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SOESD / Technology & Media Services / Media Materials Library / ODE Standards / Social Sciences Standards Search / 3rd Grade Economics

3rd Grade Economics

 
CCG: Understand that resources are limited (e.g., scarcity).
 
bullet SS.03.EC.01 Understand that limited resources make economic choice necessary.
 
CCG: Understand economic trade-offs and how choices result in both costs and benefits to individuals and society.
 
Benchmark Standard: No standards currently exist for this CCG.
 
CCG: Understand how conditions in an economy influence and are influenced by the decisions of consumers, producers, economic institutions, and government.
 
Benchmark Standard: No standards currently exist for this CCG.
 
CCG: Understand economic concepts, principles, and factors affecting the allocation of available resources in an economy.
 
Benchmark Standard: No standards currently exist for this CCG.
 
CCG: Understand the role of government and institutions (i.e., banks, labor unions) in various economic systems in an economy.
 
Benchmark Standard: No standards currently exist for this CCG.
 
CCG: Understand the interdependence of the global economy and the role played by the United States.
 
Benchmark Standard: No standards currently exist for this CCG.
 
CCG: Understand how money makes it easier to trade, borrow, save, invest, and compare the value of goods and services.
 
Benchmark Standard: No standards currently exist for this CCG.
 
CCG: Apply economic concepts and principles to issues of personal finance.
 
bullet SS.03.EC.02 Identify ways of making money to buy a desired product and what it will cost in time and energy for each option.



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