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Goal 4
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 The student will demonstrate an understanding of the historical development and current status of economic principles, institutions, and processes needed to be effective citizens, consumers, and workers.

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| 12 Items |
Expectation
4.1 |
 The student will demonstrate an understanding of economic principles, institutions, and processes required to formulate government policy.

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12 Items |
Indicator
4.1.1 |
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 The student will evaluate how governments
affect the answers to the basic economic
questions of what to produce, how to produce,
and for whom to produce.

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3 Items |
| 22 |
22 |
22 |
| 26 |
26 |
26 |
| 33 |
33 |
33 |
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Indicator
4.1.2 |
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 The student will utilize the principles of
economic costs and benefits and opportunity
cost to analyze the effectiveness of
government policy in achieving socio-economic
goals.

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3 Items |
| 5 |
5 |
5 |
| 30 |
30 |
30 |
| 39 |
39 |
39 |
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Indicator
4.1.3 |
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 The student will examine regulatory agencies
and their social, economic, and political
impact on the country, a region, or on/within
a state.

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3 Items |
| 1 |
1 |
1 |
| 10 |
10 |
10 |
| 19 |
19 |
19 |
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| |
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Indicator
4.1.4 |
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 The student will evaluate the effectiveness of
current monetary and fiscal policy on
promoting full employment, price stability,
and economic performance.

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3 Items |
| 4 |
4 |
4 |
| 32 |
32 |
32 |
| 56 |
56 |
56 |
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