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Standard 3: Economics

SST-03.3

BPSS-SST logoStandard 3:

Economic Concepts

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

 Narrative for the Economic Concepts

Through active learning experiences, third grade students gain knowledge and process information about their local community from a variety of resources. They identify important historical events, places, and persons from the past and make connections with their present community.

Students explain how people in the local community make choices about using goods, services and productive resources; how they engage in trade to satisfy their economic wants; how they use a variety of sources to gather.

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-03.3.01

3rd Grade SST Targeted Benchmarks
Standard 3: Economics

SST-03.3.01 Identify ways families and communities cooperate and compromise (e.g., fundraisers, food pantries, living within your means) to meet needs and wants.

Student Learning Targets:

Reasoning Targets

  • I can organize the differences between needs and wants.

Skills (Performance) Targets

  • I can use my knowledge of needs and wants to cooperate and compromise with my family and communities.

Proficiency Rubric

Score   Description Sample Activity
4.0 The student demonstrates in-depth understanding of academic knowledge and skills for this grade level beyond what was taught in the classroom.   -
  3.5 The student has mastered the 3.0 knowledge and has shown some 4.0 understanding.
3.0 The student demonstrates proficiency in academic knowledge and skills for this grade level. -The students will be given a prompt for a written or verbal response.  
  2.5 The student has mastered the 2.0 knowledge and has shown some 3.0 understanding.  
2.0 The student demonstrates some academic knowledge and skills for this grade level.  The student can identify the critical or essential elements of knowledge. -
  1.5 The student has mastered the 1.0 knowledge and has shown some 2.0 understanding.
1.0 The student demonstrate very limited academic knowledge and skill for this grade level.  The student performs retrieval skills.  The student can determine whether provided information is accurate, inaccurate or unknown.   -
  0.5 The student shows no understanding of the standard.  

Resources

Websites

Discovery Education

Elementary Social Studies

Parents Helping Students

Helping Your Child With Social Studies

Social Studies in Third Grade 

 

Vocabulary

  • cooperate
  • compromise
  • community
  • needs
  • wants

SST-03.3.02

BPSS-SST Important Historical Events concept logo3rd Grade (SST) Social Studies Targeted Benchmarks
Standard 3: Economic Concepts

SST-03.3.02 Explain how supply and demand affect personal economic choices (e.g., how scarcity forces people to decide which goods and services to obtain, what is given up in economic choices).

Student Learning Targets:

Knowledge Targets

  • I can

Reasoning Targets

  • I can 

Skills (Performance) Targets

  • I can

Product Targets

  • I can 

Proficiency Scale

The Student ...

(1) Beginning

  • with help, demonstrates a partial understanding of some of the simpler details and processes and some of the more complex ideas and processes.

(2) Developing

  • 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.

(3) Proficient

  • demonstrates no major errors or omissions regarding any of the information and processes that were end of instruction expectations "the standard".

(4) Advanced

  • demonstrates in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.

Resources

Vocabulary

  • list
  • list

Websites

SST-03.3.03

BPSS-SST Important Historical Events concept logo3rd Grade (SST) Social Studies Targeted Benchmarks
Standard 3: Economic Concepts

SST-03.3.03 Explain the differences among natural and human resources, and how they are used locally.

Student Learning Targets:

Knowledge Targets

  • I can

Reasoning Targets

  • I can 

Skills (Performance) Targets

  • I can

Product Targets

  • I can 

Proficiency Scale

The Student ...

(1) Beginning

  • with help, demonstrates a partial understanding of some of the simpler details and processes and some of the more complex ideas and processes.

(2) Developing

  • 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.

(3) Proficient

  • demonstrates no major errors or omissions regarding any of the information and processes that were end of instruction expectations "the standard".

(4) Advanced

  • demonstrates in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.

Resources

Vocabulary

  • list
  • list

Websites