Standards : New York

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Content Area: Social Studies Grade: elementary

Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students know some ways individuals and groups attempt to satisfy their basic needs and wants by utilizing scarce resources.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students explain how peopleÕs wants exceed their limited resources and that this condition defines scarcity.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students know that scarcity requires individuals to make choices and that these choices involve costs.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students study about how the availability and distribution of resources is important to a nationÕs economic growth.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students understand how societies organize their economies to answer three fundamental economic questions: What goods and services shall be produced and in what quantities ? How shall goods and services be produced? For whom shall goods and services be produced?

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students investigate how production, distribution, exchange, and consumption of goods and services are economic decisions with which all societies and nations must deal.

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Content Area: Social Studies Grade: Intermediate

Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students explain how societies and nations attempt to satisfy their basic needs and wants by utilizing scarce capital, natural, and human resources.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students define basic economic concepts such as scarcity, supply and demand, markets, opportunity costs, resources, productivity, economic growth, and systems.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students understand how scarcity requires people and nations to make choices which involve costs and future considerations.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students understand how people in the United States and throughout the world are both producers and consumers of goods and services.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students investigate how people in the United States and throughout the world answer the three fundamental economic questions and solve basic economic problems.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students describe how traditional, command, market, and mixed economies answer the three fundamental economic questions.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students explain how nations throughout the world have joined with one another to promote economic development and growth.

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Content Area: Social Studies Grade: Commencement

Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students analyze the effectiveness of varying ways societies, nations, and regions of the world attempt to satisfy their basic needs and wants by utilizing scarce resources.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students define and apply basic economic concepts such as scarcity, supply/demand, opportunity costs, production, resources, money and banking, economic growth, markets, costs, competition, and world economic systems.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students understand the nature of scarcity and how nations of the world make choices which involve economic and social costs and benefits.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students describe the ideals, principles, structure, practices, accomplishments, and problems related to the United States economic system.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students compare and contrast the United States economic system with other national economic systems, focusing on the three fundamental economic questions.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students explain how economic decision making has become global as a result of an interdependent world economy.

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Standard: 4

• Standard 4 - Economics
  • The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.
    • Students understand the roles in the economic system of consumers, producers, workers, investors, and voters.

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