- standard
Economic Interdependence - Trade
- 9th - 12th Grade
- Michigan Social Studies Standards
- The International Economy
The Global Economy and the Marketplace – analyze and describe how the global economy has changed the interaction of buyers and sellers.
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Economic Interdependence - Trade
- 9th - 12th Grade
- Michigan Social Studies Standards
- The International Economy
Exchange Rate and World Trade – analyze the effects on trade from a change in an exchange rate between two currencies.
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Economic Interdependence - Trade
- 9th - 12th Grade
- Michigan Social Studies Standards
- The International Economy
Domestic Activity and World Trade – assess the impact of trade policies, monetary policy, exchange rates, and interest rates on domestic activity and world tra…
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Economic Interdependence - Trade
- 9th - 12th Grade
- Michigan Social Studies Standards
- The International Economy
Absolute and Comparative Advantage – use the concepts of absolute and comparative advantages to explain why goods and services are produced in one nation or lo…
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Economic Systems
- 9th - 12th Grade
- Michigan Social Studies Standards
- The International Economy
Impact of Transitional Economies – analyze the impact of transitional economies, such as in China and India, on the global economy in general and the American …
- standard
Economic Systems
- 9th - 12th Grade
- Michigan Social Studies Standards
- The International Economy
Comparing Economic Systems – compare and contrast the characteristics, advantages, and disadvantages of traditional, command, market, and mixed economic system…
- standard
Economic Systems
- 9th - 12th Grade
- Michigan Social Studies Standards
- The International Economy
International Organizations and the World Economy – evaluate the diverse impact of trade policies of the World Trade Organization, World Bank, or International…
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Economic Systems
- 9th - 12th Grade
- Michigan Social Studies Standards
- The International Economy
Developing Nations – assess how factors such as availability of natural resources, investments in human and physical capital, technical assistance, public atti…
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Role of Government in the U.S. Economy
- 9th - 12th Grade
- Michigan Social Studies Standards
- The National Economy of the United States of America
Federal Reserve and Monetary Policy – explain the roles and responsibilities of the Federal Reserve system and compare and contrast the consequences (intended …
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Role of Government in the U.S. Economy
- 9th - 12th Grade
- Michigan Social Studies Standards
- The National Economy of the United States of America
Fiscal Policy and its Consequences – analyze the consequences (intended and unintended) of using various tax and spending policies to achieve macroeconomic goa…
- standard
Role of Government in the U.S. Economy
- 9th - 12th Grade
- Michigan Social Studies Standards
- The National Economy of the United States of America
Government Revenue and Services – evaluate the ways in which the federal government generates revenue on consumption, income, and wealth, and uses that revenue…
- standard
Role of Government in the U.S. Economy
- 9th - 12th Grade
- Michigan Social Studies Standards
- The National Economy of the United States of America
Government Involvement in the Economy – evaluate the three macroeconomic goals of an economic systen (stable prices, low unemployment, and economic growth).
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Understanding National Markets
- 9th - 12th Grade
- Michigan Social Studies Standards
- The National Economy of the United States of America
Economic Indicators – using a number of indicators, such as gross domestic product (GDP), per capita GDP, unemployment rates, and consumer price index, analyze…
- standard
Understanding National Markets
- 9th - 12th Grade
- Michigan Social Studies Standards
- The National Economy of the United States of America
Circular Flow and the National Economy – using the concept of circular flow, analyze the roles of and relationship between households, business firms, and gove…