Instructional Services: Curriculum Repository



Social Studies Civics and Economics	Overview Civics and Economics, taught in eighth grade, includes basic knowledge and understanding of the concepts and processes of democratic government and the American economic system. Students learn the meaning of individual rights and responsibilities; the ideals of liberty, justice, and equality; and the rule of law. Students develop an understanding of public and personal economic and financial decisions. A service learning component helps students personalize citizenship education.

Other Standards for Social Studies, Civics and Economics :
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DEMONSTRATE HOW ECONOMIC DECISIONS ARE MADE

9.a

Apply Knowledge of Basic Economic Concepts

9.a.1

Define and explain the concept of scarcity

9.a.2

Define and explain the concept of resources

9.a.3

Define and explain the concept of choice

9.a.4

Define and explain the concept of opportunity cost

9.a.5

Define and explain the concept of price

9.a.6

Define and explain the concept of incentives

9.a.7

Define and explain the concept of supply and demand

9.a.8

Define and explain the concept of production

9.a.9

Define and explain the concept of consumption

9.b

Compare Free Market, Command, and Mixed Economies

9.b.1

Identify characteristics of free market economies

9.b.2

Identify characteristics of command economies

9.b.3

Identify characteristics of mixed economies

9.b.4

Compare and contrast free market, command, and mixed economies

9.b.5

Assess advantages & disadvantages of different types of economies

9.c

Describe the Characteristics of the US Economy

9.c.1

Explain that individuals, businesses, & govt. make economic decisions

9.c.2

Describe free markets as a characteristic of the US economy

9.c.3

Describe private property as a characteristic of the US economy

9.c.4

Describe profit as a characteristic of the US economy

9.c.5

Describe competition as a characteristic of the US economy

9.c.6

Describe consumer sovereignty as characteristic of the US economy

Other Standards for Social Studies, Civics and Economics :
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