In this personal finance lesson, students will use a five-step model to learn about decision making.

This lesson introduces a process of reasoning that is often referred to as the economic way of thinking. The process is summarized in The Handy Dandy Guide, a six-point primer on economic reasoning. Using the Handy Dandy Guide, the students analyze two situations and apply the economic way of thinking.

Lesson 3 Slides

Kahoot! – Decision making and scarcity

Lesson 3 Decision Making Lesson Plan

Lesson 3 Decision Making Student Handout

This lesson is part of Financial Fitness for Life 9-12, 3rd Edition and provides the lesson plan, slides, and activities with educational technology tools. For full access to the other lessons in the book, shop the teacher guide and student workbook below.