Collection
Teaching the Fundamentals: Scarcity, Opportunity Cost, and Decision Making for High School

Lesson

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Decision Making

In this personal finance lesson, students will use a five-step model to learn about decision making.
Key Concepts: Decision Making, Opportunity Cost, Opportunity Cost…

Production Possibilities Curve

In this economics lesson, students will use a production possibilities curve to learn about scarcity and opportunity cost.
Key Concepts: Scarcity

You're Going to College

In this personal finance lesson, students will explore the cost of a college education to make more informed choices.
Key Concepts: Cost-Benefit Analysis, Marginal Analysis

Sand Art Brownies

In this lesson, you will learn about substitute goods. You will have choices to make in your role as a...
Key Concepts: Scarcity

Activity

Video

Scarcity Video and Quiz

In this economics video, students will learn about scarcity and play a Kahoot! game.
Key Concepts: Allocation, Allocation, Allocation…

Opportunity Cost Video and Quiz

In this economics video, students will learn about opportunity cost and play a Kahoot! game.
Key Concepts: Cost-Benefit Analysis, Marginal Analysis