We are now providing some of our resources that are most relevant to you for free, and we are providing a 25% discount on all of the publications at the Council for Economic Education store. Use the promo code TEACHERS25 at checkout to redeem. Offer expires at midnight EST on May 4th. This promotion cannot be combined with other coupons or disc​ounts.

Standards for National Security Goals, the Federal Budget, and the National Debt

Jump to:

National Standards in Economics

Name: Fiscal and Monetary Policy

Standard: 20

  • Students will understand that: Federal government budgetary policy and the Federal Reserve System's monetary policy influence the overall levels of employment, output, and prices.
  • Students will be able to use this knowledge to: Anticipate the impact of the federal government and the Federal Reserve System macroeconomic policy decisions on themselves and others.

Name: Role of Government and Market Failure

Standard: 16

  • Students will understand that: There is an economic role for government in a market economy whenever the benefits of a government policy outweigh its costs. Governments often provide for national defense, address environmental concerns, define and protect property rights, and attempt to make markets more competitive. Most government policies also have direct or indirect effects on people's incomes.
  • Students will be able to use this knowledge to: Identify and evaluate the benefits and costs of alternative public policies, and assess who enjoys the benefits and who bears the costs.

State Standards

Common Core State Standards

Name: Anchor Standards for Reading

Standard:

Area:

Name: Literacy in History/Social Studies

Standard:

Area: