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Lesson Plan

Econ Ed Link: Car Loan Project

Curated by ACT

This lesson takes students through the process of buying a car. A great real-life application that helps introduce students to all of the nuances associated with purchasing a car, such as interest rates, loan applications, and amortization.

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Concepts
buying a car, consumers, interest rates
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Additional Tags
amortization, car loan, consumer good, econedlink, production of goods, council for economic education, econedlink: car loan project, loan application
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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional