Welcome to:
Created by the EIU History Department to assist students of Eastern Illinois University in meeting the Illinois state standards for specialization in the social sciences.
Social Science - Standard 10
The competent social science teacher understands economic concepts, terms, and theories.
Knowledge Indicators - The competent social science teacher:
Classes at EIU:
 
10A. Understands the impact the scarcity and opportunity cost on the allocation of resources.
ECN 2801
 

GEG 3600

 
 
10B. Understands the effects of supply and demand on economic decisions.
ECN 2801
 

ECN 2802

 
 
10C. Understands the cost/benefit analysis influences economic decision-making.
ECN 2801
 

ECN 2802

 
 
10D. Understands the role of money in an economic system.
ECN 2801
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SOC 2850

 
Performance Indicators - The competent social science teacher:
Classes at EIU:
10E. Analyzes how allocation of scarce resources affects a society's standard of living.

ECN 2801

 
10F. Uses supply and demand theory to analyze production, consumption, prices, and the market value of labor.
ECN 2801

ECN 2802

 
10G. Uses marginal analysis to analyze the costs and benefits of voluntary exchange and to evaluate historical and contemporary social issues.

ECN 2802

 
10H. Analyzes the characteristics and functions of money and applies an understanding of money to personal finance and consumer decisions.

ECN 2801

 
Assistance with comprehending this standard:
Read an essay further defining this standard.
Visit web-links for further help.

Other news & Information:

Frequently Asked Questions - 2005-2006 Testing Schedule - What to Expect on the Day of the Test

Comments about this web-site should be submitted to: Dr. Charles Titus, Project Coordinator

Web-Site Last Updated 4-20-2005