Delaware Standards and Instruction
E.1: Students will analyze the potential costs and benefits of personal economic choices in a market economy [Microeconomics].
E.1.K-3a: Students will understand that individuals and families with limited resources undertake a wide variety of activities to satisfy their wants. (Essential for Grade 2)
E.2: Students will examine the interaction of individuals, families, communities, businesses, and governments in a market economy [Macroeconomics].
E.2.K-3a: Students will understand how barter, money, and other media are employed to facilitate the exchange of resources, goods, and services. (Essential for Grade 3)
E.3: Students will understand different types of economic systems and how they change [Economic systems].
E.3.K-3a: Students will identify human wants and the various resources and strategies which have been used to satisfy them over time. (Essential for Grade 3)