ECONOMICS CURRICULUM MAP/STANDARDSYEAR LONG COURSE2012-2013SECOND NINE-WEEKSUnit 3: Markets:Not just for fleas & stocks Unit 4: Government & the Economy: Superhero or Villain? Economics Unit 3: “Markets: Not just for fleas and stocks” SSEF3 The student will explain how specialization and voluntary exchange between buyers and sellers increase the satisfaction of both parties. 1a. Give examples of how individuals and businesses specialize. 2b. Explain that both parties gain as a result of voluntary, non-fraudulent exchange.Date(s) taught: Date Assessed:SSEMI1 The student will describe how households, businesses, and governments are interdependent and interact through flows of goods, services, and money. 1a. Illustrate by means of a circular flow diagram, the Product market; the Resource market; the real flow of goods and services between and among businesses, households, and government; andthe flow of money. 2b. Explain the role of money and how it facilitates exchange.