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Unit 1 Econ Intro

Grade Level:
12
Subject:
Economics
Start Date:
End Date:
Goal Summary:
To create a comprehensive understanding of the foundations of modern economics using 21st century learning skills.
Standards Met:
IDs Only
Detail
Essential Questions:
1. How does a country assess and determine which of their domestic resources will be cultivated and provided to the international market?
2. What makes a resource scarce and how does scarcity effect poverty in non-industrialized nations?
3. How will the type of resource effect economic activity and full employment?
4. In what ways do we place a value on opportunity cost and why is opportunity cost invaluable in the economic decision making progress?

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