<standards name='DE'><title>Delaware Standards in Economics</title><content><![CDATA[<font color='#333333'><p>These standards in economics are current as of <b>2001</b>. No Internet connection was detected. When you have an Internet connection, the application will automatically look for updated standards for your state.</p><br><p>View the <a href="asfunction:loadstandard,standards_de_pf_ve45.xml">State Standards in Personal Finance</a>.</p><br><p>Visit the <a href='asfunction:gotoWebPage,http://ve.councilforeconed.org/library/state-standards.php?state=de'>web site</a> to learn more.</p><p>----------------------------------------------------------------</p><p class='contentarea'>Content Area: SOCIAL STUDIES</p><p>----------------------------------------------------------------</p><p class='contentarea'>Grades K-3</p><br><li>ECONOMICS Standard One:</li><li><textformat leftmargin='15'>Students will analyze the potential costs and benefits of personal economic choices in a market economy.</textformat></li><li><textformat leftmargin='30'>By the end of grade 3 students will be able to understand that individuals and families with limited resources undertake a wide variety of activities to satisfy their wants.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71042|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades K-3</p><br><li>ECONOMICS Standard One:</li><li><textformat leftmargin='15'>Students will analyze the potential costs and benefits of personal economic choices in a market economy.</textformat></li><li><textformat leftmargin='30'>By the end of grade 3 students will be able to apply the concept that economic choices require the balancing of costs incurred with benefits received.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71043|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades K-3</p><br><li>ECONOMICS Standard Two:</li><li><textformat leftmargin='15'>Students will examine the interaction of individuals, families, communities, businesses, and governments in a market economy.</textformat></li><li><textformat leftmargin='30'>By the end of grade 3 students will be able to understand how barter, money, and other media are employed to facilitate the exchange of resources, goods, and services.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71046|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades K-3</p><br><li>ECONOMICS Standard Three:</li><li><textformat leftmargin='15'>Students will understand different types of economic systems and how they change.</textformat></li><li><textformat leftmargin='30'>By the end of grade 3 students will be able to identify human wants and the various resources and strategies which have been used to satisfy them over time.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71048|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades K-3</p><br><li>ECONOMICS Standard Four:</li><li><textformat leftmargin='15'>Students will examine the patterns and results of international trade.</textformat></li><li><textformat leftmargin='30'>By the end of grade 3 students will be able to understand that the exchange of goods and services around the world creates economic interdependence between people in different places.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71050|true|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades 4-5</p><br><li>ECONOMICS Standard One:</li><li><textformat leftmargin='15'>Students will analyze the potential costs and benefits of personal economic choices in a market economy.</textformat></li><li><textformat leftmargin='30'>By the end of grade 5 students will be able to understand that prices in a market economy are determined by the interaction of supply and demand, with governments intervening to deal with market failures.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71044|false|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades 4-5</p><br><li>ECONOMICS Standard One:</li><li><textformat leftmargin='15'>Students will analyze the potential costs and benefits of personal economic choices in a market economy.</textformat></li><li><textformat leftmargin='30'>By the end of grade 5 students will be able to understand that consumers and producers make economic choices based on supply, demand, access to markets, and the actions of the government.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71045|false|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades 4-5</p><br><li>ECONOMICS Standard Two:</li><li><textformat leftmargin='15'>Students will examine the interaction of individuals, families, communities, businesses, and governments in a market economy.</textformat></li><li><textformat leftmargin='30'>By the end of grade 5 students will be able to understand the role of banks and other financial institutions in the economy.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71047|false|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades 4-5</p><br><li>ECONOMICS Standard Three:</li><li><textformat leftmargin='15'>Students will understand different types of economic systems and how they change.</textformat></li><li><textformat leftmargin='30'>By the end of grade 5 students will be able to identify different means of production, distribution, and exchange used within economic systems in different times and places.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71049|false|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades 4-5</p><br><li>ECONOMICS Standard Four:</li><li><textformat leftmargin='15'>Students will examine the patterns and results of international trade.</textformat></li><li><textformat leftmargin='30'>By the end of grade 5 students will be able to demonstrate how international trade links countries around the world and can improve the economic welfare of nations.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71051|false|true|false|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades 6-8</p><br><li>ECONOMICS Standard One:</li><li><textformat leftmargin='15'>Students will analyze the potential costs and benefits of personal economic choices in a market economy.</textformat></li><li><textformat leftmargin='30'>By the end of grade 8 students will be able to analyze how changes in technology, costs, and demand interact in competitive markets to determine or change the price of goods and services.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71052|false|false|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades 6-8</p><br><li>ECONOMICS Standard Two:</li><li><textformat leftmargin='15'>Students will examine the interaction of individuals, families, communities, businesses, and governments in a market economy.</textformat></li><li><textformat leftmargin='30'>By the end of grade 8 students will be able to analyze the role of money and banking in the economy, and the ways in which government taxes and spending affect the functioning of market economies.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71053|false|false|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades 6-8</p><br><li>ECONOMICS Standard Three:</li><li><textformat leftmargin='15'>Students will understand different types of economic systems and how they change.</textformat></li><li><textformat leftmargin='30'>By the end of grade 8 students will be able to demonstrate the ways in which the means of production, distribution, and exchange in different economic systems have a relationship to cultural values, resources, and technologies.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71054|false|false|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades 6-8</p><br><li>ECONOMICS Standard Four:</li><li><textformat leftmargin='15'>Students will examine the patterns and results of international trade.</textformat></li><li><textformat leftmargin='30'>By the end of grade 8 students will be able to examine how nations with different economic systems specialize and become interdependent through trade and how government policies allow either free or restricted trade.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71055|false|false|true|false|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades 9-12</p><br><li>ECONOMICS Standard One:</li><li><textformat leftmargin='15'>Students will analyze the potential costs and benefits of personal economic choices in a market economy.</textformat></li><li><textformat leftmargin='30'>By the end of grade 11 students will be able to demonstrate how individual economic choices are made within the context of a market economy in which markets influence the production and distribution of goods and services.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71056|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades 9-12</p><br><li>ECONOMICS Standard Two:</li><li><textformat leftmargin='15'>Students will examine the interaction of individuals, families, communities, businesses, and governments in a market economy.</textformat></li><li><textformat leftmargin='30'>By the end of grade 11 students will be able to develop an understanding of how economies function as a whole, including the causes and effects of inflation, unemployment, business cycles, and monetary and fiscal policies.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71057|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades 9-12</p><br><li>ECONOMICS Standard Three:</li><li><textformat leftmargin='15'>Students will understand different types of economic systems and how they change.</textformat></li><li><textformat leftmargin='30'>By the end of grade 11 students will be able to analyze the wide range of opportunities and consequences resulting from the current transitions from command to market economies in many countries.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71058|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br><p class='contentarea'>Grades 9-12</p><br><li>ECONOMICS Standard Four:</li><li><textformat leftmargin='15'>Students will examine the patterns and results of international trade.</textformat></li><li><textformat leftmargin='30'>By the end of grade 11 students will be able to analyze and interpret the influence of the distribution of the world's resources, political stability, national efforts to encourage or discourage trade, and the flow of investment on patterns of international trade.</textformat></li><br><textformat leftmargin='40'><p><a href='asfunction:findLessonByStandard,71059|false|false|false|true|||'>Find lessons that meet this standard >></a></p></textformat><br></font>]]>
</content>
<correlations>
<standard id='71042'>68272,68202,68167,68094,20990,68273,67935,20954,20941,67917,68170,62346,67916,67915,67914,68204,68169,68200,68205,68201,911,276,517,392,396,209,453,267,252,364,</standard>
<standard id='71043'>67916,62346,67915,67914,68167,68202,68273,67928,20980,20978,20990,68209,68200,68169,68201,68205,68097,68204,68203,68206,396,517,392,267,252,364,414,39,911,209,</standard>
<standard id='71046'>20991,68275,67939,62320,62319,67119,67124,20990,68199,68201,68202,62318,62326,62348,20962,67931,68198,20960,67934,67943,61,578,484,478,66,169,67,361,446,179,</standard>
<standard id='71048'>67935,67871,67939,67940,67941,67928,20978,67915,67914,68273,67916,68167,62313,62315,68170,68272,68202,20977,67945,20980,392,39,364,267,209,374,699,252,517,414,</standard>
<standard id='71050'>67943,67939,68281,67934,20960,67931,62348,20962,20929,68165,67926,62326,67119,62318,20990,20991,68095,68199,68275,68198,478,446,301,226,699,64,269,368,59,393,</standard>
<standard id='71044'>67915,62358,67931,67936,62323,62326,67944,68173,67880,67916,20943,67917,67938,62321,67872,20925,62349,67914,67120,62354,276,357,369,328,209,557,634,382,647,372,</standard>
<standard id='71045'>67915,67880,62358,62323,67917,67931,68173,67936,62321,67933,67944,62318,62326,67938,20943,20954,20955,62354,67882,20941,276,357,382,209,328,369,557,384,313,634,</standard>
<standard id='71047'>20963,20959,67942,20958,61984,20934,61982,67117,20954,20938,20955,20942,20940,20939,61983,20957,67123,67943,68169,68174,918,64,476,455,358,585,66,377,361,745,</standard>
<standard id='71049'>67917,62318,20929,62326,62325,62348,67882,68165,20954,67933,67118,67943,67934,67119,67926,61971,20962,62212,62629,20960,478,62,446,374,313,540,470,745,41,176,</standard>
<standard id='71051'>67115,67939,67883,67943,20929,67124,62319,20960,20940,68165,20942,67934,20962,67931,67927,67926,61970,62212,61968,62318,448,478,301,289,61,446,64,59,67,356,</standard>
<standard id='71052'>68280,67915,68279,15855,65763,67917,67880,68096,68142,68242,68143,68276,67916,15856,67874,60315,65768,664,961,579,747,553,692,259,394,276,762,</standard>
<standard id='71053'>67915,67916,15846,68094,68242,60316,60318,60314,67917,68240,67872,67873,15857,65760,62643,67880,702,395,542,45,257,647,719,556,394,664,</standard>
<standard id='71054'>20807,65769,20765,20769,68140,20764,67883,20809,20808,68242,68272,20766,62212,68094,67882,68095,62646,60333,20803,68281,702,552,719,57,542,725,403,350,605,855,</standard>
<standard id='71055'>68140,20770,20765,20769,20764,20771,20768,60336,67883,62646,61972,20773,20807,68275,62647,68095,68096,65769,68272,68274,57,719,725,605,350,855,68,552,579,75,</standard>
<standard id='71056'>67668,68058,67669,17807,60251,67855,17804,67755,20817,15428,68109,20818,20819,67737,17801,62141,46,692,317,758,553,615,201,508,259,47,</standard>
<standard id='71057'>60260,68107,67756,68044,67757,68108,67762,68105,15432,68111,62616,65720,17832,17828,17829,15433,1006,1003,995,990,997,29,1012,1009,994,1000,</standard>
<standard id='71058'>68028,68042,65603,60252,63114,65686,17800,68046,17809,17795,17814,17818,67729,68143,60262,65693,15425,56534,56533,691,391,22,552,532,367,322,259,535,163,</standard>
<standard id='71059'>17809,67727,67636,15434,67644,67765,15422,17795,60261,68140,67748,63120,17818,17837,62507,67736,67729,62515,67741,552,719,35,855,75,529,575,567,154,602,</standard>
</correlations>
</standards>