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Unit Details

​​​​​​​​​​​​​​​​​​​​​​​​Instructions: Rockwood unit details share the timeline, the enduring understanding and the essential questions for each unit.  Click on the standard title to be directed to the information on related standards for the unit.​

 Unit Details

Unit Title
Economic Issues in the Modern World
Unit Number
SSCU2
Course
Contemporary Issues
Content Area
Social Studies
Description
This unit focuses on the impact of economic factors on contemporary issues around the world. Students will understand the impact of government policies on local, national and international economies, and the effects of globalization.
Timeline
10 Day(s)
Enduring Understandings
Understand that government policy can impact the economy on a local, national and international level.
Understand that world organizations can impact economies around the world.
Understand that economic inequalities exist and the various viewpoints government consider when addressing these issues.
Understand that globalization is a major force for change that can result in both positive and negative outcomes.


Essential Questions
How have government policies impacted our local, national and international economies?
How do groups and/or institutions influence economic decisions across the globe?
How do government policies impact issues surrounding economic equality?
What role should governments play in making economic decisions?


Additional Unit Resources

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Standard
Standard Component
  
Explain why advancements in technology and investments in capital goods and human capital increase economic growth and standards of living.
  
Analyze the role of comparative advantage in international trade of goods and services.
  
Explain how current globalization trends and policies affect economic growth, labor markets, rights of citizens, the environment, and resource and income distribution in different nations.
  
Generate possible explanations for a government role in markets when market inefficiencies exist.
  
Gather relevant information from multiple sources representing a wide range of views while using the origin, authority, structure, context, and corroborative value of the sources to guide the selection.
  
  
Standard
Standard Component
  
Evaluate the selection of monetary and fiscal policies in a variety of economic conditions.
  
Describe the possible consequences, both intended and unintended, of government policies to improve market outcomes.