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Economic Principles, Market Systems, and Personal Finance

7th Grade · Social Studies · US-WY-SS

11 lessons

Goal

Apply core economic concepts including supply, demand, scarcity, market structures, and financial decision-making.

11 lessons
0 of 11 done
  1. Scarcity, Choice, and Opportunity Cost in Daily LifeUp next
  2. Supply, Demand, and Market Equilibrium PricesNot started yet
  3. Economic Incentives, Competition, and Business ProfitNot started yet
  4. Labor Markets, Wages, and Human CapitalYou are here
  5. Comparing Market, Command, and Mixed Economic SystemsNot started yet
  6. Traditional Economies and Indigenous Resource ManagementNot started yet
  7. How Technology Transforms Production and Supply ChainsNot started yet
  8. The Functions of Money and the Banking SystemNot started yet
  9. Personal Financial Decision-Making: Budgeting and CreditNot started yet
  10. How Values, Ethics, and Culture Shape Microeconomic ChoicesNot started yet
  11. Wyoming's Energy and Natural Resource EconomyNot started yet
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Learning standards covered

us-wySS8.3.1Wyoming Social Studies Standards · 5th Grade

Identify and apply basic economic concepts (e.g., supply, demand, production, exchange and consumption, labor, wages, scarcity, prices, incentives, competition, and profits).