MS Grade Standards


Economics

SST-MS.E

BPSS-SST-logo

 6-8 Social Studies

 Economics Domain

BPS-s SST Economics logo

Standards

  • SST-MS.E.01 Analyze the concept of scarcity when making economic decisions.
  • SST-MS.E.02 Compare and contrast how varying economic systems impact a nation and its citizens.
  • SST-MS.E.03 Analyze how supply and demand impact the allocation of goods and services.
  • SST-MS.E.04 Analyze the various institutions that drive and support the market economy.
  • SST-MS.E.05 Evaluate the various macroeconomic measurements available to determine an economy’s size and strength.
  • SST-MS.E.06 Analyze how globalization has impacted various aspects of economies around the world.
  • SST-MS.E.07 Evaluate the elements of responsible personal finance.

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.


SST-MS.E.01

BPS-s SST Economics logo
Middle School (SST) Social Studies
Economics Standard

SST-MS.E.01 Analyze the concept of scarcity when making economic decisions.


Benchmarks

  • SST-MS.E.01.1 Analyze the basic concepts of economic thinking.
  • SST-MS.E.01.2 Describe the difference between a command/centrally planned economy and market economy.

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-MS.E.02

BPS-s SST Economics logo
Middle School(SST) Social Studies
Economics Standard

SST-MS.E.02 Compare and contrast how varying economic systems impact a nation and its citizens.


Benchmarks

  • SST-MS.E.01.1 Describe the difference between a command/centrally planned economy and market economy.

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-MS.E.03

BPS-s SST Economics logo
Middle School (SST) Social Studies
Economics Standard

SST-MS.E.03 Analyze how supply and demand impact the allocation of goods and services.


Benchmarks

  • SST-MS.E.03.1 Explain the law of supply and demand.
  • SST-MS.E.03.2 Compare and contrast perfect and imperfect competition.
  • SST-MS.E.03.3 Analyze the impact of the supply and demand on prices.

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-MS.E.04

BPS-s SST Economics logo
Middle School (SST) Social Studies
Economics Standard

SST-MS.E.04 Analyze the various institutions that drive and support the market economy.


Benchmarks

  • SST-MS.E.04.1 Explain the role of businesses and financial institutions in a market economy.
  • SST-MS.E.04.2 Evaluate the role of government in a market economy.
  • SST-MS.E.04.3 Explain the functions and role of money.

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-MS.E.05

BPS-s SST Economics logo
Middle School (SST) Social Studies
Economics Standard

SST-MS.E.05 Evaluate the various macroeconomic measurements available to determine an economy’s size and strength.


Benchmarks

  • SST-MS.E.05.1 Describe various measurements of macroeconomics.

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-MS.E.06

BPS-s SST Economics logo
Middle School (SST) Social Studies
Economics Standard

SST-MS.E.06 Analyze how globalization has impacted various aspects of economies around the world.


Benchmarks

  • SST-MS.E.06.1 Describe how trade generates economic development and interdependence.
  • SST-MS.E.06.2 Analyze the benefits and costs for individuals, producers, and governments in international trade.

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-MS.E.07

BPS-s SST Economics logo
Middle School (SST) Social Studies
Economics Standard

SST-MS.E.07 Evaluate the elements of responsible personal finance.


Benchmarks

  • SST-MS.E.07.1 Evaluate career choices and the effect on the standard of living.
  • SST-MS.E.07.2 Evaluate the effect of taxes and other factors on income.
  • SST-MS.E.07.3 Develop short- and long-term financial goals.
  • SST-MS.E.07.4 Analyze the cost and benefits of different types of credit and debt; and the rights and responsibilities of borrowers.
  • SST-MS.E.07.5 Develop strategies to avoid and manage debt effectively.

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.