Looking for a clear way to introduce students to allocative efficiency? Need a powerpoint quick? Look no further!
This ready file includes two day of lessons! The powerpoint reviews shifters of supply and demand & introduces allocative efficiency using marginal cost and marginal benefit. The worksheet asks students to define terms, create models using schedules/scenarios and analyze a model to determine allocative efficiency.
Students review, see what's new, then do! Answer key included!
It's also a great resource to post on your classroom website for students to review!