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15.E

Understand the impact of government policies and decisions on production and consumption in the economy.

  • Understand economic systems, with an emphasis on the United States.

Last updated: 
2002-09-22 09:38:22

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Related standards

  • This standard is part of: 15
Finer grained standards that are part of this one

15.E.5a

Explain how and why government redistributes income in the economy.

Illinois DOE
Last updated: 
2002-09-22 09:42:11

15.E.5b

Describe how fiscal, monetary and regulatory policies affect overall levels of employment, output and consumption.

Illinois DOE
Last updated: 
2002-09-22 09:42:20

15.E.5c

Describe key schools of thought (e.g., classical, Keynesian, monetarist, supply-side) and explain their impact on government policies.

Illinois DOE
Last updated: 
2002-09-22 09:42:28
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