Curriculum

Unit Outlines Standards

Social Studies: Grade 4 Version: CPS08-09

Printable Page


Unit Name: 01 - Economics Basics

Essential Question

Is the world ruled by economics?

Topic 1

Economic Concepts

  • Relationship of opportunity cost to decision-making
  • Impact of price incentives on people's behavior and choices
  • Improved standard of living from specialization
  • Benefits of voluntary exchange to buyers and sellers
  • Trade promotes economic activity
  • Impact of technological advancements on business productivity
  • Topic 1 Vocabulary

    • economics
    • opportunity cost
    • decision-making
    • price incentives
    • specialization
    • standard of living
    • voluntary exchange
    • buyers
    • sellers
    • trade
    • economic activity
    • technological advancement
    • business productivity

    Topic 1 Standards and Elements


    SS4E1.a
    SS4E1.b
    SS4E1.c
    SS4E1.d
    SS4E1.e
    SS4E1.f
    SS4E1: Basic Economic Concepts
    SS4IP1.a
    SS4IP1.b
    SS4IP1.e
    SS4IP1: Information Processing Skills
    SS4MG1.f
    SS4MG1: Map & Globe Skills

    Topic 2

    Budgeting

  • Elements of personal budget
  • Personal spending and saving decisions
  • Topic 2 Vocabulary

    • personal budget
    • spending
    • saving

    Topic 2 Standards and Elements


    SS4E2: Personal Budgeting

    Select Authors

    Hold the Ctrl key to select
    more than one name

    Close | Save

    Assessment Description/Performance Task

    Description Coming Soon

    Close | Save

    Edit Enduring Understandings

    Description Coming Soon

    Close | Save

    Edit Unit Resources and Information

    Unit Resources include general, global resources that might include bookmarks, books, periodicals, media and software. URLs need to be provided for each resource to identify a source from which it can be obtained. Resources might include those purchased as part of an adoption. More specific resources will be referenced within the teaching procedures.

    Close | Save

    Edit Unit Vocabulary

    Enter critical vocabulary generally related to the Unit, but not part of a Topic. Each keyword must be either entered as a list (unordered list or ordered list button) or separated by a semicolon (;).

    Close | Save