National Standards in Economics
Name: Money and Inflation
Standard: 11
- Students will understand that: Money makes it easier to trade, borrow, save, invest, and compare the value of goods and services. The amount of money in the economy affects the overall price level. Inflation is an increase in the overall price level that reduces the value of money.
- Students will be able to use this knowledge to: Explain how their lives would be more difficult in a world with no money, or in a world where money sharply lost its value.
Common Core State Standards
Name: CCRA.R.7
Standard: College and Career Readiness Anchor Standards for Reading
Area: College and Career Readiness Anchor Standards for Reading
- Integrate and evaluate content presented in diverse media and formats, including visually and quantitatively, as well as in words.
Name: CCRA.R.8
Standard: College and Career Readiness Anchor Standards for Reading
Area: College and Career Readiness Anchor Standards for Reading
- Delineate and evaluate the argument and specific claims in a text, including the validity of the reasoning as well as the relevance and sufficiency of the evidence.
Name: CCRA.R.9
Standard: College and Career Readiness Anchor Standards for Reading
Area: College and Career Readiness Anchor Standards for Reading
- Analyze how two or more texts address similar themes or topics in order to build knowledge or to compare the approaches the authors take.
Name: RH.11-12.6
Standard: History/Social Studies -- Grade 11-12
Area: History/Social Studies -- Grade 11-12
- Evaluate authors’ differing points of view on the same historical event or issue by assessing the authors’ claims, reasoning, and evidence.
Name: RH.9-10.8
Standard: History/Social Studies -- Grade 9-10
Area: History/Social Studies -- Grade 9-10
- Assess the extent to which the reasoning and evidence in a text support the author’s claims.