Indiana Global Economics Standards Alignment

The state of Indiana’s Board of Education publishes a set of educational standards for Global Economics, which builds on the material from the state-required Economics standards. However, there is more emphasis on global trade and an international perspective, making it a popular optional course in larger schools (or merged with the Economics standards in accelerated classes).

Many districts in Indiana will include the Financial Literacy standards in their Economics courses, so our materials are flexible. Teachers can mix and match activities in our Economics curriculum with other activities from our Financial Literacy, Business, and Mathematics tracks to build customized classes that perfectly supplement existing lesson plans.

Activity Type Key:

Interactive Calculators
Comprehensive Tools
Includes Built-In Assessment

Standard Activity Activity Type
Basic Economic Concepts Why is there Scarcity?
What is Opportunity Cost?
What are Incentives?
What is Economic Growth?
Major Economic Indicators (GDP, CPI, Jobs)
Gross Domestic Product
Economic Systems Comparative Economic Systems – Capitalism, Socialism, and Communism
Government impact on the economy
Fiscal Policy
Marketplace Structures Labor and Productivity
Supply and Demand Examples in the Stock Market
Benefits of Competition
What is Entrepreneurship?
The Business Cycle
World Trade International trade
Comparative Advantage
What is Specialization?
Money and Banking What is the Federal Reserve?
Fiscal Policy
How is Money Created?
What is Money?
Importance of Interest Rates
Banks, Credit Unions, and Savings and Loans
Major Economic Indicators (GDP, CPI, Jobs)
Monetary Policy
Government impact on the economy
Currencies and Foreign Exchange What are Spots?
Stock Game
Making Career Choices Career Center