High schoolers define the economic term opportunity cost. They complete a cost-benefit analysis related to the purchase of goods. They complete a philanthropic project and reflect on its benefit to the community.
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Economic Reasoning: Why Are We A Nation Of Couch Potatoes?
Learners examine the visual aids of this lesson to study the costs and benefits of decisions about diet and exercise. They investigate human choice as it affects behavior and in turns effects economics and consequences.
9th - 10th Social Studies & History
Becoming a Wise Consumer: Creating a Budget
Can your teenagers afford their lifestyle choices? After they've learned about unit pricing (this lesson is linked), a personal budgeting activity has learners track their spending for an entire week. Groups begin by defining needs and...
7th - 12th Math CCSS: Designed
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