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Note: This course is a Core elective, which may be offered for either 0.5 or 1.0 units of social studies or applied technology education (CTE) credit. Persons who teach this course would be required to have a social studies, business, or marketing composite endorsement, with a minimum of six semester hours in economics. The credentials of the instructor do not determine the credit options for students. Students may decide to take this class for social studies or business/marketing credit (but not all). However, to generate CTE add-on dollars, a social studies teacher must also have an approved CTE endorsement.
Core Standards of the Course
Students will understand the economic condition of scarcity where individuals, businesses, governments, societies, and nations must make choices in attempting to satisfy unlimited wants and needs using limited resources.
List the basic economic questions (what will be produced, how will it be produced, and for whom it will be produced) and describe how different economic systems (traditional, command, market, mixed) address these questions.
Students will understand that resources and goods/services are allocated by voluntary exchange and that economic markets are characterized by supply, demand, competition, incentives, and property rights.
http://www.uen.org - in partnership with Utah State Board of Education
(USBE) and Utah System of Higher Education
(USHE). Send questions or comments to USBE Specialist -
and see the CTE/Business and Marketing Education website. For
general questions about Utah's Core Standards contact the Director
- THALEA LONGHURST .
|These materials have been produced by and for the teachers of the State of Utah. Copies of these materials may be freely reproduced for teacher and classroom use. When distributing these materials, credit should be given to Utah State Board of Education. These materials may not be published, in whole or part, or in any other format, without the written permission of the Utah State Board of Education, 250 East 500 South, PO Box 144200, Salt Lake City, Utah 84114-4200.|