Economics

SSEPF3 The student will explain how changes in monetary and fiscal policy can have an impact 
on an individual’s spending and saving choices. 
a.
Give examples of who benefits and who loses from inflation. 
b.
Define progressive, regressive, and proportional taxes. 
c.
Explain how an increase in sales tax affects different income groups. 
SSEPF4 The student will evaluate the costs and benefits of using credit. 
a.
List factors that affect credit worthiness. 
b.
Compare interest rates on loans and credit cards from different institutions. 
c.
Explain the difference between simple and compound interest rates. 
SSEPF5 The student will describe how insurance and other risk-management strategies protect 
against financial loss. 
a.
List various types of insurance such as automobile, health, life, disability, and property. 
b.
Explain the costs and benefits associated with different types of insurance; include deductibles, 
premiums, shared liability, and asset protection. 
SSEPF6 The student will describe how the earnings of workers are determined in the 
marketplace. 
a.
Identify skills that are required to be successful in the workplace. 
b.
Explain the significance of investment in education, training, and skill development. 

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Economics Social Studies Georgia Performance Standards
 
 
Georgia Department of Education 
Revised 08/01/2012 
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Page 5 of 10 
Copyright 2012 © All Rights Reserved
Social Studies Skills Matrices 
MAP AND GLOBE SKILLS
GOAL: The student will use maps to retrieve social studies information.
I: indicates when a skill is introduced in the standards and elements as part of the content
D: indicates grade levels where the teacher must develop that skill using the appropriate content
M: indicates grade level by which student should achieve mastery, the ability to use the skill in all situations
A: indicates grade levels where students will continue to apply and improve mastered skills
Map and Globe Skills
K 1 2 3 4 5 6 7 8
9-
12
1. use cardinal directions
I M A A A A A A A A
2. use intermediate directions
I
M A A A A A A A
3. use a letter/number grid system to 
determine location
I
M A A A A A A
4. compare and contrast the categories of 
natural, cultural, and political features 
found on maps
I
M A A A A A A
5. use inch to inch map scale to determine 
distance on map
I
M A A A A A A
6. use map key/legend to acquire 
information from, historical, physical, 
political, resource, product and economic 
maps
I
D M A A A A A
7. use a map to explain impact of 
geography on historical and current 
events
I
D M A A A A A
8. draw conclusions and make 
generalizations based on information 
from maps
I
M A A A A A
9. use latitude and longitude to determine 
location
I
D D D M A A
10. use graphic scales to determine 
distances on a map
I
M A A A A
11. compare maps of the same place at 
different points in time and from different 
perspectives to determine changes, 
identify trends, and generalize about 
human activities
I
M A A A A
12. compare maps with data sets (charts, 
tables, graphs) and /or readings to draw 
conclusions and make generalizations
I
M A A A A