Resource


http://www.servicelearning.org/sites/default/files/download/slice/Economics%20SVDP.pdf

Summary


Students develop an understanding of the difficulties of improving socioeconomic class as well as the difficulties of attaining housing and employment when faced with other obstacles. This will, in part, be done through calculations of budgets, resources, and institutional expenditures across the socio-economic spectrum in order to link economic notions of choice to statistical data on resource distribution.


CCSS Alignment for Grades 6-12


  • 6.EE.9.Use variables to represent two quantities in a real-world problem that change in relationship to one another; write an equation to express one quantity, thought of as the dependent variable, in terms of the other quantity, thought of as the independent variable. Analyze the relationship between the dependent and independent variables using graphs and tables, and relate these to the equation. Students will use variables to represent socio-economic class with cost of living and determine the dependent and independent variables and relate the equation to graphs that display the relationship between these kinds of variables.

  • 7.EE.4. Use variables to represent quantities in a real-world or mathematical problem, and construct simple equations and inequalities to solve problems by reasoning about the quantities. Students will use variables to represent quantities for cost of living across socioeconomic groups and construct simple equations to solve problems in terms of their difference.

  • 8.EE.7. Solve linear equations in one variable. Students will solve linear equations with a single “Weighted Decision” variable.

  • A-CED.2. Create equations in two or more variables to represent relationships between quantities; graph equations on coordinate axes with labels and scales. Students will create equations with at least two variables to express the differences in cost of living between socioeconomic groups in terms of specified products and payments, e.g., mortgage payments, car loans, and check cashing fees.