Neshaminy School District

Economics

6^th

7^th

8^th

9^th & 10^th

11^th

Scarcity

Explain how limited resources and human wants cause scarcity.

Explain how limited resources and human wants cause scarcity.

Explain how limited resources and human wants cause scarcity.

Analyze how choices are made because of scarcity.

Predict the long-term effects of decisions made because of scarcity.

Production

Describe how resources are combined to produce different goods and services.

Describe how resources are combined to produce different goods and services.

Analyze how resources are combined to produce different goods and services.

Analyze how scarcity affects decision making.

Evaluate the reasoning behind economic choices and the effectiveness of the allocation of resources for those choices.

Economic Systems …

i.e.

·  Captialism

·   Socialism

·   Commun-ism

·   Mixed economies

Examine how various economic systems address the concerns of production and distribution of goods and services.

Compare and contrast various economic systems.

Evaluate the effectiveness of various economic systems.

The Role of Government

Describe the effect of government involvement in providing goods and services.

Examine the government’s role in regulating and stabilizing the national economy.

Asses the government’s role in regulating and stabilizing the national economy.

Trade

Explain how trade affects standards of living.

Analyze how changes in trade affect standards of living.

Analyze how changes in trade affect standards of living.

Explain how trade contributes to economic interdependence.

Assess the growth and effect of international trade.