Economics

 

CE.11 The student will demonstrate knowledge of how economic decisions are made in the marketplace by
a) applying the concepts of scarcity, resources, choice, opportunity cost, price, incentives, supply and demand, production, and consumption;
b) comparing the differences among traditional, free market, command, and mixed economies;
c) describing the characteristics of the United States economy, including limited government, private property, profit, and competition.
CE.12 The student will demonstrate knowledge of the structure and operation of the United States economy by
a) describing the types of business organizations and the role of entrepreneurship;
b) explaining the circular flow that shows how consumers (households), businesses (producers), and markets interact;
c) explaining how financial institutions channel funds from savers to borrowers.
 

Capitalism Cartoon

 

The Productive Blues

Our Story: Levi Strauss

A Short History of Denim

History of Levi 501 Jeans


Hands-on Banking

 

Practical Money Skills

 

Sense and Dollars

 

Don't Buy it, Get Media Smart

 

Scarcity:

 

 

 

Supply and Demand:

 

 

 

School House Rock: Taxes

 

 

Capitalism and Socialism

 

 

Types of Economies

 

 

iPencil

Audio of the author reading his I, Pencil essay: http://fee.org/resources/detail/i-pencil/

video:

Types of Businesses

Circular flow of income and expenditures: Understanding the flow of resources in the simplest possible economy