondsBMTH 3.2.6 Com-pare and contrast benefits and costs of investment options (e.g. money markets, CD’s, stocks, bonds).BMTH 3.2.7 Understand and calculate present value and future value.BMTH 3.2.8 Determine the finance charges on credit card balances.
Discuss advantages and disadvantages of credit card ”special offers”
Teacher-created instruments such as:
Tests Quizzes
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
Students collect and bring to class credit offers and discuss; teacher leads discussion on Rule of 78 and precomputed interest
Students bring in brochures and credit applications from banks and retail stores; compare terms, conditions, fees
Equifax presentation
Teacher or guest speaker presentation on how to establish credit
Discuss the effect of deferred credit payment plans, such as “90-days Same as Cash,” “Free Financing for 1 Year,” etc., and the
Worksheets
Performance assessment
Teacher observation
Product assessment
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
consequences of not paying by the due date
Teacher discusses rent-to-own purchases
BMTH 3.2.9 Com-pare and contrast the advantages and dis-advantages of em-ployee creditcard use for business expenses.BMTH 3.2.10 Com-pare and contrast the advantages and dis-advantages of offer-ing credit tocustomers.
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
BMTH 4.1 Content Standard: Students apply math concepts to analyze and solve problems related to marketing principles for business.
Business Academic Standard
Literacy Embedded Standard
Mathematics Embedded Standard
Learning Activities Assessment(s)
BMTH 4.1.1 Compare and contrast expenses associated with various advertising mediums.
. Strategies to include: Lecture Demonstration Board work Worksheets Reading and
discussing Pairs/groups
work Guest speakers Field trips
Solve problems relating to specific performance expectations
Incorporate real-life examples to determine if answer is reasonable
Students maintain a journal/notebook of formulas, industry
Teacher-created instruments such as:
Tests Quizzes Worksheets
Students use computers to assess the accuracy of charts and tables
Self and/or peer evaluation (written and oral)
Projects related to performance expectations
Teacher-created checklists
In-class demonstrations
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
appropriate terminology, and ethical standards
BMTH 4.1.2 Com-pute extensions, subtotals, sales tax, and sales totals for a sales transactionBMTH 4.1.3 Compute markup or markdown.BMTH 4.1.4 Calculate and analyze different types of trade discounts.BMTH 4.1.5 Calculate the response rate and results of surveys.
Strategies to include: Lecture Demonstration Board work Worksheets Reading and
discussing Pairs/groups
work Guest speakers Field trips
Solve problems relating to specific
Teacher-created instruments such as:
Tests Quizzes Worksheets
Students use computers to assess the accuracy of charts and tables
Self and/or peer evaluation (written and oral)
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
performance expectations
Incorporate real-life examples to determine if answer is reasonable
Students maintain a journal/notebook of formulas, industry appropriate terminology, and ethical standards
Assign student surveys on relevant topics and construct frequency tables of the results
Use the following sources to gather data:
Local businesses Television Newspapers Magazines Annual reports
Activities related to data collection:
Construct charts, tables (including frequency
Projects related to performance expectations
Teacher-created checklists
In-class demonstrations
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
tables), and graphs by hand or using software
Write responses based on findings
Answer specific questions based on findings
Reproduce graphs and tables and discuss
Read and analyze teacher-provided graphs, charts, and tables
Integrate technology with spreadsheets, charts, and tables
Create PowerPoint presentation to summarize findings
BMTH 4.1.6 Analyze demographic
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
information to make sound marketing decisions.BMTH 4.1.7 Using trend data and forecasting models, calculate future sales.BMTH 4.1.8 Calculate and analyze market shareBMTH 4.1.9 Plan and design various displays for products with different size and shape require-ments.
Strategies to include: Lecture Demonstration Board work Worksheets Reading and
discussing Pairs/groups
work Guest speakers Field trips
Solve problems relating to specific performance expectations
Incorporate real-life examples to determine if answer is reasonable
Teacher-created instruments such as:
Tests Quizzes Worksheets
Students use computers to assess the accuracy of charts and tables
Self and/or peer evaluation (written and oral)
Projects related to performance expectations
Teacher-created checklists
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
Students maintain a journal/notebook of formulas, industry appropriate terminology, and ethical standards
Teacher directs students to collect data related to specific performance expectations
In-class demonstrations
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
BMTH 5.1 Content Standard: Students apply math concepts to analyze and solve problems related to management principles.
Business Academic Standard
Literacy Embedded Standard
Mathematics Embedded Standard
Learning Activities Assessment(s)
BMTH 5.1.1 Interpret financial statements to make sound managerial decisions
. Strategies to include: Lecture Demonstration Board work Worksheets Reading and
discussing Pairs/groups
work Guest speakers Field trips
Solve problems relating to specific performance expectations
Incorporate real-life examples to determine if answer is reasonable
Students maintain a journal/notebook of formulas, industry
Teacher-created instruments such as:
Tests Quizzes Worksheets
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
appropriate terminology, and ethical standards
BMTH 5.1.2 Create and analyze budgets.BMTH 5.1.3 Calculate inventory balances and stock reorder points.BMTH 5.1.4 Calculate necessary ratios to make sound managerial decisions.BMTH 5.1.5 Calculate the cost of full-time versus part-time employees.BMTH 5.1.6 Com-pare and contrast the different types and costs relating to in-surance (e.g. prop-erty, automobile, bonding).
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
BMTH 6.1 Content Standard: Students develop skills to create and present accurate and effective communication for specific business related purposes and audiences.
Business Academic Standard
Literacy Embedded Standard
Mathematics Embedded Standard
Learning Activities Assessment(s)
BMTH 6.1.1 Use clear and legible handwriting in all written work and communication.
. Write responses based on content topics:
Accounting, banking, finance, marketing, and management
Discuss the importance of using appropriate industry terminology
Communicating understanding:
Group/pair work Cooperative
learning to include the four steps: understand, plan, work, answer
Describe
Teacher-created instruments such as:
Tests Quizzes Worksheets
Rubric
Evaluation of participation:
Oral answers Journal entries Written and oral
explanations of procedures used to solve problems
Board work
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
thought process used in solving problems
Justify a conclusion in a problem-solving situation
Write a reaction to today’s lesson
Presentation Software
Spreadsheet Software
BMTH 6.1.2 Demonstrate active listening skills.BMTH 6.1.3 Use discussion skills to assume leadership and participant roles.BMTH 6.1.4 Use re-search, composition, and oral skills to present information for a variety of situa-tions utilizing appro-priate technology.BMTH 6.1.5 Work cooperatively with
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
peers and authority figures.BMTH 6.1.6 Use clear and concise writing skills to de-scribe, explain, and inform various audi-ences.BMTH 6.1.7 Follow and interpret direc-tions, graphs, charts and diagrams found in technical writing.BMTH 6.1.8 Use appropriate industry terminology.
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
Jay School Corporation Business Curriculum Guide – BMTH 1 Math Concepts
2012-2018
Business Academic Standard
Literacy Embedded Standard
Mathematics Embedded Standard
Learning Activities Assessment(s)
.