Economics

Course Focus

ECN.1 Identify SDA Christian principles and values in correlation with social studies.
ECN.1.1 Recognize God’s purpose in the dynamics of human history.
ECN.1.2 Explore God’s role in the political, social, economic, and spiritual areas of societies.
ECN.1.3 Apply Biblical principles of Christian morality, integrity, and ethical behavior to all aspects of life.
ECN.1.4 Equip students with a Christian approach toward social issues.

Course Abilities

ECN.2 Develop abilities in social studies.
ECN.2.1 Develop critical and creative thinking skills (research, analysis, evaluation, correlation).
ECN.2.2 Utilize the principles and methodologies of cooperative learning (benefiting from others’ experiences).
ECN.2.3 Develop effective communication skills (speaking, writing, listening, debating, using technology, etc.).
ECN.3 Be able to apply social studies knowledge and skills.
ECN.3.1 Read, research, analyze, write, and present using primary, secondary, and technological sources.
ECN.3.2 Identify key concepts and themes.
ECN.3.3 Demonstrate an appreciation of life through diverse perspectives.
ECN.3.4 Correlate relevant concepts from past to present.

Course Content

COURSE FOCUS ()

ECN.4 Be able to understand common terms, concepts, and economic reasoning.
ECN.4.1 Identify key terms (scarcity, stewardship, inflation, recession, etc.).
ECN.4.2 Demonstrate understanding of basic concepts (supply and demand, free enterprise system, business cycle, etc.).
ECN.4.3 Examine how government organizations monitor and regulate the economy through fiscal policy.
ECN.4.4 Compare and contrast the different economic systems.
ECN.4.5 Recognize the origins and influence of ideas (social, religious, philosophical, political, etc.).
ECN.5 Be able to recognize the rights and responsibilities of individuals and businesses.
ECN.5.1 Evaluate the costs and benefits of using credit.
ECN.5.2 Apply rational decision making to personal spending and saving choices.
ECN.5.3 Understand the significance of tithing and biblical stewardship.
ECN.5.4 Analyze the role of businesses and their impact on the economy.
ECN.5.5 Assess the career options in today’s economy and the skills necessary for employment.
ECN.6 Be able to utilize various literacy skills for interpreting economic data.
ECN.6.1 Exhibit appropriate skills for interpreting tables, charts, graphs, etc.
ECN.6.2 Select, validate, and effectively use a variety of sources to formulate a position or course of action on an issue.
ECN.6.3 Identify opinion and bias in written, oral, or visual material.
ECN.6.4 Communicate information logically using basic language arts skills.
ECN.7 Be able to analyze economic themes and their impact on society.
ECN.7.1 Trace the influence of historic events and scientific/technological innovations on economics (depression, terrorism, internet, etc.).
ECN.7.2 Evaluate changing issues in the labor market (EEOC, OSHA, labor unions, unequal pay, etc.).
ECN.7.3 Assess the interdependence of global economic systems (embargo, international trade, foreign exchange, etc.).
ECN.7.4 Examine the influence of the U.S. in its role as a world economic power.
ECN.7.5 Relate key influences and themes to past, present, and possible future events.