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Apply Economic Theories

Rent or Buy? Status: Not Scheduled COMPETENCIES TO MASTER Can apply basic microeconomic theory and principles of finance to analyze basic consumer decisions Can analyze, evaluate and compare argumentative texts Can identify and summarize the main points of a text Can distinguish fact from opinion Can use calculator to perform a variety of functions Overview Is it better to rent or to buy? Making major financial decisions can be difficult when there are so many factors to consider. In this Project, you will read and analyze what others have to say about renting and buying. Then, you will carefully apply financial concepts to decide whether it makes more sense for you to rent or to buy a house. Directions You are moving to a new town – how exciting! But there’s still one question left to answer: will it be better to rent or to buy your home? Because this is such a big decision, you decide to do some research and calculations to help you decide. Fill out the Real Estate Worksheet to explore which option will work better for you. DELIVERABLES Completed Real Estate Worksheet Project Resources These are links to public external resources. Any comments or statements made on these public websites are not representative of College for America. Real Estate Worksheet This Worksheet will guide you through the analysis of the articles. VIEW ADD TO LIST Op-Ed: "Home Not-So-Sweet Home," by Paul Krugman, New York Times Read this article and summarize it using the Worksheet. VIEW ADD TO LIST Op-Ed: "Why Owning a Home Still Makes Sense," by Karl Case, Dallas News Read this article and summarize it using the Worksheet. VIEW ADD TO LIST Personal Finance Read these two chapters to better understand the financial aspect of home ownership. VIEW ADD TO LIST Renting Versus Buying a Home: Part 1 Watch this video to compare renting and buying a home. VIEW ADD TO LIST Renting Versus Buying a Home: Part 2 Watch this video to further compare renting and buying a home. VIEW ADD TO LIST Principles of Economics Read Chapters 1 and 3 of this textbook to help establish a foundation in microeconomic theories. VIEW ADD TO LIST Simple Supply and Demand Watch this short video on supply and demand. VIEW ADD TO LIST Supply and Demand Affects Rents Read this article and evaluate the relationship between supply and demand and rent. VIEW ADD TO LIST 10 Reasons to Buy Instead of Rent a Home: U.S. News & World Report Read this article and evaluate the argument in favor of buying a home. VIEW ADD TO LIST 6 Reasons to Rent: MSN Money Read this article and evaluate the argument in favor of renting a home. VIEW ADD TO LIST Identifying and Analyzing Arguments Watch this video on argument identification and analysis, and use these skills when reading the articles and chapters in this Project. VIEW ADD TO LIST Skill-Building Resources These are links to public external resources. Any comments or statements made on these public websites are not representative of College for America. Goal Question and Answer Sessions Read this document to learn how to join a live question and answer session about this Goal hosted by a College for America Goal Mentor. VIEW ADD TO LIST How to Draw in Microsoft Word This pictorial guide explains the basic drawing tools in Microsoft Word and Google Drive. VIEW ADD TO LIST Information Literacy Explore these modules to sharpen your information literacy skills. VIEW ADD TO LIST Summarizing This guide provides effective methods for summarizing, which will be helpful during this Project. VIEW ADD TO LIST Using the Memory Feature of a Calculator This guide explains some more advanced features of calculator use. VIEW ADD TO LIST Order of Operations Explore this lesson on the order of operations as you prepare to work on multistep equations. VIEW ADD TO LIST Using a Calculator This handy guide covers the basics of calculator use. VIEW ADD TO LIST CfA Citation Guide This resource helps to explain how citations should be used in CfA Projects including formatting guidelines and where to get help. VIEW ADD TO LIST
Rent or Buy? Status: Not Scheduled COMPETENCIES TO MASTER Can apply basic microeconomic theory and principles of finance to analyze basic consumer decisions Can analyze, evaluate and compare argumentative texts Can identify and summarize the main points of a text Can distinguish fact from opinion Can use calculator to perform a variety of functions Overview Is it better to rent or to buy?
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Assignment ID
31221
Discipline
CREATED ON
June 11, 2016
COMPLETED ON
June 12, 2016
Price
$40
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December 9, 2016
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