Description
For this activity you will be explaining the concept of marginal utility, which fits in with the economic concept of marginal thinking. This activity is a great way to differentiate your instruction and get the class involved in this topic. It is one of the more memorable lessons I teach and reference through out the school year. You will need some cookies or other treats for your students, other materials include a white board and projector. I would also recomend a notebook or a table and graph paper.
Choose one volunteer to measure their utility for cookies, I usually use Oreos. Then have them measure their satisfaction as they consume one more unit. As you go along have the other students record the data until you hit 0 or negative marginal utilIty. Then have the class graph and discuss/reflect on the lesson.
Highlights
Description
For this activity you will be explaining the concept of marginal utility, which fits in with the economic concept of marginal thinking. This activity is a great way to differentiate your instruction and get the class involved in this topic. It is one of the more memorable lessons I teach and reference through out the school year. You will need some cookies or other treats for your students, other materials include a white board and projector. I would also recomend a notebook or a table and graph paper.
Choose one volunteer to measure their utility for cookies, I usually use Oreos. Then have them measure their satisfaction as they consume one more unit. As you go along have the other students record the data until you hit 0 or negative marginal utilIty. Then have the class graph and discuss/reflect on the lesson.
