Chalkboard

Copyright
Credits
Board Members
Mission Statement
Preface
Introduction
Ordering Info
Other Inclusions


© 2005 by HUMBOLDT COUNTY SCHOOL DISTRICT and EdVISION Corporation.
All Rights Reserved.

Made with Curriculum Designer
Made with
Curriculum Designer by
EdVISION Corporation

HUMBOLDT COUNTY SCHOOL DISTRICT
HCSD 2005
Economics - Grade 12

Economic Way of Thinking

1.12.1 - Scarcity, Choice, and Cost
The learner will be able to explain why choices and their costs may differ across individuals and societies. Important to know and do. Students should retain detailed but not extensive knowledge. Taught in Civics - 12th grade, History 11th grade and Geography 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
1.12.2 - Incentives and Preferences
The learner will be able to recognize that people act out of self-interest and predict how a change in the economic environment will affect the choices made by consumers, producers and savers. Important to know and do. Students should retain detailed but not extensive knowledge. Taught in Civics - 12th grade, History - 11th grade, Geography - 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
1.12.3 - Cost Versus Benefits
The learner will be able to examine decisions made by individuals, businesses and government by comparing the marginal benefits and marginal costs. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade, History - 11th grade, Geography - 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
1.12.4 - Personal Economics
The learner will be able to give examples of and evaluate the effectiveness of incentive systems used by parents, teachers and employers. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade, History - 11th grade, Geography - 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District(a) Classroom
  
top  

Measuring Economic Performance

2.12.1 - GDP
The learner will be able to explain the difference between nominal GDP and real GDP. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade, History - 11th grade, Geography - 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District(a) Classroom
  
2.12.2 - Measuring Economic Growth
The learner will be able to using real GDP per capita as a measure of the standard of living, describe how living standards have changed over time. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade, History - 11th grade, Geography - 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
2.12.3 - Change in real GDP
The learner will be able to using the change in real GDP, examine the US economy over time, identifying recessions and high and low rates of growth. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade, History - 11th grade, Geography - 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
2.12.4 - Measuring Inflation
The learner will be able to using a price index to measure inflation, identify when the US economy has experienced high and low rates of inflation and discuss their effects. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade, History - 11th grade, Geography - 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
2.12.5 - Measuring Inflation
The learner will be able to use various price indexes to determine how the prices of different types of goods and services have changed. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade, History - 11th grade, Geography - 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
2.12.6 - Measuring Unemployment
The learner will be able to explain and give examples of the costs of unemployment to the economy as a whole (such as lost income, lost tax revenue and additional welfare burdens). Important to know and do. Students should retain detailed but not extensive knowledge. Taught in Civics - 12th grade, history 11th grade and Geography 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
2.12.7 - Unemployment Rates
The learner will be able to compare the unemployment rates for groups of people who differ by age, gender, ethnic origin, occupation and educational attainment. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
2.12.8 - Measuring Interest
The learner will be able to explain why a real interest rate accurately measures the benefit of saving or the cost of borrowing. Important to know and do. Students should retain detailed but not extensive knowledge. Taught in Civics 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
2.12.9 - Interest Rates
The learner will be able to demonstrate knowledge of when interest rate levels have experienced relative highs and relative lows throughout US history and discuss their effects. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade, History - 11th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
2.12.10 - Career Paths
The learner will be able to characterize career paths according to the rates of growth and employment. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade, History - 11th grade, Geography - 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
2.12.11 - High Interest Rate
The learner will be able to explain ways a high interest rate could be detrimental or beneficial. Important to know and do. Students should retain detailed but not extensive knowledge. Taught in Civics 12th grade, History 11th grade and Geography 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
2.12.12 - Saving & Borrowing Options
The learner will be able to evaluate saving and borrowing options in terms of interest and compare long-and short-term costs and benefits. Important to know and do. Students should retain detailed but not extensive knowledge. Taught in Civics 12th grade, History 11th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
top  

Functioning of Markets

3.12.1 - Trade Is Beneficial
The learner will be able to demonstrate an understanding that all voluntary trade, by definition, benefits both parties. Important to know and do. Students should retain detailed but not extensive knowledge. Taught in Civics 12th grade, History 11th grade and Geography 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
3.12.2 - Markets Determine Prices
The learner will be able to use the concepts of supply and demand to analyze and predict the price changes occurring in markets for goods and services.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  Assessment Resources
 
Potato Farm, fieldtrip [Field Trip].  
  
3.12.3 - Prices as Signals
The learner will be able to use the concept of price elasticity to analyze how buyers and sellers might adjust their purchase and sales decisions in response to price changes. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
3.12.4 - Prices as Signals
The learner will be able to discuss the effects of price controls (price ceilings and price floors) (such as minimum wage, rent control). Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade, History - 11th grade, Geography - 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
3.12.5 - Determining Interest Rates
The learner will be able to use supply and demand to explain how interest rates are determined. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
3.12.6 - Interest Rates
The learner will be able to analyze and predict instances in which people pay high and low interest rates (such as car loans and credit cards). Important to know and do. Students should retain detailed but not extensive knowledge. Taught in Civics 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
3.12.7 - Personal Economics
The learner will be able to analyze family spending decisions, drawing conclusions about the desirability of making substitutions, given the relative prices of various substitutes. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade, Geography - 9/10th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
top  

Private U.S. Economic Institutions

4.12.1- Financial Institutions
The learner will be able to analyze the roles of financial institutions in creating credit. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  Assessment Resources
 
Banks, fieldtrip [Field Trip].  
  
4.12.2 - Labor Unions
The learner will be able to discuss how labor unions affect employees and employers. Important to know and do. Students should retain detailed but not extensive knowledge. Taught in Civics 12th grade, History 11th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
4.12.3 - For-profit Bus. Organization
The learner will be able to identify current or historical mergers, buyouts and acquisitions. Important to know and do. Students should retain detailed but not extensive knowledge. Taught in Civics 12th grade, History 11th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
4.12.4 - Not-for-profit Organizations
The learner will be able to explain how the services of not-for-profit organizations impact other economic institutions. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
4.12.5 - Personal Economics
The learner will be able to compare and contrast the services offered by financial institutions, evaluating their usefulness to borrowers and lenders. Important to know and do. Students should retain detailed but not extensive knowledge. Taught in Civics 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
4.12.6 - Careers
The learner will be able to compare and contrast careers associated with financial institutions, labor unions, for-profit business organizations and not-for-profit organizations. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
top  

5.12.1 - Functions of Money
The learner will be able to explain the three functions of money: medium of exchange, store to value, unit of account. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  Assessment Resources
 
Banks, fieldtrip [Field Trip].  
Basal, Math [Textbook].  
  
5.12.2 - Money Supply
The learner will be able to explain why the money supply increases when banks make loans. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
5.12.3 - Federal Reserve
The learner will be able to explain how the Federal Reserve influences bank loan activity using the reserve requirement, discount rate and open market operations. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
5.12.4 - History of Money
The learner will be able to describe the nation's current money supply measures, including M1 and M2. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
5.12.5 - Personal Economics
The learner will be able to explain what a credit rating is and how it affects access to money. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
top  

U.S. Economy as a Whole

6.12.1 - Resource Allocation
The learner will be able to compare the benefits and costs of allocating resources through markets or government. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
6.12.2 - Resource Allocation
The learner will be able to discuss how an economy determines what goods and services will be produced, how they will be produced and who will receive them. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
6.12.3 - Nations Production Level
The learner will be able to analyze the potential production of goods and services for a nation as determined by its resources and technology. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
6.12.4 - The Nation's Income Level
The learner will be able to use the multiplier concept to explain why an initial change in spending (by con-sumers, firms, or govern-ments) can result in a larger change in national income.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
6.12.5 - Nation's Unemployment Rate
The learner will be able to make connections between the nation's unemployment rate and changes in seasons, changes in industry and changes in demographics. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
6.12.6 - Differences in Indv. Incomes
The learner will be able to explain how and why changes in product demand can affect the price of the product, which, in turn, can affect the wages paid to a worker. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in: Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
6.12.7 - Personal Economics
The learner will be able to assess the attractiveness of career paths of interest and how they might be affected by changes in the national economy. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
top  

An Evolving Economy

7.12.1 - Investment
The learner will be able to describe the past, present and future role of investment in enhancing economic growth and raising living standards. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
7.12.2 - Investment - Physical Capital
The learner will be able to identify the benefits and the costs of investing in new physical capital and new human capita. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
7.12.3 - Governments Impact
The learner will be able to examine the government's impact on investment through taxes, fees, government regulation, enterprise zones and subsidies. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
7.12.4 - Entrepreneurship
The learner will be able to discuss how entrepreneurs affect the economy by solving problems, taking risks, and taking advantage of opportunities to earn profits. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
7.12.5 - Competition
The learner will be able to explain how individual self-interest, channeled through the marketplace, can increase the overall standards of living. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
7.12.6 - Specialization
The learner will be able to discuss the pros and cons of specialization and interdependence. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
7.12.7 - Personal Economics
The learner will be able to explain why top performers in any field are specialists. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economics   Master 1.0 Humboldt County School District Classroom
  
top  

Role of Government in a Market Economy

8.12.1 - Public Goods
The learner will be able to explain why government provides public goods rather than allowing the market to provide them. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Government in a Market Economy   Master 1.0 Humboldt County School District Classroom
  
8.12.2 - Externalities
The learner will be able to explain why government intervenes in markets in response to externalities. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Government in a Market Economy   Master 1.0 Humboldt County School District Classroom
  
8.12.3 - Redistributing Income
The learner will be able to discuss whether redistributing income is an appropriate role of government. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Government in a Market Economy   Master 1.0 Humboldt County School District Classroom
  
8.12.4 - Property Rights
The learner will be able to demonstrate an understanding that government must define, establish and enforce property rights in order for markets to function. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Government in a Market Economy   Master 1.0 Humboldt County School District Classroom
  
8.12.5 - Political Decisions
The learner will be able to explain why it is possible that a government decision may impose costs on many, but only benefit a few. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Government in a Market Economy   Master 1.0 Humboldt County School District Classroom
  
8.12.6 - Fiscal Policy
The learner will be able to explain how fiscal policy affects production, employment, and price levels.Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Government in a Market Economy   Master 1.0 Humboldt County School District Classroom
  
8.12.7 - Personal Economics
The learner will be able to give examples of mandates that increase prices of goods and services in Nevada. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Government in a Market Economy   Master 1.0 Humboldt County School District Classroom
  
top  

International Economy

9.12.1- International Trade
The learner will be able to analyze the pros and cons of foreign trade, comparing free trade with restricted trade. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economy   Master 1.0 Humboldt County School District Classroom
  
9.12.2 - Interdependence
The learner will be able to describe how foreign economic events can impact the US economy. Important to know and do. Students should retain detailed but not extensive knowledge. Taught Civics - 12th grade, History - 11th grade.
Strand Bloom's Scope Hours Source Activities
Economy   Master 1.0 Humboldt County School District Classroom
  
9.12.3 - Characteristics of Econ. Syst.
The learner will be able to describe some characteristics of non-US economies that affect international trade. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economy   Master 1.0 Humboldt County School District(a) Classroom
  
9.12.4 - Exchange Rates
The learner will be able to determine how a change in exchange rates affects the ability of residents of one country to consume products from other countries. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economy   Master 1.0 Humboldt County School District Classroom
  
9.12.5 - Personal Economics
The learner will be able to draw conclusions about how the prices of goods you purchase would change if imports were restricted. Worth being familiar with. Students should have awareness of key people, ideas, concepts, and terms. Taught in Civics - 12th grade.
Strand Bloom's Scope Hours Source Activities
Economy   Master 1.0 Humboldt County School District Classroom
  
9.12.6 - Career Paths
The learner will be able to discuss how potential career paths could be affected by changes in foreign demand for US products.
Strand Bloom's Scope Hours Source Activities
Economy   Master 1.0 Humboldt County School District Classroom
  
top