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TEACHER NOTES HIGH SCHOOL ECONOMICS …

One Stop Shop For Educators Georgia Department of Education Dr. John D. Barge, State SCHOOL Superintendent SOCIAL STUDIES ECONOMICS TEACHER NOTES Copyright 11/01/2013 All Rights Reserved Page 1 of 113 TEACHER NOTES high SCHOOL ECONOMICS FUNDAMENTAL ECONOMICS CONCEPTS UNIT Purpose of Fundamental ECONOMICS Standards Domain This domain focuses on basic economic concepts and skills: scarcity and opportunity cost, supply and demand as it relates to scarcity, factors of production, marginal costs and benefits, different economic systems, productivity, the allocation of resources, and the role of government in economic systems. Fundamental Concepts Resource Links: - Georgia teachers are fortunate to have a very active council. The Georgia Council on economic Education is a non-profit organization devoted to helping teachers teach ECONOMICS .

TEACHER NOTES HIGH SCHOOL ECONOMICS FUNDAMENTAL ECONOMICS CONCEPTS UNIT . Purpose of Fundamental Economics Standards Domain This domain focuses on basic economic concepts and skills: scarcity and opportunity cost, supply and demand as it relates to scarcity, factors of production, marginal costs and benefits, different economic ...

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