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Scarcity, Choice and Decisions

Students study the basic economic trilogy (scarcity, choice, and costs). In this money management lesson plan, students use a scenario of a High School Prom to calculate how scarcity, choice and cost apply by completing provided worksheets and creating budgets that use each concept learned.

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Resource Details

Grade
10th - 12th
Subjects
Economics & Business
3 more...
Resource Type
Lesson Plans
Duration
2 days
Instructional Strategies
Project-Based Learning
1 more...
Technology
Calculator
Year
2010
Included Materials
  • Project
  • Worksheet