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Commencement Key Ideas (links)
Standard 1 Standard 2 Standard 3 Standard 4 Standard 5

Standard 4:Economics Commencement

Students will use a variety of intellectual skills to demonstrate their understanding of how the United States and other societies develop economic systems and associated institutions to allocate scarce resources, how major decision-making units function in the U.S. and other national economies, and how an economy solves the scarcity problem through market and nonmarket mechanisms.

Key Idea 1:  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. Performance Indicators:This is evident when students

Key Idea 2:  Economics requires the development and application of the skills needed to make informed and well-reasoned economic decisions in daily and national life.  
Performance Indicators:  This is evident when students