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Paraffin-alia

All resources are limited. It is this simple fact--scarcity--that forces us to make decisions. When we do make a choice,...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Goods and Services…
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Population Growth: Friend or Foe?

The environment has recently been the focus of much research and discussion. Because productive resources are limited, it is important...
Key Concepts: Balance of Trade and Balance of Payments, Decision Making/Cost-Benefit Analysis
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Are the Best Things in Life Free?

Students use economic reasoning to analyze the costs and consequences of marital choice. "The best things in life are free."...
Key Concepts: Budgeting, Incentive
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Martin Luther King Jr. Day

January 18, 2016 is Martin Luther King Day. Students can explore the history behind this day and this charismatic man...
Key Concepts: Balance of Trade and Balance of Payments, Division of Labor/Specialization
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