Below are the Common Core State Standards that most closely relate to the following lesson.
Price Elasticity: From Tires to Toothpicks ~ http://www.econedlink.org/e551
English Language Arts
College and Career Readiness Anchor Standards for Language - Vocabulary Acquisition and Use
CCRA.L.6 - Acquire and use accurately a range of general academic and domain-specific words and phrases sufficient for reading, writing, speaking, and listening at the college and career readiness level; demonstrate independence in gathering vocabulary knowledge when encountering an unknown term important to comprehension or expression.
History/Social Studies -- Grade 11-12 - Key Ideas and Details
RH.11-12.3 - Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence, acknowledging where the text leaves matters uncertain.
RH.11-12.7 - Integrate and evaluate multiple sources of information presented in diverse formats and media (e.g., visually, quantitatively, as well as in words) in order to address a question or solve a problem.
RH.11-12.9 - Integrate information from diverse sources, both primary and secondary, into a coherent understanding of an idea or event, noting discrepancies among sources.
History/Social Studies -- Grade 9-10 - Key Ideas and Details
RH.9-10.3 - Analyze in detail a series of events described in a text; determine whether earlier events caused later ones or simply preceded them.
RH.9-10.7 - Integrate quantitative or technical analysis (e.g., charts, research data) with qualitative analysis in print or digital text.
RH.9-10.9 - Compare and contrast treatments of the same topic in several primary and secondary sources.
Writing Grade 11-12 - Text Types and Purposes
WHST.11-12.2 - Write informative/explanatory texts, including the narration of historical events, scientific procedures/ experiments, or technical processes.
Writing Grade 9-10 - Text Types and Purposes
WHST.9-10.2 - Write informative/explanatory texts, including the narration of historical events, scientific procedures/ experiments, or technical processes.