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Opportunity Costs
Opportunity Cost is a Social Studies lesson that teaches students the concepts of scarcity, opportunity costs, and economic interdependence. Students do a close read of an original informational text before applying their knowledge to identify the opportunity costs, explaining how our choices affect
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196 Ratings
4.0

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Scarcity, Choice, and Opportunity Cost Lesson
Everything you need to teach your students about scarcity, choices, and opportunity costs! This lesson comes with vocabulary cards, individual, whole group, and partner practice pages. It includes introduction activities as well as partner activities to help introduce the concept wth real life app
$4.00
60 Ratings
4.0

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Making Economic Choices (Opportunity Cost)
Students explore economic choice and opportunity cost. Students are given a choice to make between various toys. The students are to complete a "pros and cons" chart to help them decide which toy they will buy and why.
$1.00
126 Ratings
4.0

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Opportunity Cost - Scenario Cards
I used these cards during a Social Studies - Economics lesson. This makes a sometimes tricky topic fun, hands-on and engaging. Played like a scoot, students had to read the card and determine the economic benefit or the choice as well as the opportunity cost. They then need to fill in the chart
$2.00
113 Ratings
3.9

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OPPORTUNITY COST CUPCAKES-Updated
This is so much fun for the younger grades to learn about opportunity cost during a first, second, or third grade economics unit. It will require you to bring in some cupcakes and toppings, but it will motivate the students to learn and provide them a great example about making choices.Thank you fo
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63 Ratings
4.0

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Opportunity Cost - Flip Booklet
Opportunity Cost Flip Book The next page is a sample of the booklet I made with my students. I had them choose between Starbursts (2) and a snack size baggie of M&Ms (prepackaged). Students who picked M&Ms had to give up Starbursts and vice versa. For the other pages of the book, I had stu
$2.00
61 Ratings
3.9

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Opportunity Cost Ice Cream Sundae Task for Economics
The students will be given $5.00 to spend on an ice cream sundae. They must budget their money and then "purchase" the ice cream sundae to eat! After, they will answer questions about scarcity, opportunity cost, and benefits involved in this task. This task can be used as an exploration activity
$2.50
45 Ratings
4.0

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Economics: Opportunity Cost Candy Activity
This activity involves both candy and a group activity- some of the better learning tools available to us as educators! After experiencing and participating in this activity, students will be able to fully comprehend the concept of opportunity cost vs. trade-offs. It is very easy to run, and is
$3.00
19 Ratings
4.0

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Economic Choice and Opportunity Cost
Students must make an economic choice and opportunity cost. Students make write which item was their economic choice and which item was their opportunity cost. They must explain why they made their choices.
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39 Ratings
4.0

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Economics: Scarcity, Choice, and Opportunity Cost.
Practice or Assessment Questions! Start with Scarcity (4 senarios) and the choices that come with it (real life senarios that students can understand!) The next part is Senarios where students find the Scarcity, the Choices, the decision made, and the opportunity cost! Very effective for helping
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38 Ratings
3.9

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Opportunity Costs - Hands on 'Buying' Experience
Students will have the chance to 'buy' items after given an allotment of $5 in play money. They must make choices as to what they will buy; they will need to think about how making the choice to buy certain things means that they give up the opportunity to buy other things. This provides a hands-o
$1.50
29 Ratings
4.0

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Lemonade Stand Game to teach Supply and Demand and Opportunity Cost
This is an interactive guide students can use while they play the Lemonade Stand Game online. I use it with my students to teach opportunity cost, and supply and demand.
$1.00
27 Ratings
3.9

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PDF (67.82 KB)

ECONOMICS: Opportunity Cost Scenarios Lesson
Economics: Costs, Benefits, and Opportunity Cost" Overview: This is an economics reinforcement activity on costs, benefits and opportunity cost. Students will evaluate the costs and benefits in given scenarios in order to make the best decision. Students will also be able to recognize the opportu
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26 Ratings
3.9

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Operation Travel Agent (Part I): Budgeting, Planning, Opportunity Cost
"Congratulations on your new job as a travel agent! It is your job to plan and schedule vacation plans for your clients! Each family has different wants and budgets, so you need to plan carefully! You must stay within the family’s budget! Included in this package you will find the different options
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23 Ratings
4.0

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Opportunity Cost and Opportunity Benefit - Introductory Economic Concept
Opportunity Cost and Opportunity Benefit. I use this as a basic introduction to the concepts of opportunity cost/benefit. Most students think of "cost" in terms of money so this helps to introduce them to the other costs for decisions (i.e. time, energy, risk, etc.) Students read a short scenario
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22 Ratings
4.0

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Scarcity and Opportunity Cost
A slideshow introduction for students learning about scarcity, and opportunity cost. BASIC introduction to the French and Indian Fur Trades in Michigan, and why the French came to Michigan, and what was traded.
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14 Ratings
4.0

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PPTX (1.78 MB)

showing 1-16 of 5,082 results

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