- standard
Competitive Markets
- 9th - 12th Grade
- Michigan Social Studies Standards
- The Market Economy
Market Structures – identify the characteristics of perfect competition, monopolistic competition, oligopoly, and monopoly market structures.
- standard
Competitive Markets
- 9th - 12th Grade
- Michigan Social Studies Standards
- The Market Economy
Institutions – describe the roles of various economic institutions and purposes they serve in a market economy.
- standard
Individual, Business, and Government Decision Making
- 9th - 12th Grade
- Michigan Social Studies Standards
- The Market Economy
Marginal Analysis – weigh marginal benefits and marginal costs in decision making.
- standard
Individual, Business, and Government Decision Making
- 9th - 12th Grade
- Michigan Social Studies Standards
- The Market Economy
Entrepreneurship – analyze the risks and rewards of entrepreneurship and associate the functions of entrepreneurs with alleviating problems associated…
- standard
Individual, Business, and Government Decision Making
- 9th - 12th Grade
- Michigan Social Studies Standards
- The Market Economy
Scarcity, Choice, Opportunity Costs, Incentives – using examples, explain how scarcity, choice, opportunity costs, and incentives affect decisions made…
- standard
Civic Inquiry, Public Policy, Civic Action, and Public Discourse
- 9th - 12th Grade
- Michigan Social Studies Standards
- Citizenship and Civic Participation in the United States of America
Equip students with the skills and knowledge to explore multiple pathways for knowledgeable, civic engagement through simulations and/or real-world…
- standard
Civic Inquiry, Public Policy, Civic Action, and Public Discourse
- 9th - 12th Grade
- Michigan Social Studies Standards
- Citizenship and Civic Participation in the United States of America
Identify and describe a local, state, national, or international public policy issue; research and evaluate multiple solutions; analyze the…
- standard
Civic Inquiry, Public Policy, Civic Action, and Public Discourse
- 9th - 12th Grade
- Michigan Social Studies Standards
- Citizenship and Civic Participation in the United States of America
Identify, discuss, and analyze methods individuals and/or groups have chosen to attempt social and legal change. Assess the effects…