Essential Element: SS.EE.Econ1: Wisconsin students use economic reasoning to understand issues.
Target Level: Wisconsin students use economic reasoning to understand issues.
Precursor Level: Wisconsin students will identify how costs, benefits, and incentives affect decision-making.
Initial Level: Wisconsin students will differentiate between a want and a need and provide an example of an opportunity cost.
Target Level: Wisconsin students use economic reasoning to understand issues.
Precursor Level: Wisconsin students will identify how costs, benefits, and incentives affect decision-making.
Initial Level: Wisconsin students will differentiate between a want and a need and provide an example of an opportunity cost.
Essential Element: SS.EE.Econ2: Wisconsin students will understand how decisions are made and interactions occur among consumers (i.e., individuals and households) and producers (firms/businesses) (Microeconomics).
Target Level: Wisconsin students will understand how decisions are made and interactions occur among consumers (i.e., individuals and households) and producers (firms/businesses) (Microeconomics).
Precursor Level: Wisconsin students will differentiate between demand and supply and identify the factors of production.
Initial Level: Wisconsin students will identify the relationship between a consumer and producer and identify products that consumers would receive from a given producer.
Target Level: Wisconsin students will understand how decisions are made and interactions occur among consumers (i.e., individuals and households) and producers (firms/businesses) (Microeconomics).
Precursor Level: Wisconsin students will differentiate between demand and supply and identify the factors of production.
Initial Level: Wisconsin students will identify the relationship between a consumer and producer and identify products that consumers would receive from a given producer.
Essential Element: SS.EE.Econ3: Wisconsin students will identify how an economy functions as a whole (Macroeconomics).
Target Level: Wisconsin students will identify how an economy functions as a whole (Macroeconomics). Precursor Level: Wisconsin students will identify how the economy can affect people.
Initial Level: Wisconsin students will recognize that prices change over time and explore the value of saving money as it relates to changes in the economy as a whole.
Target Level: Wisconsin students will identify how an economy functions as a whole (Macroeconomics). Precursor Level: Wisconsin students will identify how the economy can affect people.
Initial Level: Wisconsin students will recognize that prices change over time and explore the value of saving money as it relates to changes in the economy as a whole.
Essential Element: SS.EE.Econ4: Wisconsin students will identify government decisions and their impact on individuals, businesses, markets, and resources (Role of Government).
Target Level: Wisconsin students will identify government decisions and their impact on individuals, businesses, markets, and resources (Role of Government).
Precursor Level: Wisconsin students will identify how economic policies and government decisions affect others.
Initial Level: Wisconsin students will identify how economic policies affect their individual or families’ lives.
Target Level: Wisconsin students will identify government decisions and their impact on individuals, businesses, markets, and resources (Role of Government).
Precursor Level: Wisconsin students will identify how economic policies and government decisions affect others.
Initial Level: Wisconsin students will identify how economic policies affect their individual or families’ lives.
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