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					                                                                                                                                                  Economics                 Page 1
                                                                 Social Studies Standard
                                                                       High School

                                           Economics/Free Enterprise
                                                Course # 2510

                                                      Scope and Sequence
Strand 5: Economics
The goal of the economics strand is to enable students to make reasoned judgments about both personal economic
questions and broader questions of economic policy. Students will develop an economic way of thinking and problem
solving to understand and apply basic economic principles to decisions they will make as consumers, members of the
workforce, citizens, voters, and participants in a global marketplace. This will prepare students to weigh both short-term
and long-term effects of decisions as well as possible unintended consequences. The study of economics explains
historical developments and patterns, the results of trade, and the distribution of income and wealth in local, regional,
national, and world economies. Students will be able to analyze current issues and public policies and to understand the
complex relationships among economic, political, and cultural systems.

                                                                               Coding Key:
                                                                           SS: Social Studies
                                                                            HS: High School
                                                                        S5: Strand 5 Economics
                                                                              C#: Concept #
                                                                      ##: Performance Objective #
                                                                        Example: SSHS-S5C1-01
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                  Economics                 Page 2
                                                                 Social Studies Standard
                                                                       High School
Abbreviations Used:
EPP- Economic Principles and Practices (Glencoe)
      2.1- Chapter 2, Section 1
ERD- Economic Resource Disc (District supplied)
RESG- Reading Essentials and Study Guide (Glencoe)
DFT- Daily Focus Transparencies (Glencoe)
SIW- Skill builder Interactive Workbook (Glencoe)

Strand 5 Concept 1 Foundations of Economics
The foundations of economics are the application of basic economic concepts and decision-making skills. This includes
scarcity and the different methods of allocation of goods and services.

Performance Objectives                           Possible Strategies or                           Possible Assessment                              Possible Resources
                                                 Activities
          SSHS-S5C1-O4

Evaluate the economic                            Current events presentations                     Current events rubric (ERD)                      CNN, CNBC, or any news
implications of current events                   (ERD)                                            Peer evaluation                                  channel
from a variety of sources (e.g.,                 Evaluate economic cartoons                       Teacher observation                              http://www.usatoday.com/mon
magazine articles, newspaper                     Weekly Economics current                         Oral presentation                                ey/default.htm
articles, radio, television                      event summary (ERD)                              Economic Issues Poster rubric                    CNBC – Jim Cramer’s Mad
reports, editorials, Internet                    Economic Issues Poster (ERD)                     (ERD)                                            Money
sites).                                                                                           Visual product                                   http://www.cnbc.com/id/15838
                                                                                                                                                   459/site/14081545/
                                                                                                                                                   Arizona Republic newspaper
                                                                                                                                                   www.azcentral.com
                                                                                                                                                   Economic Resource Disk
                                                                                                                                                   (ERD)
          SSHS-S5C1-O5

i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                  Economics                 Page 3
                                                                 Social Studies Standard
                                                                       High School
Interpret economic                               Textbook questions p. Txvii –                    Teacher created rubric                           Economics: Principles and
information using charts,                        Txix                                             Chapter assessment                               Practices (EPP)
tables, graphs, equations, and                   Integrate into stock market                      Data displays                                    ERD
diagrams.                                        activity                                         Visual products                                  http://score.rims.k12.ca.us/sco
                                                 Incorporate into lessons                         Chapter assessment/quiz                          re_lessons/cartoon_port/
          SUSD-S5C1-01                           throughout (supply and                                                                            http://www.escapefromknab.c
                                                 demand, production                                                                                om/
Utilize information to explain,                  possibility frontier, etc.)                                                                       http://www.learner.org/channel
analyze, synthesize, evaluate,                                                                                                                     /workshops/economics/works
and predict economic                                                                                                                               hop2.html#
behavior, trends, and                            “Economic Book Review”:                                                                           http://www.unitedstreaming.co
outcomes.                                        Read, summarize, react to, and                                                                    m/
                                                 report on an economic book of                                                                     (SIW) Glencoe Skillbuilder
                                                 choice (ERD)                                                                                      Interactive Workbook
                                                 “Economic Cartoon Portfolio”
                                                 (score website) - React to and                                                                    Books:
                                                 explain economic cartoons                                                                         Freakonomics by Steven
                                                 AND/OR “Interpreting Political                                                                    Levitt.
                                                 Cartoons Guided Practice and
                                                 Assessment” (SIW)                                                                                 http://www.freakonomics.com/
                                                 Computer Simulation-                                                                              thebook.php
                                                 Students become workers on
                                                 the planet Knab, making                                                                           Naked Economics by C.
                                                 decisions about how to spend                                                                      Phelan
                                                 their money on housing,
                                                 transportation, savings, and                                                                      http://www.nakedeconomics.c
                                                 investments. Only if they make                                                                    om/
                                                 wise decisions will they be
                                                 able to get off of Knab.
                                                 (ASSET website)
                                                 The Economics Classroom
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                  Economics                 Page 4
                                                                 Social Studies Standard
                                                                       High School
                                                 Videos (found through ASSET)
                                                 on topics such as: how
                                                 economists think, markets,
                                                 government, saving, trading,
                                                 macro, monetary and fiscal
                                                 policy, and entrepreneurship.
                                                 (Learner website)
                                                 Unitedstreaming videos
                                                 appropriate for Economics
                                                 grade 9-12 (see website)
                                                 Unitedstreaming video
                                                 segments appropriate for
                                                 Economics grade 9-12 (see
                                                 website)
           SSHS-S5C1-O1

Analyze the implications of                      (a) EPP 1.1                                      Teacher observation                              EPP
scarcity:                                        (a) Read Easter’s End by Jared                   Evaluation of critical thinking                  Reading Essentials and Study
a. limited resources and                         Diamond (ERD) and discuss                        processes (for activities)                       Guide (RESG)
   unlimited human wants                         unlimited wants and scarcity.                    Teacher created rubric                           ERD
   influence choice at                           Use worksheet questions                          Visual displays
   individual, national, and                     (ERD)                                            Chapter assessment/quiz                          Lesson Plans and activities:
   international levels                          (a) Create bulletin board of                                                                      Foundation for Teaching Econ
b. factors of production (e.g.,                  photographs or magazine                                                                           http://www.fte.org/teachers/pr
   natural, human, and capital                   clippings of scarce resources                                                                     ograms/efl/lessons/lesson1.ht
   resources,                                    (a) “Good Parking Spots at                                                                        m
   entrepreneurship,                             ASU” activity (ERD)
   technology)                                   (a,b) RESG p. 1-3
c. marginal analysis by                          (b) EPP 1.1
   producers, consumers,                         (b) Work in small groups to
   savers, and investors                         design posters that illustrate
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                                    Economics                 Page 5
                                                                                   Social Studies Standard
                                                                                         High School
                  [SUSD Note: Marginal analysis                    the four factors of production
                  is being used synonymously                       (b) Utilize the four factors of
                  with cost-benefit analysis]                      production to categorize lists
                                                                   of items and people
                                                                   (c) EPP 1.2-3
                                                                   (c) “Making Guns and Butter”
                                                                   activity (ERD)
                                                                   (c) “An Exercise in Economic
                                                                   Reasoning” activity (ERD)
                            SSHS-S5C1-O2
lyze production
                  Analyze production                               EPP 1.3, EPP 5.2-3                               Teacher observation                              Current events articles
                  possibilities curves to                          Daily Focus Transparency 2                       Teacher created rubric                           displaying current government
                  describe opportunity costs                       Construct the classic example                    Data displays                                    spending and the trade-offs
                  and trade-offs.                                  of Guns vs. Butter graph                         Chapter assessment/quiz                          made
                                                                   Make similar graphs                                                                               Daily Focus Transparencies
                                                                   describing their own trade-offs                                                                   (DFT)
                                                                   “Making Guns and Butter”                                                                          RESG
                                                                   activity (ERD)                                                                                    ERD
                                                                   RESG p. 7-9


                            SSHS-S5C4-O1

                  Analyze the similarities and                     (a,b) EPP 2.1, 2.3                               Teacher observation                              ERD
                  differences among economic                       (a) RESG p.179                                   Teacher created rubric                           EPP
                  systems:                                         (a) “Jewelry” Activity (ERD)                     Visual product                                   RESG
                  a. characteristics of market,                    (a) Create chart of                              Chapter assessment/quiz                          http://www.econedlink.org/less
                      command, and mixed                           characteristics, benefits, and                                                                    ons/index.cfm?lesson=EM462
                      economic systems,                            drawbacks of each economic                                                                        &page=teacher
                      including roles of                           system                                                                                            http://www.econedlink.org/less
                  i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
                  e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
                  situation
                  italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
                  match the grade level expectations
                  Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                  Economics                 Page 6
                                                                 Social Studies Standard
                                                                       High School
   production, distribution,                     Read and write reactions to                                                                       ons/index.cfm?lesson=EM582
   and consumption of goods                      Communist Manifesto excerpt                                                                       &page=teacher
   and services                                  (ERD); Discuss and/or debate                                                                      http://www.econedlink.org/less
b. benefits and costs of                         (a,b,c) Complete three                                                                            ons/index.cfm?lesson=EM186
   market and command                            economic systems worksheet                                                                        &page=teacher
   economies                                     (ERD)                                                                                             www.bls.gov
c. characteristics of the                        (b) Discussion on advantages                                                                      www.infoplease.com
   mixed-market economy of                       and disadvantages of market
   the United States,                            and command economies
   including such concepts                       (b) Venn diagram of Somalia
   as private ownership, profit                  and Cuba (could use any
   motive, consumer                              examples of near pure
   sovereignty, competition,                     economies)
   and government                                (c) EPP 2.2-3
   regulation                                    (d) Tragedy of the commons
d. role of private property in                   simulation
   conserving scarce                             (d) “The Mystery of Is It Mine
   resources and providing                       or Ours?” Lesson (EconEdlink
   incentives in a market                        website) OR,
   economy                                       (d) “New Sense, Inc vs. Fish
                                                 Till U Drop, or Coase vs.
                                                 Pigou” Lesson (EconEdlink
                                                 website) OR,
                                                 (d) “Online Mayhem 1:
                                                 Metallica vs. Napster” Lesson
                                                 (EconEdlink website)

          SSHS-S5C1-O3

Describe the characteristics of                  EPP 2.2-3                                        Teacher created rubric                           Internet
the mixed-market economy of                      RESG p. 15-17                                    Teacher observation                              Library
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                  Economics                 Page 7
                                                                 Social Studies Standard
                                                                       High School
the United States:                               Research and find visual                         Peer observation                                 RESG
                                                 images that illustrate a mixed-                  Oral presentations                               EPP
a.   property rights                             market economy                                   Visual products                                  DFT
b.   profit motive                               Present and justify selections                   Chapter assessment/quiz                          ERD
c.   consumer sovereignty                        in an oral report
d.   competition                                 “The Free Market Game”                                                                            To download copy of the
e.   role of the government                      Activity (ERD)                                                                                    US Constitution and
f.   rational self-interest                      Daily Focus Transparency 7                                                                        interesting facts and trivia:
g.   invisible hand                              RESG p. 15-16
                                                 Debate/discuss the benefits                                                                       http://www.constitutioncenter.
                                                 and drawbacks of each                                                                             org/constitutionday/display/Nc
                                                 characteristic                                                                                    cP/Printable+Text+of+U.S.+Co
          SUSD-S5C1-02                                                                                                                             nstitution+(PDF)
                                                 Each student highlights all
                                                 economic rights or policy in                                                                      http://www.fte.org/teachers/pr
Interpret the constitutional
                                                 their copy of US Constitution.                                                                    ograms/history/lessons/lesson
basis for the U.S. mixed
                                                                                                                                                   02.htm
market economic system
                                                 Discuss whether the
                                                 Constitution is more a political
                                                 document or an economic
                                                 one.

                                                 Locate and list the
                                                 phrases/sections within the
                                                 U.S. Constitution that provide
                                                 the basis for U.S. economic
                                                 practice




i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                                   Economics                 Page 8
                                                                                  Social Studies Standard
                                                                                        High School
                 Strand 5 Concept 2: Microeconomics
                 Microeconomics examines the costs and benefits of economic choices relating to individuals, markets and industries, and
                 governmental policies.

                 Performance Objectives                           Possible Strategies or                           Possible Assessment                              Possible Resources
                                                                  Activities
                           SSHS-S5C2-O2
lyze productio
                 Describe how markets                             (a) EPP 4.1-3; 5.1-3                             Teacher observation                              http://econedlink.org/lessons/i
                 function:                                        (a,b,c,d) Provide students with                  Teacher created rubric                           ndex.cfm?lesson=EM369&pag
                 a. laws of supply and                            data to plot on a supply and                     Data displays                                    e=teacher
                    demand; elasticity of                         demand graph—Demonstrate                         Visual products                                  EPP
                    supply and demand                             knowledge of shortages and                       Chapter assessment/quiz                          ERD
                 b. how a market price is                         surpluses on graph                                                                                RESG
                    determined                                    (b,c) EPP 6.1-2                                                                                   http://econedlink.org/lessons/i
                 c. how graphs demonstrate                        (b) “Lemon Squeeze-The                                                                            ndex.cfm?lesson=EM47&page
                    changes in supply and                         Lemonade Stand” Lesson                                                                            =teacher
                    demand                                        (EconEdlink website)
                 d. how price ceilings and                        (b.c) “Consider the Donut”
                    floors cause shortages or                     Activity (ERD)
                    surpluses                                     (b,c,d) “Who Knows What
                 e. comparison of                                 Inefficiencies Lurk in the
                    monopolistic and                              Hearts of Rent Controlled
                    competitive behaviors                         Housing Markets? The
                 f. theory of production and                      Shadow Market Knows!”
                    the role of cost                              Lesson (EconEdlink website)
                                                                  (d) EPP 6.3
                                                                  (e) EPP 7.1
                                                                  (e) Compare various types of
                                                                  competition
                 i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
                 e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
                 situation
                 italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
                 match the grade level expectations
                 Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                  Economics                 Page 9
                                                                 Social Studies Standard
                                                                       High School
                                                 (e) “What Market Structure Am
                                                 I” Activity (ERD)
                                                 (f) EPP 5.1-3; 6.1-3
                                                 (f) RESG p. 45-54
                                                 (f) Read a production costs
                                                 table and locate the profit
                                                 maximizing point
          SSHS-S5C2-O1

Describe how the                                 (a) EPP 2.3                                      Teacher created rubric                           EPP
interdependence of both                          (a,c) RESG p. 16                                 Teacher observation                              RESG
households and firms is                          (a,c)“Fad or Fortune” Lesson                     Visual Products                                  http://econedlink.org/lessons/i
affected by trade, exchange,                     (EconEdlink website)                             Chapter assessment/quiz                          ndex.cfm?lesson=EM579&pag
money, and banking:                              (b) EPP 1.2                                                                                       e=teacher
a. why voluntary exchange                        (b) Draw and label a circular                                                                     http://econedlink.org/lessons/i
    occurs only when all                         flow chart                                                                                        ndex.cfm?lesson=EM552&pag
    participating parties expect                 (b,c) “To Buy or Not to Buy”                                                                      e=teacher
    to gain from the exchange                    Lesson (EconEdlink website)                                                                       ERD
b. role and interdependence                      (c ) EPP 1.2, 2.3, p.11                                                                            “Demystifying Money” video
    of households, firms, and                    (c) Interview a local business                                                                    by the Durell Institute
    government in the                            owner and write a paper                                                                           http://www.econedlink.org/less
    circular flow model of                       consisting of profit incentive                                                                    ons/index.cfm?lesson=EM542
    economic activity                            and business risks                                                                                &page=teacher
c. role of entrepreneurs in a                    (c) “The Free Market Game”
    market economy and how                       Activity (ERD)                                                                                    Fun Entrepreneurial examples:
    profit is an incentive that                  (e) EPP 2.3, 7.3                                                                                  Betty Nesmith – Liquid Paper
    leads entrepreneurs to                       (e) Read Enron article (ERD)                                                                      http://inventors.about.com/od/l
    accept risks of business                     and/or watch the documentary                                                                      startinventions/a/liquid_paper.
    failure                                      “Enron: The Smartest Guys in                                                                      htm
d. [MOVED TO FOLLOWING                           the Room”                                                                                         Phil Knight – Nike Shoes
    SECTION]                                     (e) Write a reaction on the                                                                       http://www.answers.com/topic/
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 10
                                                                 Social Studies Standard
                                                                       High School
e. importance of rule of law in                  Enron scandal and draw an                                                                         phil-knight
   a market economy for                          economic cartoon                                                                                  Ruth Furtell – Ruth’s Chris
   enforcement of contracts                      representing the event                                                                            Steakhouse
                                                 (e) Debate the merits and                                                                         http://www.ruthschris-
                                                 drawbacks of government                                                                           toronto.com/html/about/about
                                                 regulation or different types of                                                                  _ruth.shtml
                                                 government regulation
                                                 (e) Research the history of the
                                                 SEC, legislation, or the courts
                                                 on business practices; share
                                                 beneficial examples of
                                                 business regulation



                                                 EPP 3.1-3
                                                 Compare and contrast the
                                                 benefits and drawbacks of
                                                 various types of business
          SUSD-S5C2-01                           organizations.
                                                 Select the appropriate type of
Describe various forms of                        business organization given
business organization (single                    different scenarios.
proprietorship, partnership,                     Compare and contrast the
corporation) and non-financial                   effects different types of                                                                        http://www.econedlink.org/less
institutions, and analyze their                  business organizations have                                                                       ons/index.cfm?lesson=EM533
impact on the economy.                           on their communities and the                                                                      &page=teacher
                                                 world.



i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 11
                                                                 Social Studies Standard
                                                                       High School
                                                 EPP 8.1-4
                                                 “Parents Job Analysis”- (ERD)
                                                 Create a poster that illustrates
                                                 the evolution and/or impacts
                                                 of unions on business
                                                 practices and workers’
          SUSD-S5C2-02                           rights/compensation
                                                 Journal the effects of unions
Analyze the determinants of                      from the vantage point of a
employment levels and wages                      business owner and a worker.
and the impact of unionization                   “Worker Safety-The Triangle
on business practices, and                       Fire Legacy” (EconEdlink
identify current labor trends                    website)
and issues.                                      Create a poster that illustrates
                                                 current labor trends and/or
                                                 issues.
                                                 Jigsaw current labor trends
                                                 and/or issues and hold a
                                                 round-table or panel
                                                 discussion or debate

          SSHS-S5C2-01

[Describe workings of]                           (d) EPP 1.2, 11.1-3, 12.1                        Teacher observation                              EPP
d. financial institutions                        (d) Create a chart illustrating                  Teacher created rubric                           ERD
and securities markets                           differences between various                      Data displays                                    Any online brokerage firm
                                                 financial institutions                           Student observations                             (Ameritrade, Charles Schwab,
                                                                                                  Chapter assessment/quiz                          Fidelity, Vanguard, Scot trade,
                                                                                                                                                   etc.)
          SSHS-S5C5-O3
                                                                                                                                                   www.gold-
                                                 Complete necessary                                                                                eagle.com/gold_digest_01/vro
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 12
                                                                 Social Studies Standard
                                                                       High School
Determine short- and long-                       investment forms and attach                                                                       nsky012201.html
term financial goals and plans,                  written rationale of choices                                                                      www.fool.com/money/allabouti
including income, spending,                      Stock Market simulation                                                                           ras/allaboutiras03.htm
saving, and investing.                           Timeline of financial goals                                                                       www.fool.com/school/basics/b
                                                 Jigsaw information on stocks,                                                                     asics.htm
                                                 bonds, pensions, money
                                                 market, IRA, CD’s,
                                                 mutual/index funds, etc.)
                                                 Rank investments by risk: Use
                                                 Investing Lecture Outline
                                                 (ERD)
                                                 Conduct an informal poll
                                                 among people they know to
                                                 discover how many save and
                                                 for what reasons                                 Students input a $4,000 start
                                                 Demonstrate changes in                           by age 20 and add only $25
                                                 investment earnings with                         per month. Discover what it                      http://cgi.money.cnn.com/tool
                                                 variable age and return rates                    becomes by the time they                         s/savingscalc/savingscalc.htm
                                                 with Excel: Future Value of                      retire.                                          l
                                                 Investment spreadsheet (ERD)

                                                 Demonstrate how saving over
                                                 time is so powerful. Use “tax
                                                 deferred” to display power of
                                                 IRAs
          SSHS-S5C5-O6

 Identify investment options,                    EPP 12.2-3                                       Teacher observation                              EPP
 (e.g., stocks, bonds, mutual                    Complete necessary                               Teacher created rubric                           ERD
funds) available to individuals                  investment forms and attach                      Data displays                                    Any online brokerage firm
        and households.                          written rationale of choices                     Student observations                             (Ameritrade, Charles Schwab,
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 13
                                                                 Social Studies Standard
                                                                       High School
                                                 Stock Market simulation                          Chapter assessment/quiz                          Fidelity, Vanguard, Scottrade,
                                                 Timeline of financial goals                                                                       etc.)
                                                 Jigsaw information on stocks,                                                                     www.fool.com/money/allabouti
                                                 bonds, pensions, money                                                                            ras/allaboutiras03.htm
                                                 market, IRA, CD’s,                                                                                www.fool.com/school/basics/b
                                                 mutual/index funds, etc.)                                                                         asics.htm
                                                 Rank investments by risk: Use                                                                     http://finance.yahoo.com/q/bc
                                                 Investing Lecture Outline                                                                         ?s=^DJI&t=my&I=on&z=I&q=I
                                                 (ERD)                                                                                             &c=
                                                 Conduct an informal poll
                                                 among people they know to
                                                 discover how many save and
                                                 for what reasons
                                                 Demonstrate changes in                                                                            http://www.smartmoney.com/u
                                                 investment earnings with                                                                          niversity/?nav=dropTab
                                                 variable age and return rates
                                                 with Excel: Future Value of
                                                 Investment spreadsheet (ERD)


          SSHS-S5C5-O5

Explain the risk, return, and                    EPP 12.2-3                                       Teacher observation                              EPP
liquidity of short- and long-                    Complete necessary                               Teacher created rubric                           ERD
term saving and investment                       investment forms and attach                      Data displays                                    Any online brokerage firm
vehicles.                                        written rationale of choices                     Student observations                             (Ameritrade, Charles Schwab,
                                                 Stock Market simulation                          Chapter assessment/quiz                          Fidelity, Vanguard, Scot trade,
                                                 Timeline of financial goals                                                                       etc.)
                                                 Have student’s jigsaw
                                                 information on stocks, bonds,
                                                 pensions, money market, IRA,
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 14
                                                                 Social Studies Standard
                                                                       High School
                                                 CD’s, mutual/index funds, etc.)                                                                   Site for Stock Market
                                                 Rank investments by risk: Use                                                                     simulation:
                                                 Investing Lecture Outline                                                                         http://www.arizonasms.com/
                                                 (ERD)
                                                 Conduct an informal poll
                                                 among people they know to                                                                         http://www.smartmoney.com/u
                                                 discover how many save and                                                                        niversity/investing101/riskvsre
                                                 for what reasons                                                                                  ward/index.cfm?story=intro
                                                 Demonstrate changes in
                                                 investment earnings with
                                                 variable age and return rates
                                                 with Excel: Future Value of
                                                 Investment spreadsheet (ERD)


          SSHS-S5C5-O4

Compare the advantages and                       Review types of credit and list                  Teacher observation                              www.thesite.org/homelawand
disadvantages of using                           pros and cons of each (the site                  Discussion                                       money/money/creditanddebt/t
various forms of credit and the                  website)                                         Teacher created rubric                           ypesofcredit
determinants of credit history.                  “My Credit Rating: Why                           Chapter assessment/quiz                          http://www.econedlink.org/less
                                                 Should I Care?” Lesson                                                                            ons/index.cfm?lesson=MM188
                                                 (EconEdlink website)                                                                              &page=teacher

                                                 Ask students to get a free                                                                        Only truly free site for Credit
                                                 credit report (18 and older). ID                                                                  Report (1 per year per person):
                                                 theft is highest in the under 21                                                                  https://www.annualcreditrepor
                                                 yr group.                                                                                         t.com/cra/index.jsp



i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 15
                                                                 Social Studies Standard
                                                                       High School
Strand 5 Concept 3: Macroeconomics
Macroeconomics examines the costs and benefits of economic choices made at a societal level and how those choices
affect overall economic well being.

Performance Objectives                           Possible Strategies or                           Possible Assessment                              Possible Resources
                                                 Activities
          SSHS-S5C3-O1

Determine how inflation,                         EPP 13.1-4                                       Teacher observation                              http://econedlink.org/lessons/i
unemployment, and gross                          A Case Study: Gross Domestic                     Teacher created rubric                           ndex.cfm?lesson=EM225&pag
domestic product statistics                      Product – May 25, 2006                           Chapter assessment/quiz                          e=teacher
are used in policy decisions.                    (EconEdlink website)                                                                              EPP
                                                 EPP p. 384-385: Cybernomics                                                                       RESG
                                                 Spotlight
                                                 RESG p.140-148

          SUSD-S5C3-01

Describe the business cycle                      EPP 14.1-4                                       Teacher Observation                              RESG
and market/performance                           RESG p.142-144                                   Teacher created rubric                           http://econedlink.org/lessons/i
characteristics of each stage                    “Sinking Feeling about the                       Chapter assessment/quiz                          ndex.cfm?lesson=EM19&page
(inflation, unemployment,                        Titanic” Lesson (EconEdlink                                                                       =teacher
capital spending, interest                       website) OR,                                                                                      http://econedlink.org/lessons/i
rates, etc.).                                    “Was Babe Ruth Underpaid?”                                                                        ndex.cfm?lesson=EM604&pag
                                                 Lesson (EconEdlink website)                                                                       e=teacher
                                                 Create your own Student Price                                                                     http://www.fte.org/teachers/les
                                                 Index (FTE)                                                                                       sons/prize/creating_index.htm

          SSHS-S5C3-O2

i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 16
                                                                 Social Studies Standard
                                                                       High School
Explain the effects of inflation                 List possible effects of                         Teacher Observation                              EPP
and deflation on different                       inflation or deflation on                        Teacher created rubric
groups (e.g., borrowers v.                       different individuals or groups                  Chapter assessment/quiz
lenders, fixed income/cost of                    of people
living adjustments).                                                                                                                               Virtual Economics CD; Also in
                                                 Role playing game on who                                                                          AP Macroeconomics
                                                 benefits and who is hurt by                                                                       Workbook
                                                 inflation:
           SSHS-S5C3-O3

Describe the economic and                        EPP 14.1-4                                       Teacher created rubric                           www.bls.gov
non-economic consequences                        Compare various                                  Teacher observation                              www.infoplease.com
of unemployment.                                 communities’ unemployment                        Journal entry                                    http://www.econedlink.org/less
                                                 rates and their demographics;                    Chapter assessment/quiz                          ons/index.cfm?lesson=EM154
                                                 analyze effect of                                                                                 &page=teacher
                                                 unemployment on measures
                                                 of social health (crime, birth
                                                 rate, marriage rate, income,
                                                 government aid)
                                                 Compare and contrast the
                                                 effects of differing periods of
                                                 competing fiscal policy (1932-
                                                 1945; 1961-1973; 1980-1992;
                                                 1992-2000; 2001 to present)
                                                 Journal the daily life of an
                                                 employed person versus an
                                                 unemployed person
                                                 Interview an unemployed
                                                 person

                                                 Ask students to recount if
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 17
                                                                 Social Studies Standard
                                                                       High School
                                                 their family or a friend or
                                                 relative went unemployed.
                                                 What were the social costs
          SUSD-S5C3-02                           and impact on the lives around
                                                 that person?
Describe market failures,
including externalities,
                                                 EPP 7.1-3
monopolies, cartels, public
                                                 Compete in groups to create a
goods, and incomplete
                                                 list of externalities, positive
information.
                                                 and/or negative.
                                                 Identify near monopolies and
                                                 oligopolies in the current
                                                 marketplace.
          SUSD-S5C3-03

Analyze poverty and the                          EPP 14.4
unequal distribution of income                   “The American Standard of
and wealth, as well as their                     Living- For Better or for
causes and consequences to                       Worse” (EconEdlink website)
society and the economy.                         Read and react to articles on
                                                 poverty and unequal
                                                 distribution of income and/or
                                                 wealth.
                                                 Create a chart of economic
                                                 problems associated with
                                                 dramatically unequal
                                                 distribution of income/wealth
                                                 and possible consequences.


i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 18
                                                                 Social Studies Standard
                                                                       High School
          SSHS-S5C2-O3

Describe how government                          (a) Social issues report                         Teacher observation                              ERD
policies influence the                           (a,b) “Grading on a curve”                       Teacher created rubric                           www.irs.gov
economy:                                         Lesson (NY Times website)                        Visual Products                                  Newspaper
a. need to compare costs and                     (b) EPP 10.1-4                                   Chapter assessment/quiz                          Internet
   benefits of government                        (b) “Newspaper Headlines”                                                                         Library
   policies before taking                        Activity (ERD)— Fill in leftover                                                                  www.az.gov
   action                                        spots with current headlines                                                                      RESG
b. use of federal, state, and                    (b) Introduce students to                                                                         www.kowaldesign.com/budget
   local government spending                     American government budget                                                                        /
   to provide national                           and spending (kowaldesign                                                                         www.nathannewman.org/nbs
   defense; address                              website)                                                                                          www.heartland.org/PrinterFrie
   environmental concerns;                       (b) Do National Budget                                                                            ndly.cfm?theType=artId&theID
   define and enforce                            Simulation (Nathan Newman                                                                         =14588
   property, consumer and                        website)
   worker rights; regulate                       (c) EPP 9.1-4
   markets; and provide                          (c) “Taxes” Activity (ERD)
   goods and services                            (c) Fill out a 1040 EZ form with
c. effects of progressive,                       students
   proportional, and                             (c) Complete the type-of-
   regressive taxes on                           tax/level of government chart
   different income groups;                      (ERD)
   types of taxes at different                   (c) RESG p. 76-79
   levels of government;                         (d) Research and read
   current tax issues                            information on current                                                                            http://www.ssa.gov/history/Int
d. role of self-interest in                      government officials and their                                                                    ernetMyths.html
   decisions of voters,                          platform from Arizona
   elected officials, and public
   employees                                     Explore myths of Social
                                                 Security
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 19
                                                                 Social Studies Standard
                                                                       High School

          SSHS-S5C3-O4
                                                 Ask students to draw a pie
Analyze fiscal policy and its                    chart allocating how the                         Teacher observation                              ERD
effects on inflation,                            Federal Government spend                         Teacher created rubric                           RESG
unemployment, and economic                       money. They are given 5                          Peer evaluation                                  EPP graphs and charts
growth.                                          categories:                                      Student Observation
                                                 Defense, Foreign Aid, Interest,                  Data Displays                                    Pie Chart of Federal
                                                 Social Programs and Other.                       Oral Presentations                               Government Expenditures:
                                                 Do in color! Then display                        Chapter assessment/quiz                          http://uspolitics.about.com/gi/
                                                 actual expenditure                                                                                dynamic/offsite.htm?zi=1/XJ/Y
                                                 breakdowns. Discuss why                                                                           a&sdn=uspolitics&cdn=newsis
                                                 their perceptions are so off.                                                                     sues&tm=31&gps=56_9_1020_
          SUSD-S5C3-04                                                                                                                             572&f=00&tt=14&bt=1&bts=0&
                                                                                                                                                   zu=http%3A//www.warresister
Explain the causes of federal                    EPP 10.4                                                                                          s.org/piechart.htm
deficits and debt, their                         List the causes of deficits and                                                                   NOTE: use chart in lower left
financing, and their possible                    debt.                                                                                             from OMB not biased one in
economic effects.                                RESG 98-100                                                                                       center of page
                                                 Create a pamphlet or policy
                                                 paper on the danger of high
                                                 deficits and debt.
                                                 Deficit, Debt, and
                                                 Financing/Effects of High Debt
                                                 Worksheet (ERD)
          SSHS-S5C3-O5

Describe the functions of the                    EPP 15.1-2                                       Teacher observation                              RESG
Federal Reserve System (e.g.,                    RESG p. 149-168                                  Teacher created rubric                           EPP
banking regulation and                           Chart the effects of monetary                    Visual product                                   http://www.econedlink.org/less
supervision, financial                           policy on economic indicators                    Chapter assessment/quiz                          ons/index.cfm?lesson=EM220
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 20
                                                                 Social Studies Standard
                                                                       High School
services, monetary policy) and                   Create a historical timeline of                                                                   &page=teacher
their influences on the                          periods of tight money and
economy.                                         loose money policy (1930’s-
                                                 present) and/or US banking
                                                 (See EconEdlink case study
                                                 for possible resources)
          SSHS-S5C3-O6

Explain the effects of                           EPP 15.3                                         Teacher observation                              RESG
monetary policy on                               RESG p. 137-148; 149-168                         Teacher created rubric                           EPP
unemployment, inflation, and                     Chart the effects of monetary                    Visual product                                   http://www.econedlink.org/less
economic growth.                                 policy on economic indicators                    Chapter assessment/quiz                          ons/index.cfm?lesson=EM220
                                                 Compare and contrast effects                                                                      &page=teacher
                                                 of different periods of
                                                 competing monetary policy
                                                 (1968-1979; 1980-1988; 1989-
                                                 2006)
                                                 (See EconEdlink case study
                                                 for possible resources)

          SSHS-S5C3-O7

Determine how investment in                      EPP 19.1-2                                       Journal entry                                    EPP
factories, machinery, new                        Research and journal lifestyles                  Teacher observation                              Internet
technology, and the health,                      of Americans living at the turn                  Teacher created rubric                           www.ncee.org
education, and training of                       of the century and mid century                   Visual products                                  www.bls.gov
people can raise future                          Compare economic actions of                      Chapter assessment/quiz                          www.infoplease.com
standards of living.                             the American economy versus
                                                 Third World Countries                                                                             __
                                                 Choose and present examples
                                                 of new investments improving
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 21
                                                                 Social Studies Standard
                                                                       High School
                                                 people’s lives (internet,
                                                 Scottsdale greenbelt, Mesa,
                                                 China)

Strand 5 Concept 4: Global Economics
Patterns of global interaction and economic development vary due to different economic systems and institutions that
exist throughout the world.


Performance Objectives                           Possible Strategies or                           Possible Assessment                              Possible Resources
                                                 Activities
          SSHS-S5C4-O2

Describe the effects of                          (a-h) EPP 17.1-3; 19.1-3                         Teacher created rubric                           RESG
international trade on the                       (a) Read article and chart pros                  Teacher observation                              http://www.econedlink.org/less
United States and other                          and cons of free trade                           Visual Product                                   ons/index.cfm?lesson=EM50&
nations:                                         (b) RESG p. 169-171                              Oral presentations                               page=teacher
a. how people and nations                        (c) RESG p.172-175                               Chapter assessment/quiz                          http://usinfo.state.gov/wh/Arch
    gain through trade                           (d,e) Economic Forms:                                                                             ive/2005/Aug/02-35199.html
b. how the law of comparative                    Teaching Strategy 6; Teaching                                                                     “Life and Debt” documentary
    advantage leads to                           Strategy 13 (EFF)
    specialization and trade                     (e) Students analyze bar                                                                          “Commanding Heights: New
c. effects of protectionism,                     graphs on American balance                                                                        Rules of the Game” video
    including tariffs and                        of trade                                                                                          “Global Economic Issue for
    quotas on international                      (f) RESG p.193-202                                                                                Students: WTO” video
    trade and on a nation’s                      (f,g) Student groups role play                                                                    “Is Wal-Mart Good for
    standard of living                           being economic advisors to a                                                                      America?” Frontline video
d. how exchange rates work                       variety of developing                                                                             Economic Forms and
    and how they affect                          countries                                                                                         Financial Pages
    international trade                          (h) “NAFTA: Are Jobs Being                                                                        Transparencies, Strategies,
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 22
                                                                 Social Studies Standard
                                                                       High School
e. how the concepts of                           Sucked Out of the United                                                                          and Activities (EFF)
   balance of trade and                          States?” Lesson (EconEdlink                                                                       http://www.cia.gov/cia/publicat
   balance of payments are                       website)                                                                                          ions/factbook/
   used to measure                               (h) “US and EU Go Bananas                                                                         http://www.bookrags.com/othe
   international trade                           Over Trade” Lesson                                                                                r/business/balance-of-trade-
f. factors that influence the                    (EconEdlink website)                                                                              ebf-01.html
   major world patterns of                       (h) Debate NAFTA and/or                                                                           http://www.econedlink.org/less
   economic activity                             CAFTA                                                                                             ons/index.cfm?lesson=EM129
   including the differing                       Watch pertinent videos and                                                                        &page=teacher
   costs of production                           discuss the illustrated effects                                                                   www.csmonitor.com/2006/050
   between developed and                         of international trade                                                                            5/p01s02-usec.htm
   developing countries
g. economic connections                                                                                                                            Book: Naked Economics –
   among different regions,                                                                                                                        Chapter 11 “Trade and
   including changing                                                                                                                              Globalization”
   alignments in world trade
   partners
h. identify the effects of trade
   agreements (e.g., North
   American Free Trade
   Agreement)


Strand 5 Concept 5: Personal Finance
Decision-making skills foster a person’s individual standard of living. Using information wisely leads to better informed
decisions as consumers, workers, investors and effective participants in society.

Performance Objectives                           Possible Strategies or                           Possible Assessment                              Possible Resources
                                                 Activities
          SSHS-S5C5-O1
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 23
                                                                 Social Studies Standard
                                                                       High School

Explain how education, career                    Choose a career field and                        Teacher observation                              www.bls.gov/oco/
choices, and family                              chart the differences between                    Visual product                                   EPP
obligations affect future                        careers within that path that                    Journal entry                                    www.unt.edu/pais/howtochoos
income.                                          require different educational                    Chapter assessment/quiz                          e/why.htm
                                                 levels (i.e. medical field)                                                                       Internet
                                                 Give students real life
                                                 scenarios that could affect
                                                 their career choice and have
                                                 them journal their predicted
                                                 outcome (i.e. receive                                                                             Millionaire Next Door info:
                                                 scholarship, teen pregnancy,                                                                      http://www.nytimes.com/books
                                                 loss of parental job)                                                                             /first/s/stanley-millionaire.html
                                                 Research and compare
                                                 different lifetime and annual                                                                     Game instructions:
                                                 earnings for differing                                                                            http://www.networksfinancialin
                                                 education levels                                                                                  stitute.org/PDFs/ICEE_Money_
                                                                                                                                                   Mgmt_Programs.pdf
                                                 Play the Millionaire Game
                                                 Activity explores the common
                                                 traits of millionaires as
                                                 explained in the bestseller,
                                                 “The Millionaire Next Door” by
                                                 Stanley and Danko
          SSHS-S5C5-O2

Analyze how advertising                          Present a blind test of brand                    Teacher observation                              EPP
influences consumer choices.                     waters to class. Requires 200                    Visual product                                   Television
                                                 cups and 4 brand waters                          Chapter assessment/quiz                          Radio
                                                 (Evian, Fiji, Kirkland, Dasani)                                                                   Internet
                                                 and filtered tap water as the                                                                     Newspaper/Magazine
i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06
                                                                                                                                                Economics                 Page 24
                                                                 Social Studies Standard
                                                                       High School
                                                 fifth choice.

                                                 Pour out on desks before
                                                 students are allowed in
                                                 classroom. Ask students to
                                                 rank water on taste from 1
                                                 best to 5 worst. Tabulate totals
                                                 on board and reveal waters.                      Exercise leads to discussion
                                                                                                  of how our perceived tastes
                                                 Blind taste of Colas is also                     are manipulated by
                                                 very effective                                   advertising.
                                                 (Coke, Pepsi, Safeway house
                                                 brand cola, RC cola)

                                                 Guess the top brand names in                     Shows how money affects                          Top 100 Global Brands List:
                                                 the world…                                       level of brand awareness                         http://bwnt.businessweek.com
                                                                                                                                                   /brand/2006/




i.e. - (abbreviation for that is) precedes a specific list of items in which all of the items should be used; i.e. examples will be used in a testing situation
e.g. - (abbreviation for for example) precedes a list of examples provided as options; other examples may be appropriate but not included; e.g. examples may be used in a testing
situation
italicized performance objectives - a performance objective repeated verbatim from year to year, it is understood that the depth, complexity, and difficulty level developmentally
match the grade level expectations
Arizona Department of Education 5/22/06                                                                                                                             SUSD 6/30/06

				
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