Opportunity Cost Teacher Resources

Find Opportunity Cost lesson plans and worksheets
Showing 1 - 24 of 277 resources
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Middle School World History

For Teachers 6th - 8th Standards
A 22-lesson Middle School World History unit uses a unique problem-solving approach to teach tweens economic history. After reading articles that provide background information, pupils engage in activities and simulations that require...
10 Items in Collection
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Practical Money Skills: Lessons for Special Needs Students

For Students 6th - 12th
Help special needs learners develop the money management skills they need to prepare for living on their own. The collection of 10 lessons cover budgeting, shopping, banking, saving and investing, understanding credit, and much more....
30 Items in Collection
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Economic Lowdown Podcast Series

For Teachers 9th - 12th Standards
Accepting a cow as payment for a car is not udder-ly ridiculous. A collection of 21 podcasts provide high schoolers with the lowdown on economics. Topics covered include economics, banking, monetary policy, and the role the Federal...
4 Items in Collection
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Katrina's Classroom: Teaching Money Skills for Life

For Teachers 7th - 12th Standards
Imagine a hurricane teaching high schoolers about financial preparedness! The four lessons in this collection are based on the personal stories in Katrina’s Classroom: Financial Lessons from a Hurricane video. Topics include goal...
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Opportunity Cost

For Teachers 9th - 12th Standards
The price of those new shoes involves more than just money! Individuals explore the concept of opportunity cost using a video clip and gratification discussions. They prepare a budget based off of their set of values in regards to...
1 In 1 Collection 5:10
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Episode 8, Segment 3: The PPF Illustrates the Law of Increasing Opportunity Cost

For Students 8th - Higher Ed Standards
What is the cost of doing business? Scholars employ the law of Increasing Opportunity Cost to understand how making one product often costs the production of another. To finish the lesson, scholars discuss the cost of success, along with...
1 In 1 Collection 5:13
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Episode 8, Segment 1: The PPF Illustrates Scarcity and Opportunity Cost

For Students 8th - Higher Ed Standards
Decisions, decisions ... how do people make up their minds? Scholars research the concepts of scarcity and opportunity cost as they view a short video describing the basis behind making choices based off of availability and price....
1 In 1 Collection
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Episode 1: Opportunity Cost

For Students 8th - Higher Ed Standards
The concept of opportunity cost challenges historians to analyze how some choices come at a loss in the opening lesson of a 21-part economic series. Podcasts offer insight into the subject of what a decision costs the consumer....
3:18
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Production Possibilities Curve and Opportunity Cost

For Students 11th - 12th Standards
What happens when the resources used as part of a production possibilities curve are not easily adaptable to produce both goods? Watch as an economics instructor uses an example of an economy producing pizzas and robots in order to...
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Identifying Opportunity Cost

For Teachers 9th - 12th
Students work together to examine the concept of opportunity costs. They complete a practice problem and solve other problems during the class period. They share their solutions with the class.
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Choices Are Everywhere: Why Can’t We Just Have It All?

For Students 11th - 12th Standards
Here is a resource covering a range of terms and concepts regarding scarcity, opportunity cost, and government debt in economics. 
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Opportunity Cost

For Teachers 3rd
Third graders explore the concept of opportunity cost. In this introductory economics lesson, 3rd graders explore the idea of opportunity cost in relation to their own lives. Students analyze decisions they have made in the past and...
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Production Possibilities Curve

For Teachers 9th - 12th
Use a production possibilities curve to explain efficiency in terms of opportunity cost, consumption, and scarcity. A video shows how the Production Possibilities Curve is used to calculate opportunity cost and scarcity. Learners then...
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Across the Lines by Carolyn Reeder

For Teachers 8th
Eighth graders, while reading "Across the Lines," by Carolyn Reeder, relate economic decision-making to events depicted in the novel. They identify the opportunity cost of various jobs. A scarcity timeline is created to involve the...
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Opportunity Cost

For Teachers 10th - 12th Standards
Would you rather eat a peanut butter cup or a Milky Way bar? Would you rather listen to rap or rock music today? These are a few of the questions your learners will approach as they consider the concept of opportunity cost, and before...
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Economics: Opportunity Cost

For Teachers 2nd - 8th
Students explore economics by completing a money principles activity in class. In this consumer math activity, students utilize a three column table in order to trade class items for other goods. Students identify the opportunity cost...
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Susan's Choice

For Teachers 2nd - 3rd Standards
Young economists explore opportunity cost by counting how much money Susan has in her piggy bank. From here, they are challenged to help Susan make a choice about what she can buy with her money. 
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Opportunity Cost

For Teachers 9th - 12th
High schoolers review the concept of opportunity cost. Using a clip from a money, they identify the people who made a choice and the value of the choice given up. They read various scenarios about opportunity costs and trade-offs and...
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Opportunity Cost

For Teachers 5th
Fifth graders build upon knowledge and skills that allow them to understand the concept of opportunity cost.  In this mathematical economics lesson plan, 5th graders define opportunity cost, and analyze situation where economical choices...
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Opportunity Cost

For Teachers 7th - Higher Ed
Students study what opportunity cost is and why it is important to their lives.
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Scarcity and Opportunity Cost - To Choose Is To Refuse

For Teachers 8th - 12th
Students are introduced to scarcity and opportunity costs. They discuss how different societies allocate their resources differently based on their needs. Illustrating trade offs, they create a production possibility frontier. They...
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Production Possibilities & Opportunity Cost

For Students 12th
In this economics instructional activity, 12th graders respond to 15 multiple choice questions about production possiblities and opportunity costs.
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Location of Resources in Early Civilizations

For Teachers 6th
Sixth graders define scarcity and opportunity costs.
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Economics Study Guide

For Students 11th - 12th
Use this resource as a basic review of economic principles. There are six questions relating to the factors of production, opportunity costs, wants and needs, tangibles and intangibles, and more.

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Opportunity Cost