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Standards for The Hidden Costs of College

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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.

Name: Role of Prices

Standard: 8

  • Students will understand that: Prices send signals and provide incentives to buyers and sellers. When supply or demand changes, market prices adjust, affecting incentives.
  • Students will be able to use this knowledge to: Predict how changes in factors such as consumers' tastes or producers' technology affect prices.

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: HSA-APR.A

Standard: High School: Algebra

Area: High School: Algebra

  • Perform arithmetic operations on polynomials.

Name: WHST.11-12.9

Standard: Writing Grade 11-12

Area: Writing Grade 11-12

  • Draw evidence from informational texts to support analysis, reflection, and research.

Name: WHST.9-10.9

Standard: Writing Grade 9-10

Area: Writing Grade 9-10

  • Draw evidence from informational texts to support analysis, reflection, and research.