Monday, February 26, 2024, 10:44 AM
Site: Learnbps
Course: BPSS (SST) Social Studies Standards (S-SST)
Glossary: 6th Grade Standards
S

# Economics Domain

## Description

At the middle school level, basic economic principles are best integrated within United States history, world history, and geography. The knowledge of names and definitions is essential for acquiring knowledge; however, high-quality teaching and learning demands more than merely mastering facts and terms. Therefore, in teaching these standards, it is encouraged to use an active economic inquiry approach. Activities and assessments that require students to think, analyze, synthesize, evaluate, compare, contrast, and argue using economic habits of mind should be emphasized..

## Calculation Method for Domains

Domains are larger groups of related Standards with benchmarks. So the Domain is a calculation of all the related standards that calculate to the benchmarks. So click on the benchmark identifier below each Standards to access the learning targets and proficiency scales for each standard.

## Guiding Practice

The guiding topics for each benchmark includes various subject matter that can be used to help students reach the standard.

## Calculation Method for Standards

Standards are larger groups of related benchmarks. So the Standard is a calculation of all the related benchmarks. So click on the benchmark identifier below each Standards to access the learning targets and proficiency scales for each standard.

#### SST-06.E.01.1

6th Grade (SST) Economics Domain:
Benchmark for Standard: SST-06.E.01 Analyze the concept of scarcity when making economic decisions.

##### SST-06.E.01.1 Analyze the basic concepts of economic thinking.

Guiding Topics: Needs and wants, supply and demand, opportunity cost and tradeoffs, scarcity and choice, cost-benefit analysis, production possibilities, interpret visual representations of data (e.g., bar graphs, line graphs, pie charts)

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## Proficiency Scale

##### 1 Beginning
... with help, demonstrate a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
• descriptors
##### 2 Developing
... demonstrate no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
• descriptors
##### 3 Proficient
“The Standard.”
... demonstrate no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
• descriptors
... demonstrate in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
• descriptors

## Resources

• words
• list

### Websites

• Title of website with a URL to open in a new window

#### SST-06.E.01.2

6th Grade (SST) Economics Domain:
Benchmark for Standard: SST-06.E.01 Analyze the concept of scarcity when making economic decisions.

##### SST-06.E.01.2 Explain the factors of production.

Guiding Topics: Land, labor, capital, entrepreneurship

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## Proficiency Scale

##### 1 Beginning
... with help, demonstrate a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
• descriptors
##### 2 Developing
... demonstrate no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
• descriptors
##### 3 Proficient
“The Standard.”
... demonstrate no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
• descriptors
... demonstrate in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
• descriptors

## Resources

• words
• list

### Websites

• Title of website with a URL to open in a new window

## Guiding Practice

The guiding topics for each benchmark includes various subject matter that can be used to help students reach the standard.

## Calculation Method for Standards

Standards are larger groups of related benchmarks. So the Standard is a calculation of all the related benchmarks. So click on the benchmark identifier below each Standards to access the learning targets and proficiency scales for each standard.

#### SST-06.E.02.1

6th Grade (SST) Economics Domain:
Benchmark for Standard: SST-06.E.02 Compare and contrast how varying economic systems impact a nation and its citizens.

##### SST-06.E.02.1 Describe the difference between a command/centrally planned economy and market economy.

Guiding Topics: Communism, socialism, capitalism, free market economy, free enterprise system, mixed economy

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## Proficiency Scale

##### 1 Beginning
... with help, demonstrate a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
• descriptors
##### 2 Developing
... demonstrate no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
• descriptors
##### 3 Proficient
“The Standard.”
... demonstrate no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
• descriptors
... demonstrate in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
• descriptors

## Resources

• words
• list

### Websites

• Title of website with a URL to open in a new window

## Guiding Practice

The guiding topics for each benchmark includes various subject matter that can be used to help students reach the standard.

## Calculation Method for Standards

Standards are larger groups of related benchmarks. So the Standard is a calculation of all the related benchmarks. So click on the benchmark identifier below each Standards to access the learning targets and proficiency scales for each standard.

#### SST-06.E.03.1

6th Grade (SST) Economics Domain:
Benchmark for Standard: SST-06.E.03 Analyze how supply and demand impact the allocation of goods and services.

##### SST-06.E.03.1 Explain the law of supply and demand.

Guiding Topics: Supply and demand, schedules and curves, equilibrium, elasticity

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## Proficiency Scale

##### 1 Beginning
... with help, demonstrate a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
• descriptors
##### 2 Developing
... demonstrate no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
• descriptors
##### 3 Proficient
“The Standard.”
... demonstrate no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
• descriptors
... demonstrate in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
• descriptors

## Resources

• words
• list

### Websites

• Title of website with a URL to open in a new window

#### SST-06.E.03.2

6th Grade (SST) Economics Domain:
Benchmark for Standard: SST-06.E.03 Analyze how supply and demand impact the allocation of goods and services.

##### SST-06.E.03.2 Compare and contrast perfect and imperfect competition.

Guiding Topics: Monopolistic competition, monopolies, oligopolies, trusts, cartel

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## Proficiency Scale

##### 1 Beginning
... with help, demonstrate a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
• descriptors
##### 2 Developing
... demonstrate no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
• descriptors
##### 3 Proficient
“The Standard.”
... demonstrate no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
• descriptors
... demonstrate in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
• descriptors

## Resources

• words
• list

### Websites

• Title of website with a URL to open in a new window

#### SST-06.E.03.3

6th Grade (SST) Economics Domain:
Benchmark for Standard: SST-06.E.03 Analyze how supply and demand impact the allocation of goods and services.

##### SST-06.E.03.3 Analyze the impact of the supply and demand on prices.

Guiding Topics: Equilibrium price shortages, surplus

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## Proficiency Scale

##### 1 Beginning
... with help, demonstrate a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
• descriptors
##### 2 Developing
... demonstrate no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
• descriptors
##### 3 Proficient
“The Standard.”
... demonstrate no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
• descriptors