Nevada's nine academic standards for economics call for specific educational outcomes in grades 2, 3, 5, 8, and 12. They contain performance level descriptors. Nevada's standards aim to help students develop fundamental economic concepts; learn about economic performance in the United States; demonstrate a knowledge of how investment, entrepreneurship, competition, and specialization lead to changes in the economy; and explore the characteristics of non-U.S. economic systems to demonstrate an understanding of how the United States is connected, through trade, to peoples and cultures throughout the world. (Includes an extensive economics glossary.) (BT)