Economics 2007 Correlated to: Idaho Content Standards for grades 9-12 Economics

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1 GRADE 9-12 ECONOMICS Standard 1: History No goals or objectives in Economics. Standard 2: Geography No goals or objectives in Economics. Standard 3: Economics Goals: Goal 3.1: Explain basic economic concepts E Define scarcity and explain its implications in decision making. (510.01a) SE: 3-4, 6, 20, 21, 23-25, E Identify ways in which the interaction of all buyers and sellers influence prices. (510.01b) TE: 14, 478, 479 Folder: 7; Prentice Hall: Unit 1 Folder: 2, 3, 11 ROM: Chapter 1 Test; Prentice Hall: Transparency Resource Package: 1A; Prentice Hall: Companion SE: , , 146, 147, 154, 221, 222, 223, 312, 313, 363, 389, 391 Folder: 17; Prentice Hall: Lesson Plans Folder: 24, 25; Prentice Hall: Unit 2 Folder: 24-27, 30, 33, E Identify the incentives that determine what is produced and distributed in a competitive market system. (510.01d) ROM: Chapter 6 Test; Prentice Hall: Transparency Resource Package: 6A, 6B, 6H-6M; Prentice Hall: SE/TE: 13-18, 23, 24, 31, 79, 103, , , 423 Folder: ; Prentice Hall: Lesson Plans Folder: 16; Prentice Hall: Unit 1 Folder: 6, 7, 9, 10 1

2 Goal 3.2: Identify different influences on economic systems E Compare and contrast the characteristics of different economic systems. (510.01f) ROM: Chapter 1 Test; Prentice Hall: Transparency Resource Package: 1C, 1D; Prentice Hall: SE: 26-27, 28-33, 34-39, 40-44, 46, 47, 48, 49, Folder: 9, 10; Prentice Hall: Lesson Plans Folder: 11, 12, 13; Prentice Hall: Unit 1 Folder: ROM: Chapter 2 Test; Prentice Hall: Transparency Resource Package: 2C-2F; Prentice Hall: 9-12.E Explain and illustrate the impact of economic policies and decisions made by governments, business and individuals. (512.01b) SE: 54, 55, 57-60, 62-66, 67-70, 71, 72, , , 387, 388 Goal 3.3: Analyze the different types of economic institutions E Explain the characteristics of various types of business and market structures. (513.01a) Folder: 12; Prentice Hall: Lesson Plans Folder: 15, 16, 17; Prentice Hall: Unit 1 Folder: 28, 29, 30, 31, 32, 33, 35, 36, 38 ROM: Chapter 3 Test; Prentice Hall: Transparency Resource Package: 3D; Prentice Hall: Companion SE/TE: , , , , 185, 190, 195, 201 TR: Prentice Hall: Lesson Plans Folder: 27, 28, 29, 30; Prentice Hall: Unit 2 Folder: ROM: Chapter 7, 8 Test; Prentice Hall: Transparency Resource Package: 7A-7I; Prentice Hall: 2

3 9-12.E Describe the elements of entrepreneurship. (513.01b) SE/TE: 6, 89, 97, 138, 165, 186, 187, 188, 189, 208, 209, 257, 276, 317, 344 TECH: Presentation Pro CD-ROM; Prentice Hall: 9-12.E Identify the role of the financial markets and institutions. (513.01c) SE: , , , 294, 295, 510, 511 Folder: 27, 28; Prentice Hall: Lesson Plans Folder: 41, 42, 43; Prentice Hall: Unit 4 Folder: 13-22, 23 ROM: Chapter 11 Test; Prentice Hall: Transparency Resource Package: 11A-11E; Prentice Hall: Objective E Explain the purposes of labor unions. (513.01e) SE/TE: 204, 225, 226, , 236, 237 Folder: 24; Prentice Hall: Lesson Plans Folder: 37; Prentice Hall: Unit 3 Folder: 19, 20, 25 ROM: Chapter 9 Test; Prentice Hall: Transparency Resource Package: 9F; Prentice Hall: Companion Objective E Explain the difference between monetary policy and fiscal policy. SE/TE: , , , Folder: 35, 36, 38; Prentice Hall: Lesson Plans Folder: 54, 55, 59, 60; Prentice Hall: Unit 6 Folder: 15-18, 21, 24, 30-33, 35, 36, 38 ROM: Chapter 15,16 Test; Prentice Hall: Transparency Resource Package: 15A, 15B, 15C, 15D,16G, 16H; Objective E Analyze the various parts of the business cycle and its effect on the economy. SE/TE: 57, , 326, 327, 397, 433, 434, 435 3

4 Folder: 30; Prentice Hall: Lesson Plans Folder: 46; Prentice Hall: Unit 5 Folder: 6, 7, 9, 10 Goal 3.4: Explain the concepts of good personal finance E Examine and apply the elements of responsible personal fiscal management such as budgets, interest, investment, credit, and debt. (514.01a) 9-12.E Identify and evaluate sources and examples of consumers responsibilities and rights. (514.01b) ROM: Chapter 12 Test; Prentice Hall: Transparency Resource Package: 12D; Prentice Hall: SE/TE: , , TECH: Presentation Pro CD-ROM; Prentice Hall: SE: 32, 46, 53, 54, 55, 87, 204 TECH: Presentation Pro CD-ROM; Prentice Hall: 9-12.E Discuss the impact of taxation as applied to personal finances. (514.01c) SE/TE: , , 378, 382, 383, Standard 4: Civics and Government Goals: Folder: 33; Prentice Hall: Lesson Plans Folder: 50; Prentice Hall: Unit 6 Folder: 2, 3, 10, 14 ROM: Chapter 14 Test; Prentice Hall: Transparency Resource Package: 14A; Prentice Hall: Goal 4.1: Build an understanding of the foundational principles of the American political system. 4

5 9-12.E Explain the basic functions of government in a mixed economic system. (512.01c) 9-12.E Identify laws and policies adopted in the United States to regulate competition. (512.01c) Goal 4.2: Build an understanding of the organization and formation of the American system of government. SE: 54, 55, 57-60, 62-66, 67-70, 71, 72, 371, 372, 387, 388, 395, Folder: 12; Prentice Hall: Lesson Plans Folder: 15, 16, 17; Prentice Hall: Unit 1 Folder: 28, 29, 30, 31, 32, 33, 35, 36, 38 ROM: Chapter 3 Test; Prentice Hall: Transparency Resource Package: 3D; Prentice Hall: Companion SE/TE: Goal 4.5: Build an understanding of comparative government. Folder: 20; Prentice Hall: Lesson Plans Folder: 20; Prentice Hall: Unit 2 Folder: 41, 42, 44, 45 ROM: Chapter 7 Test; Prentice Hall: Transparency Resource Package: 7I; Prentice Hall: Companion Goal 4.3: Build an understanding that all people in the United States have rights and assume responsibilities. Goal 4.4: Build an understanding of the evolution of democracy. 5

6 Standard 5: Global Perspectives 9-12.E Describe the involvement of the United States in international economic organizations and treaties, such as GATT, NAFTA, and the WTO. (505.01b) Goals: Goal 5.1: Build an understanding of multiple perspectives and global interdependence. SE/TE: , , 465, 466, 467, 488, 495 Folder: 39; Prentice Hall: Lesson Plans Folder: 62; Prentice Hall: Unit 7 Folder: 4, 5, 11 ROM: Chapter 17 Test; Prentice Hall: Transparency Resource Package: 17F; Prentice Hall: 9-12.E Analyze global economic interdependence and competition. SE: 118, 199, 200, 213, 333, , , 465, 466, 467 Folder: 39, 40; Prentice Hall: Lesson Plans Folder: 61, 62, 63; Prentice Hall: Unit 7 Folder: 2-11, 12 ROM: Chapter 17 Test; Prentice Hall: Transparency Resource Package: 17A-17G; Prentice Hall: 9-12.E Apply economic concepts to explain the role of imports/exports both nationally and internationally. (510.01g) SE/TE: 118, 322, , , 456, , 466, 467 Folder: 39, 40; Prentice Hall: Lesson Plans Folder: 61, 62, 63; Prentice Hall: Unit 7 Folder: 2-11, 12 ROM: Chapter 17 Test; Prentice Hall: Transparency Resource Package: 17C, 17D; Prentice Hall: 6

Economics: Principles in Action 2005 Correlated to: Indiana Family and Consumer Sciences Education, Consumer Economics (High School, Grades 9-12)

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