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Key Idea
SS.E.4.2:
Economics
Economics requires the development and application of the skills needed to make informed and well-reasoned economic decisions in daily and national life.
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Elementary
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.
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