Council for Economic Education
Opportunity Cost
The price of those new shoes involves more than just money! Individuals explore the concept of opportunity cost using a video clip and gratification discussions. They prepare a budget based off of their set of values in regards to...
Curated OER
Identifying Opportunity Cost
High schoolers work together to examine the concept of opportunity costs. They complete a practice problem and solve other problems during the class period. They share their solutions with the class.
Curated OER
Globalization: Threat or Opportunity for the U.S. Economy?
Students study the pros and cons of globalization. They highlight the economic concepts of comparative advantage, specialization, and opportunity cost. They read and discuss the "FRBSF Economic Letter: Globalization: Threat or...
Elizabeth Murray Project
Gender and Opportunity in Colonial America
What was life like for women in Colonial America? What restrictions were placed upon them and what opportunities were they afforded? A case study of Elizabeth Murray offers high schoolers a chance to investigate primary source...
Curated OER
Opportunity Cost
High schoolers review the concept of opportunity cost. Using a clip from a money, they identify the people who made a choice and the value of the choice given up. They read various scenarios about opportunity costs and trade-offs and...
Curated OER
Opportunity Cost
Students study what opportunity cost is and why it is important to their lives.
Curated OER
Scarcity and Opportunity Cost - To Choose Is To Refuse
Students are introduced to scarcity and opportunity costs. They discuss how different societies allocate their resources differently based on their needs. Illustrating trade offs, they create a production possibility frontier. They...
Curated OER
Location of Resources in Early Civilizations
Sixth graders define scarcity and opportunity costs.
Curated OER
Franchise Opportunity
Young scholars identify and evaluate franchise as a business opportunity. Lesson is culminating project in a business course.
Curated OER
Trade Creates Opportunities
Students examine how trade can create economic opportunities and can be a impetus for social change. They research the "Asian Tigers" and design a class presentation.
Curated OER
Tarantula Shoes
High schoolers read a book about Ryan O'Keefe, a young man who wants a pair of basketball shoes promoted by a basketball star. They explore about spending, saving, opportunity cost, and trade-offs as they study Ryan's decisions...
Council for Economic Education
Timing Is Everything
Students discuss the incentives and opportunity costs of spending vs. saving. They follow an interactive website which shows them the how much money they could end up with by saving instead of spending.
Curated OER
Why Nations Trade
Students discuss international trade. In this trade activity, students read about comparative advantage and the benefits of international trade. Students perform a skills test to determine their individual specialization areas and write...
Curated OER
Give and Take
Students analyze a scheduling dilemma. In this opportunity cost and trade-offs lesson, students must schedule the school gym for basketball games, but there are not enough hours for all the games. Groups determine how time will be...
Curated OER
Something from Nothing
Learners identify opportunity costs. In this resources instructional activity students are read the story Something from Nothing by Phoebe Gilman. Learners list the things Grandpa makes Joseph. Students state why people make choices.
Curated OER
Creating Volunteers
Students discuss the benefits of volunteering. In this creating volunteers instructional activity, students consider philanthropic actions and opportunity costs. Students create a song and visual aid about being a volunteer.
Federal Reserve Bank
Beatrice’s Goat: A Lesson on Savings Goals
Youngsters learn the meaning of saving and how to reach savings goals by first reading a story of a young Ugandan girl who is gifted a goat, and then discovering the opportunity costs of savings decisions made by her and her family.
Federal Reserve Bank
The Pickle Patch Bathtub
What do your pupils want to save up their money for? Based around the book The Pickle Patch Bathtub, this lesson covers opportunity cost, saving, and spending. Learners participate in a discussion and practice making their own...
Council for Economic Education
Production Possibilities Curve
Demonstrate the important economic principles of the production possibilities curve, including how to calculate opportunity cost and graph curves by using a table or calculation. Learners use a variety of methods, including videos,...
Federal Reserve Bank
Something Special For Me
People often save money, but what are the benefits and drawbacks of that action? Youngsters learn about saving, savings, and opportunity cost through the lens of a short book, called Something Special for Me.
Curated OER
Right to Equal Opportunity
Young scholars investigate the concept of equal opportunity in school. In this equal opportunity instructional activity, students participate in a discussion about the fairness of certain situations in school. They listen to a story...
Chemistry Teacher
Metals, Nonmetals, and Metalloids Lab
What an exciting way to introduce your blossoming chemists to the world of metals, nonmetals, metalloids, and polymers! Here is a lab activity that is designed to allow pupils the opportunity to visualize the reaction of metals,...
Historical Thinking Matters
Spanish-American War: 5 Day Lesson
Nine historical documents, an interactive online notebook, and a fantastic opportunity for historical inquiry await your pupils in this 5-day lesson plan. Class members identify and discuss various causes for the Spanish-American War...
Curated OER
The Square Counting Shortcut
An excellent lesson that encourages students to discover how complex figures can be broken into simpler shapes when measuring area. Working with block letters, learners are given the freedom to develop their own strategies for...
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