Economics: Big Ideas and Essential Questions

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Arizona Economic Standards by Grade Level


Big Idea:

  • How do basic economic principles affect our lives?



Essential questions:

  • EQ1: How do personal financial decisions affect your standard of living?
  • EQ2: How do government and business (market) policies affect your standard of living?
  • EQ3: How does the local, national, and global economies affect our standard of living?
  • EQ4: What are the fundamentals of economics?
  • EQ5: How do your choices affect local, national, and the global economy?