Social Studies Curriculum

Economics Framework

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Statements of Agreement

The following represents the agreement statements that were developed and agreed upon by the Economics Curriculum Review Committee. These statements reflect the philosophy used in establishing the economics program.

We believe that:

1. Economics affects all people in every aspect of their lives.
2. An understanding of economics makes individuals better citizens, more effective consumers, and more productive employees.
3. Economics is the study of how individuals and societies allocate scarce resources in an attempt to satisfy human needs.
4. Economics is based on the assumption that people behave rationally.
5. Economic concepts and analysis should be applied to issues relevant to students' lives.
6. Students should be taught to distinguish between statements of fact and statements of opinion as they relate to economics.
7. The courses meeting the economics requirement should provide an introduction to basic economic concepts and institutions. (e.g.. applications, data, vocabulary)
8. Economics courses should reflect a global perspective.
9. That the economics classroom should include a rich variety of teaching techniques and instructional resources.
10. All courses intended to meet the new economics graduation requirement, should be based on the same set of core principles.
11. The teaching of economics should be applied to real life issues, situations, and current events.
12. The analytical tools and skills of economics provide the foundation for critical thinking and concept development in dealing with relevant issues in students' lives.
13. Economics should be taught by teachers trained in the teaching of economic principles.
14. Economics should be taught with a clear distinction between the various courses offered.

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