Designed for Grades: 11-12
Estimated Time: 50 minutes
National Standards: Complies with NBEA Economics 2023 Standard I.1 Assess opportunity costs and tradeoffs involved in making choices about how to use scarce economic resources
Objectives:
I.1.6. Define and give examples of trade-offs and the opportunity for personal choice.
I.1.10. Evaluate the economic trade-offs of alternatives for solving societal problems according to economic goals (e.g., economic growth equity, efficiency, security, employment, stability, and freedom).
Materials:
● Whiteboard or Smart Board
● Opportunity Costs for a Healthy Economy handouts
● Quiz (handout)
● Student Laptops with internet access
Feeling inspired? Share these insights on social.
If you're not yet a member, click here to learn the benefits of membership.