K-12 teachers: Get free professional development wherever you are! EconEdLink members can register for webinars with one click and will receive certificates of completion within 24 hours of viewing. CHECK IT OUT

Standards for Staying Afloat Financially in the 21st Century

Jump to:

National Standards in Economics

Name: Decision Making

Standard: 2

  • Students will understand that: Effective decision making requires comparing the additional costs of alternatives with the additional benefits. Many choices involve doing a little more or a little less of something: few choices "are all or nothing" decisions.
  • Students will be able to use this knowledge to: Make effective decisions as consumers, producers, savers, investors, and citizens.

National Standards in Financial Literacy

Name: Buying Goods and Services

Standard:

  • Students will understand that: People cannot buy or make all the goods and services they want; as a result, people choose to buy some goods and services and not buy others. People can improve their economic wellbeing by making informed spending decisions, which entails collecting information, planning, and budgeting.

State Standards

Common Core State Standards

Name: Anchor Standards for Reading

Standard:

Area:

Name: K-12 Standards for Mathematical Practice

Standard:

Area: