Browse Pennsylvania State Standards

 Categories:: 6.2.12. Markets and the Functions of Governments
Statements:
A. Analyze the flow of products, resources and money in a mixed economy. B. Evaluate the operation of non- competitive markets. C. Analyze policies designed to raise or lower interest rates and how the Federal Reserve Board influences interest rates. D. Evaluate changes in economic institutions over time (e.g. stock markets, non-government organizations). E. Predict how changes in supply and demand affect equilibrium price and quantity sold. I. Evaluate government decisions to provide public goods. J. Evaluate the social, political and economic changes in tax policy using cost/benefit analysis. K. Analyze the impact of media on decision-making of consumers, producers and policymakers. L. Analyze how policies and international events may change exchange rates. F. Identify and analyze forces that can change price.
G. Evaluate types of tax systems.
H. Evaluate the economic roles of governments.