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Standard 3: Economics

SST-01.3

BPSS-SST logoStandard 3:

Economic Concepts

Students understand economic concepts and the characteristics of various economic systems.

 Narrative for the Economic Concepts

At the first grade level, students develop thinking and decision-making skills through active participation as members of their school and neighborhood.  First grade students have the opportunities to discuss ways in which people are alike and different and how people around the world work and use resources to meet their needs. 

In the Economics standards students explain how people in the school and community use goods and services and make choices as both producers and consumers.

Calculation Method for Standards

Standards are larger groups of related benchmarks. The Standard Grade is a calculation of all the related benchmarks. Click on the benchmark name below each Standard to access the learning targets and proficiency rubrics for each standard's related benchmarks.

SST-01.3.01

1st Grade SST Targeted Benchmarks
Standard 3: Economics

SST-01.3.01 Differentiate between wants and needs.

Student Learning Targets:

Knowledge Targets

  • I can identify needs and wants.

Reasoning Targets

  • I can differentiate between wants and needs.

Proficiency Rubric

Score   Description Sample Activity
4.0 In addition to a proficient score of 3.0, the student demonstrates in-depth understanding and application of knowledge regarding more complex material.   -The student does independent research and share information on wants and needs and they influence the economy.  
  3.5 In addition to Score 3.0 performance, the student demonstrates in-depth inferences and applications regarding the more complex content with partial success.
3.0 The student identifies all items that represent wants and needs.   -The student will identify wants and needs through a pencil and paper assessment.  
  2.5 The student incorrectly identifies 1 item that represents wants and needs. 
2.0 The student incorrectly identifies 2 items that represent wants and needs.  -
  1.5 The student incorrectly identifies 3 items that represent wants and needs.  
1.0 The student incorrectly identifies 4 items that represent wants and needs.   -
  0.5 The students incorrectly identifies 5 or more items that represent wants and needs.  

Resources

Websites

Discovery Education

Elementary Social Studies

Parents Helping Students

Helping Your Child With Social Studies

Social Studies in First Grade 

 

Vocabulary

  • wants
  • needs

SST-01.3.02

1st Grade SST Targeted Benchmarks
Standard 3: Economics

SST-01.3.02 Describe ways (e.g., money, bartering) wants and needs are met.

Student Learning Targets:

Knowledge Targets

  • I can

Reasoning Targets

  • I can

Skills (Performance) Targets

  • I can

Product Targets

  • I can

Proficiency Scale

Score   Description Sample Activity
4.0 In addition to Score 3.0, the student demonstrates in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations. -
  3.5 In addition to Score 3.0 performance, the student demonstrates in-depth inferences and applications regarding the more complex content with partial success.
3.0 “The Standard.” The student demonstrates no major errors or omissions regarding any of the information and processes that were end of instruction expectations. -
  2.5 The student demonstrates no major errors or omissions regarding the simpler details and processes (Score 2.0 content) and partial knowledge of the more complex ideas and processes (Score 3.0 content).
2.0 The student demonstrates 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). -
  1.5 The student demonstrates partial knowledge of the simpler details and processes (Score 2.0 content) but exhibits major errors or omissions regarding the more complex ideas and procedures (Score 3.0 content).
1.0 With help, the student demonstrates 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). -
  0.5 With help, the student demonstrates a partial understanding of some of the simpler details and processes (Score 2.0 content) but not the more complex ideas and processes (Score 3.0 content).
0.0 Even with help, the student demonstrates no understanding or skill. -

Resources

Websites

Vocabulary