Cause & Effect: US 28104

This resource helps teachers deliver Personal Financial Management 28104 'Analyse the impact(s) of external factors on personal finances' (Level 3, 3 credits). Students will learn how local, national and global events can impact on personal finances. Events include interest rate changes, inflation, economic environment changes, societal or demographic trends, climatic change, political change, environmental issues, and legislation.

This resource is currently being updated ready for the start of term - broken links fixed and updated content. You can download now but please check you have the latest version before using it in the classroom.

Student learning

Through this unit, students will:

  • Understand how local, national and global events can impact on an individual’s personal finances
  • Articulate the short, medium and long term effects of such events.

Curriculum links

Personal Financial Management is a core generic domain on the New Zealand Qualifications Framework. This unit of work also has links to the Social Sciences and Mathematics and Statistics learning areas.

Cause & Effect: US 28104

  • Year 11-13
  • 25-30 hrs
  • Mathematics and Statistics
    Social Sciences
    Level 3 Financial Capability Unit Standard
  • Free to NZ schools
  • Led by teachers
    Training Available
Download overview

Students taking part will

  • Discuss a range of local, national and global events and examine their impacts on personal finances
  • Explain what they believe are the short, medium and long-term impacts of such events
  • Complete an open-book assessment discussing the impacts of a particular local, national and global event

For access to the detailed Teaching Guide and Student Assessment for this Unit Standard, please contact us at:

Download includes:

  • Activity: 28104 Student Workbook
  • Teaching guide: Using Financial Capability Unit Standards