NYLearns.org -

From this browse and search tool, you will find the New York State (NYS) Learning Standards statements for all seven standard areas across grades PreK - 12. The NYS Learning Standards provides the foundation for the NYS Assessments and the local core curriculum.

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Standard Area - SS: Social Studies

Standard - SS4: Economics
Students will use a variety of intellectual skills to demonstrate their understanding of how the United States and other societies develop economic systems and associated institutions to allocate scarce resources, how major decision-making units function in the United States and other national economies, and how an economy solves the scarcity problem through market and non-market mechanisms.

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Key Idea - SS4.1: Economics
The study of economics requires an understanding of major economic concepts and systems, the principles of economic decision making, and the interdependence of economies and economic systems throughout the world.

Key Idea - SS4.2: Economics
Economics requires the development and application of the skills needed to make informed and well-reasoned economic decisions in daily and national life.

Key Idea - SS4.alt.1: Economics
Students will study major economic concepts.