Choice, Opportunity, Cost and Decisions
Students discuss the definition of scarcity and tradeoffs, and the differences between choice and cost. They create budgets and must provide tradeoffs for some of their choices.
9th - 12th Social Studies & History 30 Views 79 Downloads
Two Worlds: An Economics Budgeting Project
What sort of challenges does a low income American face as compared with those who are more fortunate? This project allows learners to compare and contrast the budgeting process of both demographics, and to reflect on the real-world...
10th - 12th Social Studies & History CCSS: Adaptable
The Market Economy
From consumers and producers to profits and incentives, offer your learners an overview of the market economy and the concept of supply and demand. Here you will find reading materials that cover several fundamental terms of economics,...
6th - 12th Social Studies & History CCSS: Designed
A Positive Spin
Study word choice and connotation in advertising. Readers examine campaign ads, both negative and positive, from the 2006 mid-term election. They read and discuss an article and analyze a campaign of any candidate they choose. Finally,...
6th - 12th English Language Arts CCSS: Adaptable
Production Possibilities Curve
Use a production possibilities curve to explain efficiency in terms of opportunity cost, consumption, and scarcity. A video shows how the Production Possibilities Curve is used to calculate opportunity cost and scarcity. Learners then...
9th - 12th Social Studies & History
Economics Budget Project
Check out this traditional economics project on budgeting for its great additional materials, which include samples as to how learners can write proper goal/income/expenditure/balanced budget analyses, as well as an Excel spreadsheet...
11th - 12th Social Studies & History CCSS: Adaptable