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These activities help students to develop perspective on the financial and other costs of achieving the MDGs, as well as the economic implications of not meeting the Goals. Below are several inquiries that can be used to develop projects through which students investigate the choices involved in making economic decisions.
Language: English
Curriculum Connections:
Mathematics, Economics, Social Studies
Economics Standard 1. Understands that scarcity of productive resources requires choices that generate opportunity costs
Level III [Grade 6-8]
Benchmark 1. Understands that scarcity of resources necessitates choice at both the personal and the societal levels
Benchmark 2. Knows that all decisions involve opportunity costs and that effective economic decision making involves weighing the costs and benefits associated with alternative choices
Level IV [Grade 9-12]
Benchmark 1. Understands that marginal benefit is the change in total benefit resulting from an action, and marginal cost is the change in total cost resulting from an action
Business Education Standard 13. Analyzes and interprets data using common statistical procedures, charts, and graphs
Level IV [Grade 9-12]
Benchmark 2. Uses tables, graphs, diagrams, and charts to obtain or convey quantitative information (e.g., manual or electronic representations)