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These nine Keystone Economic Principles™ will help energize your curriculum.
- We all make choices
- The TANSTAAFL™ principle (There Ain’t No Such Thing As A Free Lunch!).
- All choices have consequences.
- Economic systems influence choices.
- Incentives produce “predictable” responses.
- Do what you do best, trade for the rest.
- Economic thinking is marginal thinking.
- Quantity and quality of resources impact living standards.
- Prices are determined by the market forces of supply and demand and are constantly changing.
Keystone Economic Concepts – Each principle has associated economic concepts and terminology that helps with evaluating real-world situations in economic terms.
Keystone Economic Principles™ booklet – The booklet comes with classroom posters suitable for hanging to illustrate each principle. Click here to order copies of Keystone Economics Principles.
Keystone Economic Principles™ DVD – Donna Broughton is a former project manager with the Powell Center for Economic Literacy and is one of the authors of the booklet, Keystone Principles. Click here to order a DVD of Donna’s teachings on the nine principles. These DVDs will be a great addition to your training materials as you prepare your teachers to infuse economics into your existing curriculum.