Identify goods and consumers.

Identify advertisements that encourage us to buy things.

Identify goods, consumers, and producers.

Identify advertisements that encourage us to buy things based on want rather than need.

Explain the role of money in determining price.

Identify the impact on a community when a business opens.

Identify goods, services, consumers, and producers in the local community.

Differentiate between markets and competition.

Define personal choice as related to buying an item.

Explain how demand for a consumer good impacts price.

Identify the impact on a community when a business closes.

Describe the role of financial institutions as related to consumers’ financial needs.

Identify goods, services, consumers, and producers in the local community.

Identify competing sellers in the local market.

Identify types of advertising designed to influence personal choice.

Define price and how prices vary for products.

Describe the effect of local businesses opening and closing.

Identify private economic institutions.

Explain how a product moves from production to consumption.

Determine how sellers compete with one another.

Differentiate between monetary and non-monetary incentives in advertising.

Explain the role of buyers and sellers in determining prices of products.

Explain why local businesses open and close.

Describe the role of a private economic institution in the local community.

Describe how goods and services are distributed.

Identify how pricing influences sellers and consumers.

Explain how advertising causes people to change their behavior in predictable ways.

Identify factors that cause changes in price.

Describe the impact of businesses opening and closing on Pennsylvania economy.

Compare and contrast types of private economic institutions.

Describe the interaction of consumers and producers of goods and services in the state and national economy.

Explain why and how market competition takes place.

Explain how advertising influences economic decisions.

Describe how prices influence both buyers and sellers and explain why prices may vary for similar products.

Explain the causes and effects of expansion and contraction of businesses.

Explain the influence of private economic institutions on the local and state economy.

Describe the interaction of consumers and producers of goods and services in the state and national economy.

Explain why and how market competition takes place.

Explain how advertising influences economic decisions.

Explain the effects that changes in price have on buyers and sellers.

Explain the causes and effects of expansion and contraction of businesses.

Explain the influence of private economic institutions on the local and state economy.

Describe the interaction of consumers and producers of goods and services in the state and national economy.

Identify positive and negative effects of market competition.

Explain how advertising influences economic decisions.

Explain the effects that changes in price have on buyers and sellers.

Compare the state of the current economy with the economy in a different time or place.

Analyze the functions of private economic institutions in the national economy.

Analyze the flow of goods and services in the national economy.

Explain how competition between buyers and sellers affects price.

Analyze how media affects economic decisions.

Explain the laws of supply and demand and how these affect the prices of goods and services.

Analyze the characteristics of economic expansion, recession, and depression.

Analyze the functions of private economic functions the national economy.

Evaluate the flow of goods and services in an international economy.

Analyze the effect of changes in the level of competition in different markets.

Predict and evaluate how media affects markets.

Predict how changes in supply and demand affect equilibrium price and quantity sold.

Evaluate the health of an economy (local, regional, national, global) using economic indicators.

Evaluate the impact of private economic institutions on the individual, the national and the international economy.

Analyze the flow of goods and services in the national economy.

Analyze how media affects economic decisions.

Analyze the characteristics of economic expansion, recession, and depression.

Analyze the flow of goods and services in the national economy.

Evaluate the impact of advertising and media on individual and group behavior throughout United States history.

Explain how the laws of supply and demand impacted individuals and groups behavior over time.

Analyze the impact of the business cycle on idividual and group behavior over time.

Analyze the characteristics of economic expansion, recession, and depression.

Analyze the impact of private economic institutions on individuals and groups over time.

Evaluate the flow of goods and services in an international economy.

Evaluate the impact of advertising and media on individual and group behavior throughout world history.

Explain how the laws of supply and demand impacted individuals and groups behavior over time.

Analyze the impact of the business cycle on idividual and group behavior over time.

Analyze the characteristics of economic expansion, recession, and depression.

Analyze the impact of private economic institutions on individuals and groups over time. Standards 8.4.9.C.)

Compare and contrast various economic systems.