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Social Studies
 
  Grade Level:   12  
  EALR:   2. ECONOMICS The student applies understanding of economic concepts and systems to analyze decision-making and the interactions between individuals, households, businesses, governments, and societies.  
  Component:   2.3 Understands the government's role in the economy.  
  Grade Level Expectation:   2.3.1 Evaluates the costs and benefits of governmental fiscal and monetary policies.  
 
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Examples
-Weighs the effects of the Federal Reserve's contraction of the money supply on the economy.
-Weighs the effects of fiscal policies on unemployment and inflation.
-Judges who pays for and who benefits from the collection of revenue and expenditures related to Medicare.
-Critiques the costs and benefits of the World Health Organization's response to the AIDS crisis.
-Critiques the effects of loans from the International Monetary Fund on developing countries.
Suggested Unit
  • CWP—Civic Action and Responsibility