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Learn more about the economy through this informative lesson. "For 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."
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Concepts
Additional Tags
benefits, choices, cost/benefit analysis, costs, econedlink, economic incentives, economic reasoning, economic specialization, exchange of goods and services, incentive choice, learning activities, learning exercises, council for economic education, e.f.3 people cannot have all the goods and services they want and, as a result, must choose some things and give up others., econ ed link: classroom cash incentive plan, incentive and choice
Classroom Considerations
- Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)