EconEdLink
National
Standards in Economics
Below are the National Standards in Economics that most closely relate to the following interactive tool.
- Check out your State's Standards.
- Check out National Standards in Personal Finance.
INTERACTIVE
Human Capital ~ http://www.econedlink.org/i1
Grades: 6-8, 9-12
STANDARDS
Name: Scarcity
Standard: 1
- Students will understand that: Productive resources are limited. Therefore, people cannot have all the goods and services they want; as a result, they must choose some things and give up others.
- Students will be able to use this knowledge to: Identify what they gain and what they give up when they make choices.