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Name: ____________________________Period:Economics Final Project TasksTask: For your final project, you will be creating a budget for your potential future. You’ll do this through research of your potential career, salary, potential residence, transportation, debt repayment and other such real-life expenses. You will place yourself in the future and searching for a job with your degree. You will create a portfolio of your future career with a career path investigation, resume, cover letter, monthly personal budget, credit card reflection and a personal cost of living reflection. This project will be performed in steps and will include:College Loan Payments: Look over the potential college options that we have presented to you, choose the option that you feel will provide you with best economic opportunity to generate the degree you will need to be able to obtain the job you wish to have once you graduate from college. Write a paragraph (10 sentences or more) explaining why you chose the option that you did. This MUST be typed!10 pointsJob Search:Now you graduated from college with a degree or vocational school with your certification, you will research your potential career and find a job that you would like to work in. Use job hunting sites to find this job. Once you have found that job, print off a copy of the posting and use that information and your notes to help you write a cover letter to your potential employer. Look to our webpages to see templates and notes on how to write a cover letter. Remember this is so your potential employer will get to know you and want to hire you. This MUST be typed! 15 PointsCredit Summary: Now you’ll be exploring credit cards. That entails finding information about the 3 major credit cards, using that information to determine where your credit debt will be and figuring out your potential payment. With that information about borrowing on credit, you will write a two paragraph reflection that demonstrates your knowledge of this subject. In your reflection tell us:What kind of credit history you would need to get these credit cards?What are the terms for these credit cards?Were there any incentives given by the credit card company to obtain their card?What would happen if you were late with your payments to these credit card companies?Why did you chose to go with the company you picked to deal with your debit?What was the potential monthly payment for your credit card debt?This must be typed! 15 PointsMonthly Personal Budget: Create a budget that encompasses all spending based on your yearly salary divided by 12. Follow the tasks given on your BUDGET worksheet in order to complete this section completely. 25 PointsSurvey your parents/guardians: Have a conversation with your parents/guardians regarding the personal monthly budget you created with theirs and from that conversation you will write a paragraph indicating similarities and differences between the two budgets. (Note: Parents do not have to disclose their monthly income. A comparison of monthly spending is what we are attempting to explore.) This must be typed! 5 PointsA One-Page Reflection that indicates what you have learned not only from the project but also from the Economics course overall. This must be typed! 20 PointsBudget Task Worksheets: While in the computer lab you will be given a packet with certain requirements to be filled in. This packet needs to be followed & filled in. This will be handed in with your other elements of this project.10 pointsAttendance – In class attendance during computer lab time. Working appropriately and on-task for the whole period. Every day in computer lab is worth 5 points. These grade will be averaged in to your quiz average.30 pointsThis project can be done during school time and all documents must be saved on 360 so you can remote access the material from home. The due dates are strictly for completion and all material will be handed in on June 4th, 2019We CANNOT allow for lateness. We MUST have your completed project by 2:25pm!Failure to complete these assignments on the due dates may result in a failing grade for MP and subsequently have you come in during Final Exam week to take a final exam. ................
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