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List of Benchmarks for Economics 
 Standard 1.Understands that scarcity of productive resources requires choices that generate opportunity costs
  
Topics1. Productivity; 2. Economic incentives
   Level IV (Grade 9-12)
  Benchmark 3.Understands that increases in productivity are affected by incentives that reward successful innovation and investments (e.g., in research and development, and in physical and human capital)
   Vocabulary terms
A.  increases in productivity
B.  incentive for successful innovation
C.  incentive for successful investment
E.  investment in research and development
F.  investment in human capital
G.  investment in physical capital
H.  innovation in research and development
  Knowledge/skill statements
  1. Understands that incentives can bring about increases in productivity    
  2. Knows that incentives reward successful innovation and investment in areas such as research and development   
  3. Knows that incentives reward successful innovation and investment in areas such as physical capital   
  4. Knows that incentives reward successful innovation and investment in areas such as human capital  A   


 A  = Assessment items available

Citation Log: BD(NE,35;​EE,121;​JE,19;​PE,18;​SI,41)
Citation reference
BD = benchmark, declarative
BP = benchmark, procedural
BC = benchmark, contextual

1st letter/number of each code in parentheses:
B   International Baccalaureate: Economics
C   Colorado Economics Standards
DD   Department of Defense: Prekindergarten Social Studies Standards
E   NCEE: Framework for Economics
HS   Head Start: Child Outcomes Framework
J   JCEE: Economics, What and When
MH   McGraw-Hill: Pre-Kindergarten Standards: Guidelines for Teaching and Learning
N   NCEE: Voluntary National Content Standards in Economics
NZ   New Zealand Ministry of Education: Early Childhood Curriculum
P   NAEP: 2006 Assessment Framework in Economics for Grade 12
S   NCSS: Curriculum Standards for Social Studies
T   TEA: Texas Prekindergarten Curriculum Guidelines

2nd letter code :
E = Explicitly stated in document
I = Implicit in document

Number:
Page number of the cited document