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SS.I.4.2C:
Students evaluate economic data by differentiating fact from opinion and identifying frames of reference.
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Intermediate
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 United States and other national economies, and how an economy solves the scarcity problem through market and non-market mechanisms.
Economics requires the development and application of the skills needed to make informed and well-reasoned economic decisions in daily and national life.
Students evaluate economic data by differentiating fact from opinion and identifying frames of reference.
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