Teaching the Fundamentals: Scarcity, Opportunity Cost, and Decision Making for Middle School Archives

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

Grades 3-5, 6-8

Learning Economics with Minecraft: Choices, Costs and Benefits

In this economics lesson, students will use cost-benefit analysis to build their own Minecraft shelter.

Key Concepts: Cost-Benefit Analysis, Marginal Analysis

90 mins

Lesson

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Grades 6-8

Cybersecurity and Economics: Social Media and You

How do you make wise decisions about posting on social media? In this lesson, students will learn how to differentiate...

Key Concepts: Cost-Benefit Analysis, Marginal Analysis

Lesson

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Grades 6-8

Cybersecurity and Economics: Evaluating Websites

In this lesson, students access a website to research the Pacific Northwest Tree Octopus, which is a hoax. The initial...

Key Concepts: Cost-Benefit Analysis, Marginal Analysis

Lesson

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Grades 6-8

"The Giver": Jonas Makes a Choice

Jonas, a twelve-year old, lives in a seemingly perfect futuristic world. His community protects him from all harm and in...

Key Concepts: Scarcity

Lesson

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Grades 6-8, 9-12

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: Scarcity

Lesson

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Grades 6-8, 9-12

I Don't Want Much, I Just Want More: Allocation and Decision-Making

In this economics lesson, students will assess the costs and benefits of product allocation methods.

Key Concepts: Scarcity

60 mins

Lesson

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Grades 3-5, 6-8

The Perfect Pet

In this economics interactive, students will learn about decision making while shopping for a fish.

15 mins

Activity

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Grades 6-8, 9-12

You Decide - Money Allocation Game

Let your students allocate $20,000 money to these repair jobs based on how important they are in the area!

Key Concepts: PPC, PPC

Activity

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Grades 3-5, 6-8, 9-12

Scarcity Video and Quiz

In this economics video, students will learn about scarcity and play a Kahoot! game.

Key Concepts: Allocation, Allocation, Allocation…

10 mins

Video

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Grades 3-5, 6-8, 9-12

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, Marginal Analysis

20 mins

Video

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Grades 6-8, 9-12

Decision Making/Cost-Benefit Analysis Video and Quiz

This video teaches the concepts of Decision Making and Cost-Benefit Analysis. Decision making refers to the process by which rational...

Key Concepts: Scarcity

Video

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Lesson

Activity

Video

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