Resources cannot be aligned to this standard, browse sub-standards to find lessons.
Economic thinkers investigate the underlying cause of market failures and how to best use government policy to correct the failures.
What criteria might you use in creating a tax system?
How does competition affect the choices consumers have in an economy?
Economic thinkers understand that the average tax rate captures the burden of a tax, but that behavior is more likely to be impacted by changes in the marginal tax rate.
Economic thinkers recognize the importance of evaluating tax structures by examining how taxes paid change with the tax base.