National data — wages and growth are not published by state for this view.
Course · AL
Business and Consumer Mathematics
Career and Technical Education, Alabama State Department of Education (ALSDE)
Median earnings
—
Cost
—
Duration
—
Completion
—
Business and Consumer Mathematics is designed to build upon previous knowledge and skills to solve a variety of arithmetic problems that are commonly found in personal and business financial situations. Students develop the skills necessary to solve mathematical problems, analyze and interpret data, and use data to make sound decisions in business and personal financial situations. Topics include taxation, savings and investments, credit management, cash management, and financial statements.
Participate in a Career and Technical Student Organization (CTSO) to increase knowledge and skills and to enhance leaderDiscuss and demonstrate ways to value diversityAssess the costs associated with making major purchasesResearch terms and conditions for at least two major credit cardsDetermine the impact of credit ratings on the cost of goods and services purchased on creditInterpret different types of discounts and their effects on personal and business expensesAssess and calculate markup or markdownAnalyze business data to discover trends for strategic decision-makingDisplay business data in tables, charts, graphs, and infographicsCreate an individual payroll and earnings record for a salaried and an hourly workerDescribe and calculate federal and state taxes associated with employee payrollExamine rates, amount of interest, and proceeds of bank discounts for various loansExplain maturity value and find the maturity value of a loanExplain investment terms including risk, yields, price to earnings (P/E) ratio, and rate of returnDescribe and prepare federal tax documents for varying household typesDiscuss and calculate property taxes based on local percentages and guidelines including assessed valuesOutline the historical progression of banking institutions and how changes affected customers’ costs for servicesComplete routine banking procedures to manage finances efficientlyDescribe features, advantages, and disadvantages of mobile and online bankingIdentify and compare types of insurance and compute the costs and benefits of selected plansDiscuss the terms ratio and proportion and explain how they are used for calculations in different business situationsCompare and contrast the straight-line method, declining balance method, sum of the years digits methodTabulate costs associated with inventory to support business productivityCalculate and assess future costs of operation