Other
Amos Web Gloss Arama: Opportunity Cost
Provides readers with a definition and explanation of the concept of opportunity cost. Gives great details and compares the term with similar concepts.
Georgia Department of Education
Ga Virtual Learning: Economics: International Economics: Trade and Currency
Economics learning module on international trade and currency. Unit includes multi-media resources, assignments, projects and tests.
Choices Program, Brown University
Choices: Teaching With the News: Globalization and the Economic Crisis
One-day lesson provides learners an opportunity to explore a series of political cartoons and consider the relationship between globalization and the economic crisis. Note: Video content may not load in archived version.
Other
Federal Reserve Bank of Boston: The Economics of Pro Team Sports
Great interactive baseball game that combines your knowledge of economics and pro sports trivia. After completing the nine innings, you should have a better understanding of how economics is used in everyday life.
Other
Acdi/voca: Expanding Opportunities Worldwide
ACDI/VOCA is a non-profit organization that is dedicated to alleviating poverty worldwide through broad-based economic growth.
Black Past
Black Past: Mound Bayou
This interesting encyclopedia article recounts the self-segregated community of Mound Bayou, Mississippi, which was founded as a place for blacks to find economic opportunity at a time of extreme racial violence in the South.
Khan Academy
Khan Academy: Lesson Summary: Scarcity, Choice, and Opportunity Costs
An introduction to the concepts of scarcity, choice, and opportunity cost.
Khan Academy
Khan Academy: Ap Macroeconomics: Lesson Summary: Opportunity Cost and the Ppc
In this lesson summary, review the key concepts, key terms, and key graphs for understanding opportunity cost and the production possibilities curve.
Tutor2u
Tutor2u: Opportunity Cost
This description explains the concept of opportunity cost and gives examples.
Council for Economic Education
Econ Ed Link: The Economics of Homebuying
This lesson plan analyzes the costs and benefits of homeownership and asks the student to describe the factors that affect affordability, use cost-benefit analysis and knowledge of home-buying procedures to reduce the costs, analyze the...
Council for Economic Education
Econ Ed Link: Economic Spotter: Resources During World War Ii
In World War II pennies were made of steel and zinc instead of copper and women were working at jobs that men had always been hired to do. Why? Because during war times, scarcity forces many things to change!
OpenStax
Open Stax: Contesting Futures: America in 1960s: Lyndon Johnson and Great Society
Read about the reforms and legislation undertaken through Lyndon B. Johnson's concept of the Great Society. These included economic and educational reforms, consumer protection, changes to immigration laws, and the Voting Rights Act of...
Other
Weber State: Key Legislation to Create the Great Society
Read about President Lyndon Johnson's vision for a more compassionate America, one that offered educational and housing opportunities, protected the envrionment, and cared for the nation's seniors. Find a list of the legislation passed...
Other
Ndi: Building a Better Economic Future for Americans With Disabilities
A website operated by an organization that strives for people with disabilities have equal opportunity to gain financial security and independence. Website includes their strategic plan as well as resources that include document,...
Other
The City of Dryden: Ontario, Canada
Dryden is known as Ontario's Northwest Wilderness City. It is known for its natural beauty and as a tourism center. Provided is information on its services, economics, and tourism.
Other
Pbs: Half the Sky: Turning Oppression Into Opportunity for Women Worldwide
A program to put an end to the oppression of women and girls worldwide brings together an information site where visitors can find blogs, social media feeds, celebrity and crew diaries, videos, and up-to-date information about the...
Internet History Sourcebooks Project
Fordham University: Modern History Sourcebook: The War on Poverty
At this site from Fordham University you can read Lyndon B. Johnson's "Proposal for A Nationwide War On The Sources of Poverty," which was originally relayed to Congress in March of 1964. Read about the "five basic opportunities" Johnson...
Wikimedia
Wikipedia: Opportunity Cost
Provides a clear explanation of opportunity cost in a way that is accessible to those new to economics. Includes links to terms that may require further clarification.
Council for Economic Education
Econ Ed Link: Off to Interactive Island
This activity provides a fun way to explore concept of economic decision making. In the instructional activity, students are given a limited number of "tokens" and asked to exchange those tokens for goods in preparation for pioneering in...
Council for Economic Education
Econ Ed Link: Be All You Can Be for Minimum Wage? (Educator Page)
This lesson plan ask students to calculate the percentage change in military strength over the last two decades, hypothesize economic (and non-economic) explanations for these changes, test hypothetical explanations by reading an...
Council for Economic Education
Econ Ed Link: Classroom Cash Incentive Plan
Learn more about the economy through this informative lesson. "In this lesson, you will learn how the incentive program affects the personal choices you make in class. You will also analyze how economic incentives can affect behavior."
Council for Economic Education
Econ Ed Link: Paraffin Alia
All resources are limited. It is this simple fact--scarcity--that forces us to make decisions. When we do make a choice, we pass up some other opportunity. Opportunity cost is defined as the next best alternative not chosen, or the...
Council for Economic Education
Econ Ed Link: The Perfect Pet
Consider the economic concept of scarcity while selecting items to buy at a pet store.
Wikimedia
Wikipedia: There Ain't No Such Thing as a Free Lunch (Tanstaafl)
This on-line encyclopedia provides the definition of the economic acronym "TANSTAAFL," which is a way to explain opportunity cost.