Lesson Plan: Economics - Allocating Resources
Title: "Allocating Resources"

Designed for Grades: 11-12

Estimated Time: 50 minutes

National Standards: Complies with NBEA Economics 2023 Standard I.1 Assess opportunity costs and trade-offs involved in making choices about how to use scarce economic resources.


●       I.1.13. Suggest what a business or nation should do if economic resources are under-utilized and when a business or nation might choose to store resources.

●       I.1.14. Explore common recommendations and alternatives for what a business or nation could do to stimulate economic growth.


●       Whiteboard or Smart Board

●       Economic Growth worksheets

●       Student Laptops with internet access

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