EconEdLink and Idaho Content Standards
Grade 9-12: Economics
Table of Contents
Standard 1: History
Goal 1.4: Analyze the political, social, and economic responses to industrialization and technological innovations in the development of the United States.
Objective: 9-12.E.1.4.1 Analyze the impact of events, such as wars, industrialization, and technological developments on the business cycle.
- Let Them Eat Cake: Economics and the French Revolution
- Evaluating the Great Society Program
- Transportation: They Say We Had a Revolution
- Economics of the New Deal
- The Economics of the Civil Rights Movement
- Where Did All the Money Go? The Great Depression Mystery
- Is the Information Revolution as Big as the Industrial Revolution?
Standard 2: Geography
Goal 2.4: Analyze the human and physical characteristics of different places and regions.
Objective: 9-12.E.2.4.1 Explain how factors of production are distributed among geographic regions and how this influences economic growth
Standard 3: Economics
Goal 3.1: Explain basic economic concepts.
Objective: 9-12.E.3.1.1 Apply the concepts of supply and demand, scarcity, and opportunity costs, and explain their implications in decision making.
- Supply, Demand, and Equilibrium Video Series and Quiz
- Utility
- Would You Demand It?
- Price Elasticity: From Tires to Toothpicks
- Rationing Transplants: An Ethical Problem
- The Costs of Credit
- Opportunity Cost
- Where Does the Price of Pizza Come From?
Objective: 9-12.E.3.1.2 Identify ways in which the interaction of all buyers and sellers influences prices.
- Supply, Demand, and Equilibrium Video Series and Quiz
- Owning a Car
- Case Study on Productivity (Part 3) - Henry Ford and the Model T
- Price Elasticity: From Tires to Toothpicks
- Who Decides Wage Rates?
- To Buy or Not to Buy?
Objective: 9-12.E.3.1.3 Identify how incentives determine what is produced and distributed in a comparative market system.
- Sports Economics: The Mystery of the 2,333,232% Pay Raise
- Be an Energy Saver
- Case Study on Productivity (Part 2) - Henry Ford and the Model T
- Can Election Futures Markets be More Accurate than Polls?
- Fewer Watts and Fewer Wallets
- It’s a Matter of Power
Objective: 9-12.E.3.1.4 Describe factors of production.
- It’s a Matter of Power
- Case Study on Productivity (Part 2) - Henry Ford and the Model T
- Transportation: They Say We Had a Revolution (Part I)
- The Economics of Professional Sports Teams: If you Build It, Will They Come?
- Blowing in the Wind
- Capital Investments: Human vs. Physical
Objective: 9-12.E.3.1.5 Create and interpret graphs that model economic concepts.
- Analyzing the Business Cycle with Piecewise Functions
- FRED and the Federal Budget Interactive Lesson
- Production Possibilities Curve
- Phillips Curve
- Graphing and Interpreting Linear Relationships in the Context of Budgeting
- Using Slope to Compute Opportunity Cost
Objective: 9-12.E.3.1.6 Explain the difference between monetary policy and fiscal policy and the role of the Federal Reserve.
- Just How Powerful is the Fed Chair?
- Economic Data Lesson: Economic Policy Options
- The Early 1980’s: A Tough Time for Home Builders and Mortgage Bankers
- It’s A Not So Wonderful Life
- Balancing the Federal Budget
- Social Security and the National Debt
- Money, Monetary Policy, and the Federal Reserve Video Series and Quiz
- FRED and the Federal Budget Interactive Lesson
Objective: 9-12.E.3.1.7 Analyze the various parts of the business cycle and its effect on the economy.
- Employment Data: Is the Economy Healthy?
- GDP Data: Is the Economy Healthy?
- Analyzing the Business Cycle with Piecewise Functions
- Unemployment Data: Is the Economy Healthy?
- AP Macroeconomics - The Business Cycle: Introduction to Macroeconomic Indicators
Goal 3.2: Identify different influences on economic systems.
Objective: 9-12.E.3.2.1 Compare and contrast the characteristics of different economic systems and economic philosophies.
- Comparative Economic Systems: Exploring the Big Economic Questions
- Traditional Economies and the Inuit
- Economic Forecasting: An Internet WebQuest
- Comparative Economic Systems
- Broad Social Goals of an Economy
- Behavioral Economics Lesson One: Introduction to Behavioral Economics
Objective: 9-12.E.3.2.2 Explain and illustrate the impact of economic policies and decisions made by governments, businesses, and individuals.
- The Trans - Pacific Partnership (TPP): Are the Presidential Candidates Telling the Whole Story?
- FRED and the Federal Budget Interactive Lesson
- President Jackson and the Veto of the Second National Bank
- CPI - The Crystal Ball
- Understanding the Debt Ceiling Debate and the Budget Control Act of 2011
- Money and Elections
- Price Ceilings and Price Floors Video Series and Quiz
Objective: 9-12.E.3.2.3 Explain the purpose of labor unions.
- AP Microeconomics - Competitions versus Monopsony in Labor Markets
- To Keep the Strike Going or to End it? That was the Question
- Career Management: Workplace Regulations
Goal 3.3: Analyze different types of economic institutions.
Objective: 9-12.E.3.3.1 Explain the characteristics of various types of business and market structures.
- History of Monopolies in the United States
- Three Types of Business Organizations
- AP Microeconomics - Monopoly
- AP Microeconomics - When Markets Fail
- Competition and Market Structure Video and Quiz
Objective: 9-12.E.3.3.2 Describe the role of entrepreneurship and successful businesses.
- Activating the Entrepreneur Mindset
- Sports Economics: To Build or Not to Build
- Three Types of Business Organizations
- The Entrepreneur in you?
- Sports Economics: Worshipping at the Altars of Adi, Phil and Kevin
- Understanding and Analyzing an Income Statement
Objective: 9-12.E.3.3.3 Identify the role of financial markets and institutions.
- Buy and Hold: A Stock Market Simulation
- The Great Recession Simulation
- Where did All the Money Go? The Great Depression Mystery
- NYSE Made Easy
- What is a Stock?
- Economic Growth and Institutions Video Series and Quiz
Goal 3.4: Explain the concepts of personal finance.
Objective: 9-12.E.3.4.1 Examine and apply the elements of responsible personal fiscal management, such as budgets, interest, investment, savings, credit, and debt.
- Personal Finance Fun and Games Webinar
- Spicing Up Personal Finance with Tech
- Financial Management: Budgeting
- Buying vs. Renting
- Personal Finance 103: Interest and Investing
- Teaching Personal Finance: Podcasts from Planet Money and Better Money Habits
Objective: 9-12.E.3.4.2 Identify and evaluate sources and examples of consumers’ responsibilities and rights.
- Career Management: Workplace Regulations
- Banks & Credit Unions (Part I)
- Break a Leg
- The Hidden Costs of College
- Guess Who’s Coming to Dinner
- Financial Management: Consumer Options and Protection
- Consumer Choice and Decision Making Video Series and Quiz
Objective: 9-12.E.3.4.3 Discuss the impact of taxation as applied to personal finances.
Standard 4: Civics and Government
Goal 4.2: Build an understanding of the organization and formation of the American system of government.
Objective: 9-12.E.4.2.1 Explain the basic functions of government in a mixed economic system.
- Income Inequality
- The Price We Pay for Health: US and Canada
- Broad Social Goals of an Economy
- Worker Safety - The Triangle Fire Legacy
- One is Silver and the Other’s Gold
Objective: 9-12.E.4.2.2 Identify laws and policies adopted in the United States to regulate competition.
- The Trans - Pacific Partnership (TPP): Are the Presidential Candidates Telling the Whole Story?
- Trade in Colonial America / NAFTA
- Free Trade
- U.S. farmers and the Cuban embargo
- The U.S. Sugar Program: A Matter of National Security or Corporate Welfare?
Objective: 9-12.E.4.2.3 Examine the federal budget, debt, and deficit, and their implications on the economy.
- Medicare and the National Debt
- UFR Balancing the Federal Budget
- Evaluating the Great Society Program
- The American Standard of Living - For Better or For Worse
- The Role of Government: The National Debt vs. The Deficit
- Federal Budget: The Fiscal Ship Game
- Social Security, Governance, and the National Debt
Standard 5: Global Perspectives
Goal 5.1: Build an understanding of multiple perspectives and global interdependence.
Objective: 9-12.E.5.1.1 Describe the involvement of the United States in international economic organizations and treaties, such as GATT, IMF, and the WTO.
- World Trade after World War II: The EU, NAFTA, and the WTO
- NAFTA: Did Jobs Get sucked Out of the United States?
- Trade in Colonial America / NAFTA
- Free Trade
- World101: Globalization
Objective: 9-12.E.5.1.2 Analyze global interdependence and competition.
- Where did All the Money Go? The Great Depression Mystery?
- Exchange Rates: How Money Affects Trade
- International Trade Creates More and Better Jobs
- I Don’t Want Much, I Just Want More: Allocation, Competition and Productivity
- The Columbian Exchange
- US History and the C3 Framework: World Trade after WWII
- Is Globalization a Dirty Word?
Objective: 9-12.E.5.1.3 Apply economic concepts to explain the role of imports/exports both nationally and internationally.
- Exchange Rates: How Money Affects Trade
- The Trans - Pacific Partnership (TPP): Are the Presidential Candidates Telling the Whole Story?
- AP Macroeconomics - Net Exports and Capital Flows
- International Trade Creates More and Better Jobs
- Balance of Payments (BOP)