Sign in with Google Standards for Deriving Marginalism
National Standards in Economics
Name: Decision Making
Standard: 2
- Students will understand that: Effective decision making requires comparing the additional costs of alternatives with the additional benefits. Many choices involve doing a little more or a little less of something: few choices "are all or nothing" decisions.
- Students will be able to use this knowledge to: Make effective decisions as consumers, producers, savers, investors, and citizens.
Common Core State Standards
Name: HSF-BF.A
Standard: High School: Functions
Area: High School: Functions
- Build a function that models a relationship between two quantities.
Name: HSF-IF.B
Standard: High School: Functions
Area: High School: Functions
- Interpret functions that arise in applications in terms of the context.
