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 **BCPS Senior Economics/Budget Project** **(2010-2011)** This project meets the objectives established by the Virginia Board of Education as required by Senate Bill 950 passed in 2005 by the Virginia General Assembly. The objectives promote economic and financial literacy among Virginia students. For this project the new objectives are correlated to the current Virginia Standards of Learning for Government.

Due Date: See your government teacher
== LHS Library hours: Monday -Thursday the library is open till 4:30pm. On Fridays the library closes at 3:30pm. IF you want Mrs. Schatz, the librarian, to stay later, then YOU MUST discuss this with her AT LEAST 2 DAYS PRIOR to see if she is available to stay. ==

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 * To put some perspective and get your brain to thinking play this game:**
 * __ [|Spent] __ is an online game designed to teach players about the challenges of living on minimum wage (or slightly higher) employment. Players begin by selecting a job which will provide the wages they have to survive on for a month. Then throughout the game players are confronted with challenges that they have to handle by making an "either or" choice. After each choice the player's account balance is adjusted. In addition to the change in the player's balance sheet, each choice is followed by an explanation of consequence of the choice made.**

Objective
The Senior Economics/Budget Project is designed to assist students in considering their financial future. The project consists of various “real world” situations/decisions one will be faced with once entering the workforce. The student will create a budget that demonstrates what they feel is the best use of their income. Many of the activities require the student to research information and some even require them to go into various institutions to obtain applications. **You are required to show tangible evidence of your research!** This may include online sources, newspaper clippings, bill receipts, apartment applications, utility estimates, etc.

Basic Format:

 * Everything should be typed.
 * There should be a Title Page that lists the student’s name, name of school, class, class period, school year, and date turned in to your government teacher.
 * Each activity in the project is to be completed on a separate sheet of paper and then put into a booklet to be turned into the teacher for evaluation.
 * Each activity page should be numbered and correspond to the table of contents page (Table of Contents Required).
 * Budget balanced (no deficit spending)
 * Cite sources at the bottom of each activity page.

Activities
The student should describe each activity IN THEIR OWN WORDS. Do not assume the teacher will read through pamphlets or any other type of information provided. They should summarize important information in at least 1-2 paragraphs and prove comprehension of the material.

Books on reserve in the LHS Library:
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