EconEdLink
National
Standards in Economics
Below are the National Standards in Economics that most closely relate to the following lesson.
- Check out your State's Standards.
- Check out National Standards in Personal Finance.
LESSON
Avatar, King of the Box Office? ~ http://www.econedlink.org/e1010
Grades: 9-12
STANDARDS
Name: Unemployment and Inflation
Standard: 19
- Students will understand that: Unemployment imposes costs on individuals and the overall economy. Inflation, both expected and unexpected, also imposes costs on individuals and the overall economy. Unemployment increases during recessions and decreases during recoveries.
- Students will be able to use this knowledge to: Make informed decisions by anticipating the consequences of inflation and unemployment.