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

Lesson

Opportunity Cost

In this personal finance lesson, students will identify the opportunity cost of a spending decision.
Key Concepts: Cost-Benefit Analysis 1, Marginal Analysis 2

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 1, Marginal Analysis 2

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: Externalities 3, Scarcity 4

Should I Use Cash or Credit?

To use or not to use credit for a major purchase is an important decision. There is a nifty process...
Key Concepts: Cost-Benefit Analysis 1, Marginal Analysis 2

Activity

Video

Scarcity Video and Quiz

In this economics video, students will learn about scarcity and play a Kahoot! game.
Key Concepts: Allocation 1, Allocation 2, Allocation 3…

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 1, Marginal Analysis 2