Khan Academy
Khan Academy: Lesson Summary: Scarcity, Choice, and Opportunity Costs
An introduction to the concepts of scarcity, choice, and opportunity cost.
![Sukromne Gymnazium: The Study of Economics [Pdf] Handout](https://d15y2dacu3jp90.cloudfront.net/images/attachment_defaults/resource/large/FPO-knovation.png "Sukromne Gymnazium: The Study of Economics [Pdf] Handout")
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Sukromne Gymnazium: The Study of Economics [Pdf]
An introduction to basic concepts in beginning economics.
Tutor2u
Tutor2 U: Economics: Scarcity and Choices
This website offers a simple examination of scarcity, finite resources, and needs vs wants.
Council for Economic Education
Econ Ed Link: If I Ran the Zoo Economics and Literature
Welcome to the Zoo! In this two-day lesson you will use Dr. Seuss' If I Ran The Zoo book to introduce the economic concepts to your students. You will also get the chance to use actual zoo criteria to help a zoo "choose" new animals.
Khan Academy
Khan Academy: The Production Possibilities Frontier
The Production Possibilities Frontier (PPF) is a graph that shows all the different combinations of output of two goods that can be produced using available resources and technology. The PPF captures the concepts of scarcity, choice, and...
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Foundation for Teaching Economics: Homepage
The Foundation for Teaching Economics is committed to excellence in economic education. The Foundation offers free workshops for high school educators and students. This site includes workshop dates, locations, and registration...
Council for Economic Education
Econ Ed Link: Production Possibilities Curve
Students will apply the concepts of scarcity, choice, and opportunity costs using a production possibilities curve. Students will interpret points inside and outside the curve. As an extension, students will see the relationship between...
Council for Economic Education
Econ Ed Link: You Can Bank on This! (Part 2)
As in the first ', You Can BANK on This, you will learn that banking should not be confusing - it should be INTERESTING! Lesson Two will continue learning with Zing, but this time we will learn all about budgeting - and budgeting means...
Council for Economic Education
Econ Ed Link: Hawaiian Economics: From the Mountains to the Sea
Ancient Hawaii was ruled by chiefs, who were responsible for the well-being of their people and for managing the islands' resources. The chiefs divided the islands into land districts shaped like pie slices called Ahupua'a (ah-who-...
Council for Economic Education
Econ Ed Link: Trade to the Tailor: Student Version
Students can use this site online in conjuction with the teacher's lesson plan, "Trade to the Tailor."
Council for Economic Education
Econ Ed Link: Fad or Fortune
This lesson focuses on collectibles and how they retain, lose, or gain value. In each round of a trading simulation, students will learn more about the value of their collectibles and discuss why items gain or lose value. They will...