Grade 9 through 12 Economics Standards

Other Alaska Social Studies sets

• Kindergarten through Grade 2 Civics Standards
• Kindergarten through Grade 2 Economics Standards
• Kindergarten through Grade 2 Geography Standards
• Kindergarten through Grade 2 History Standards
• Kindergarten through Grade 2 Inquiry Standards
• Grade 3 through 5 Civics Standards
• Grade 3 through 5 Economics Standards
• Grade 3 through 5 Geography Standards
• Grade 3 through 5 History Standards
• Grade 3 through 5 Inquiry Standards
• Grade 6 Alaska Studies and Geography Standards
• Grade 6 through 8 Inquiry Standards
• Grade 7 World History and Geography Standards
• Grade 8 U.S. History and Civics
• Grade 9 through 12 Alaska History Standards
• Grade 9 through 12 Civics Standards
• Grade 9 through 12 Geography Standards
• Grade 9 through 12 Inquiry Standards
• Grade 9 through 12 U.S. History Standards
• Grade 9 through 12 World History Standards

Explain the various types of currency.SS.9‐12.12.1

Examine the opportunities for earning income, including wages/salaries, commissions, benefits, asset development, and dividends.SS.9‐12.12.2

Relate the way that intangible job benefits can affect a person’s personal life, career choices, and income.SS.9‐12.12.3

Identify different types of jobs, career sectors, business and nonprofit development opportunities, and other opportunities to personally contribute in the economic workforce.SS.9‐12.12.4

Calculate tax contributions to local, state, and federal governments and describe the benefits that the taxes may provide to individual and societal structures.SS.9‐12.12.5

Assess the economic advantages of saving in a personal account and other long‐ and short‐term investment accounts.SS.9‐12.12.6

Assess the effects of inflation on a personal finance portfolio, including the effects on income, spending, and saving.SS.9‐12.12.7

Investigate ways that personal information is fraudulently obtained.SS.9‐12.12.8

Prepare a budget or spending plan that depicts varying sources of income, a planned saving strategy, taxes, and other sources of fixed and variable spending.SS.9‐12.12.9

Evaluate options for payment on credit cards and the consequences of each option.SS.9‐12.12.10

Describe how a credit score impacts the ability to borrow money and at what rate.SS.9‐12.12.11

Calculate the total cost of repaying a loan under various rates of interest and over different time periods.SS.9‐12.12.12

Explain various types of insurance and the purpose of using insurance to protect financial interests.SS.9‐12.12.13

Use current data to explain the influence of changes in spending, production, and the money supply on various economic conditions.SS.9‐12.13.1

Use economic indicators to analyze the current and future state of the economy.SS.9‐12.13.2

Evaluate how fiscal and monetary policy choices have economic consequences for different stakeholders in a variety of economic conditions.SS.9‐12.13.3

Explain how the relationship between capital investments and the means of production contribute to the size and development of national economies.SS.9‐12.13.4

Use economic indicators and data to analyze the health of the U.S. economy in relation to other countries.SS.9‐12.13.5

Evaluate how foreign and domestic issues have contributed to U.S. economic growth and contraction over time.SS.9‐12.13.6

Examine the impact of government policies or regulations experienced by a variety of markets, including individuals, businesses, communities, and states.SS.9‐12.13.7

Explain the role of specialization in the development of international trade and partnerships between countries.SS.9‐12.14.1

Explain how current globalization trends and policies affect economic growth, labor markets, rights of citizens, the environment, and resource and income distribution in different nations.SS.9‐12.14.2

Explain how economic conditions and policies in one nation increasingly affect economic conditions and policies in other nations.SS.9‐12.14.3

Develop claims about why a country might or might not participate in global trade.SS.9‐12.14.4

Examine the short‐ and long‐term effects of trade agreements on the participating nations.SS.9‐12.14.5

Construct an evidence‐based argument evaluating how global interdependence impacts individuals, institutions, and societies.SS.9‐12.14.6

Explain the impact of common resource ownership and resource management on Alaska’s economy.SS.9‐12.15.1

Develop a claim for the management of the Permanent Fund using evidence to support its impact on Alaska’s economy.SS.9‐12.15.2

Explain the relationship between the Alaska Permanent Fund Corporation and the Permanent Fund Dividend.SS.9‐12.15.3

Compare and contrast the state tax structures of Alaska with other states.SS.9‐12.15.4

Evaluate the effects on local and state economies that would result in increases and decreases in state taxes on resource development.SS.9‐12.15.5

Compare and contrast the varying points of view and opinions regarding global and federal factors in Alaska’s resource management, such as increases in global supply.SS.9‐12.15.6

Describe the economic differences between ANCSA regional and local village corporations and Tribal and local governments.SS.9‐12.15.7

Construct an argument about the benefits and/or drawbacks of the profit‐sharing structure of ANCSA regional corporations.SS.9‐12.15.8

Evaluate the impact of Tribal, local, state, and federal governmental policies on the economic well‐being of Alaska citizens.SS.9‐12.15.9