Economic Decision Making

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    Economic Systems

    1. 1

      Describe common economic terms and concepts.SS.9-12.Econ.1

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    Economic Decision Making

    1. 2

      Engage in economic reasoning to make choices.SS.9-12.Econ.2

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    Economic Systems

    1. 3

      Compare the methods that various economic systems use to allocate goods and services.SS.9-12.Econ.3

Microeconomics: Supply, Demand and Pricing

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    Exchange and Markets

    1. 4

      Compare and contrast types of business ownership.SS.9-12.Econ.4

    2. 5

       Illustrate and explain how supply, demand, and price interact in a market economy.SS.9-12.Econ.5

    3. 6

      Compare levels of competition that exist in market and mixed economic systems.SS.9-12.Econ.6

Macroeconomics and Government in Economics

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    Economic Systems

    1. 7

      Explain how economic measurements are used to assess the overall economic health of the country.SS.9-12.Econ.7

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    Exchange and Markets

    1. 8

      Analyze the role of government in a market economy.SS.9-12.Econ.8

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    Economic Systems

    1. 9

      Explain how fiscal and monetary policy influence the American economy and society.SS.9-12.Econ.9

Globalization

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    Economic Systems

    1. 10

      Identify the factors that determine and shape a country’s standard of living.SS.9-12.Econ.10

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    Production and Consumption

    1. 11

      Analyze how national and global economic issues and systems impact Iowa's economy.SS.9-12.Econ.11

Trade

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    Production and Consumption

    1. 12

      Explain why individuals, businesses, and governments trade goods and services and how trade affects global economies.SS.9-12.Econ.12

Frequently asked questions

What grade levels do these standards cover?
Grade 9, Grade 10, Grade 11, and Grade 12
Where can I read the official document?
Iowa Academic Standards for Social Studies

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