Meeting Pennsylvania State Economic Standards  
  • PA Economics Standard for Community Impact
    1. Describe how individuals, families, and communities with limited resources make choices.

EG Curriculum Take Away
1. Students conduct an assessment of their community and visualize how they want to change their communities in positive ways. Then, Students work toward the implementation of the plan.


  • PA Economics Standard for Vocabulary
    1. Describe how individuals, families, and communities with limited resources make choices.

EG Curriculum Take Away
1. Students engage in exercises that show them the difference between goods and services. This is reinforced consistently throughout the balance of the program.

2. During the financial section Students are given tools for the development of pricing, break even anaylsis and developing assumptions.
3. Students learn to differentiate between a product and a service.


  • PA Economics Standard for Competition
    1. Identify ways local businesses compete to get consumers.

EG Curriculum Take Away
1. Students survey major businesses in the region and look for similarities.

2. Students develop the value proposition of their business.


  • PA Economics Standard for Target Market
    1. Identify who supplies a product and who demands a product.
    2. Identify and define wants of different people.

EG Curriculum Take Away
1. Students explore and develop the supply chain/ logistics of their business.

2. Students evaluate product demand by surveying the needs of their target market.
3. Students learn to segment their market based upon their survey of their potential customers. Changes are implemented on Market Day.


  • PA Economics Standard for Finance
    1. Explain the function of money and its use in society.
    2. Define profit and loss.
    3. Describe how people accumulate tangible and financial assets through income, saving, and financial investment.
    4. Define saving and explain why people save.

EG Curriculum Take Away
1. Students role play real life scenarios dealing with money. Focus is given to budgeting.

2. During the financial section Students are given tools for profit & loss, the development of pricing, break even analysis and developing assumptions.
3. Students use games and case scenarios to simulate the actual management of an enterprise. Variables and situations are introduced to allow students to recognize where income comes from, what they could invest in and the importance of saving.


  • PA Economics Standard for Marketing
    1. Identify forms of advertising designed to influence personal choice.

EG Curriculum Take Away:
1. Students develop the business' value proposition, marketing and communication plan. They also design business cards and marketing material.


  • PA Economics Standard for Entrepreneurship
    1. Identify different occupations.
    2. Define entrepreneurship and identify entrepreneurs in the local community.
    3. Identify leading entrepreneurs in Pennsylvania and the United States and describe the risks they took and the rewards they received.

EG Curriculum Take Away
1. Students are exposed to examples of entrepreneurs and how their use of innovation developed their businesses. The examples used are designed to fit the interests and concerns of the youth we serve.

2. Students are guided through brainstorming exercises to identify local entrepreneurs. Local entrepreneurs then speak to the class as well.

 

 

  
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