A great first lesson for any economics class or unit!
This teacher centered lesson covers scarcity, choice, opportunity cost and resources. Students will practice note taking with a graphic organizer, answer questions and solve a riddle!
Essential Question: How does scarcity relate to choice, resources, and opportunity cost in your daily life?
Objective: Students will be able to define and apply the four key terms of economic to the world around them
Economics Unit 1 Bundle Available Here