State Content Standards
Open & Operating relates to the following economics
content standards in the nine states served by the Federal
Reserve Bank of San Francisco.
Alaska Content Standards for Government
and Citizenship (Grades 9-12)
Content Standard F: A student should understand the economies
of the United States and the state and their relationships
to the global economy.
A student who meets the content standard should:
#6: understand the role of economic institutions in the
United States, including the Federal Reserve Board,
banks, investors, and the stock market
Arizona Content Standards for Economics
Standard 4: Economics
Students develop economic reasoning skills to apply basic economic
concepts, assess problems, make choices, and evaluate the
choices of others as consumers, workers, and citizens participating
in local, national, and global economies.
4SS-P2. Use economic concepts, theories, principles, and quantitative
analyze current events, with emphasis on:
PO 3. evaluating the economic implications of current events
as found in such sources as magazine articles, newspaper
articles, radio and television reports, editorials, and Internet
4SS-P3. Describe how households and firms are interdependent
and how their
relationship is affected by trade, exchange, money, and banking,
with emphasis on:
PO 4. the role of financial institutions and securities markets
4SS-P7. Describe the basic principles of macroeconomics, with
PO 5. the functions of the Federal Reserve System
and its influence on the economy
California History-Social Science
Content Standards Principles
of Economics (Grade 12)
12.3 Students analyze the influence of the federal government
on the American economy.
4. Understand the aims and tools of monetary policy and their
influence on economic activity (e.g., the Federal Reserve).
Hawaii Economics Content Standards
and Grade Cluster Benchmarks (Grades 9-12)
Benchmark #4: Role of Government
4. Students understand how the government influences the well
being of people and institutions.
#2. Analyze the functions
of the Federal Reserve System and the government role to
set policy and how these policies influence
Idaho Power Standards for Social Studies
High School Economics
01. Understand there are many influences on
c. Describe and illustrate the impact
of governmental policies and decisions on economic systems.
513. Economic Institutions
01. Know the different types of economic institutions and
understand how they differ from one another.
Nevada Economics Content Standards (Grade 12)
5.12.3 Explain how the Federal Reserve influences bank loan
activity using the reserve requirement, discount rate, and
open market operations.
Oregon Content Standards for the Social
Sciences (Grade 10)
Economics: Understand economic concepts and principles and
how available resources are allocated in a market economy.
Standard 4 – CIM
Content standard: Understand the role
of government and institutions (i.e. banks) in an economy.
CIM/CAM – Understand how government
responds to problems in the economy (rapid inflation or
rising unemployment) with
fiscal and/or monetary policies.
Content standard: Understand
the purpose and functions of money in the economy.
CIM/CAM – Understand how money make saving and borrowing
- Understand how money functions
in the banking system and as part of fiscal policy.
Utah Core Standards for Social Studies
U.S. Government & Citizenship
Standard 5: Students will understand basic economic principles
and how they influence everyday life.
Washington Essential Academic Learning
Requirements for Economics (Grade 9-12)
3. Students understand the role of government and institutions
in past and present economic systems.
3.2 Understand the role
of money, banking, and financial institutions and how individuals
and businesses use them
the role of national and international financial institutions
in controlling the monetary supply, influencing
prices and production, and the activities of other financial