Visuals & Activities
- Opportunity Cost
Standards in Economics and Personal Finance
View the standards that correlate to this lesson:
Jonas, a twelve-year old, lives in a seemingly perfect futuristic world. His community protects him from all harm and in doing so has taken away his opportunity to make decisions. Will Jonas ever be able to make a choice on his own? This lesson is...
To get started, the students will read Lyddie, a novel by Katherine Paterson. The novel is set mainly in Lowell, Massachusetts, in the 1840s. In Lowell the main character, 13-year-old Lyddie Worthen, works six days a week, from dawn until dusk, ...
Students will define opportunity cost, and with this in mind students will list various career choices and salaries and calculate future value of money
Credit cards are convenient, user friendly, and at times dangerous. In this lesson students learn the joys and dangers of using credit as they help Credit, the main character in this activity, solve her credit problems.
This lesson focuses on collectibles and how they retain, lose, or gain value. In each round of a trading simulation, students will learn more about the value of their collectibles and discuss why items gain or lose value. They will record and refl...
This publication contains complete instructions for teaching the lessons in Choices and Changes, Grades 5-6. The Choices and Changes series is designed to help students understand how the U.S. economy works and their roles in the economy as consu...
This publication helps students analyze energy and environment issues from an economics perspective.
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