LEARN NC

K–12 teaching and learning · from the UNC School of Education

About this resource

Appropriate grades
10–12
Provider
National Council on Economic Education

Legal

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In this lesson from EconEdLink, students use the Bureau of Labor Statistics website to track unemployment rates for their community, and after researching information about the industrial makeup of their community, explain whether their local unemployment rates tend to remain stable or tend to reflect changes in national economic growth and recession. This lesson incorporates an interactive student activity and links to a variety of web resources.

North Carolina Curriculum Alignment

Social Studies (2003)

Grade 10 — Economics and Civics

  • Goal 9: The learner will analyze factors influencing the United States economy.
    • Objective 9.01: Identify phases of the business cycle and the economic indicators used to measure economic activities and trends.
    • Objective 9.05: Explain the impact on the United States economy of international trade and global products.
    • Objective 9.08: Analyze the influence of environmental factors, economic conditions, and policy decisions on individual economic activities.

Grades 11–12 — Contemporary Issues in North Carolina History

  • Goal 4: The learner will examine the state of North Carolina's economy and consider ways to improve current conditions.
    • Objective 4.01: Compare and contrast the economic situations in North Carolina over the last decade.
    • Objective 4.02: Analyze the changes and reasons for those changes.
    • Objective 4.03: Describe suggestions for solving economic problems.

Grades 11–12 — Economics

  • Goal 4: The learner will evaluate the roles of government in a market economy.
    • Objective 4.07: Distinguish between federal deficits and the national debt and predict their future effects on the economy.
    • Objective 4.08: Predict the effects of federal spending and taxation on budget deficits and surpluses and the national debt.
  • Goal 5: The learner will examine the various ways economic performance is measured.
    • Objective 5.04: Identify the causes of inflation and analyze its impact on economic decisions.
    • Objective 5.06: Identify causes and effects of inflation, and analyze its impact on economic decisions.
    • Objective 5.07: Illustrate and explain the determinant of unemployment and inflation in an economy.
    • Objective 5.08: Compare and analyze current unemployment rates at the local, state, and national levels.
    • Objective 5.09: Propose solutions for addressing issues of unemployment in the community.
  • Goal 7: The learner will assess economic stabilization policies and how they impact the economy.
    • Objective 7.02: Describe the negative impact unemployment and unintended inflation has on the economy.
    • Objective 7.04: Analyze the role of taxation and fiscal policy in promoting price stability, full employment, and economic growth.