This quarter we will focus on understanding the role of basic economic concepts in the decisions people make.
Students will be able to...
1.E.1 Understand the role of basic economic concepts in the decisions people make.
1.E.1.1 Distinguish the relationship between scarcity and limited resources
1.E.1.2 Recognize the relationship between supply and demand
1.E.1.3 Exemplify how supply and demand affect the choices people make
1.E.1.4 Summarize reasons why people and countries trade goods and services
I.1.1 Identify inquiry as a process to answer questions and solve issues.
I.1.3 Explain why or how a compelling question is important to a topic or issue.
I.1.8 Construct responses to compelling questions using information from sources.