We get it. Teaching economics can be tough. We're here to help! Start your course off right and help your students investigate economic participants and the economic decision-making process with this engaging activity!
This activity includes:
1) This "Participants and Marginal Analysis" Activity includes 3 parts. It begins with a colorful graphic organizer that asks your students to identify the three economic participants and the incentives they look to maximize in the market. Next, students will define important terms that apply to these participants and the self-interests that they look to maximize. Finally, students will use their knowledge and a collection of data provided to practice calculating the marginal benefits of decision-making for each participant, and predict the choices that each participant will make in the economy.
This activity can be used in many different ways in the classroom. Students can work independently, in pairs or this activity can be used as a jigsaw in order to facilitate a class wide discussion about the topics discussed in the activity.
2) A detailed answer key to the lesson activity to save you time and help guide student comprehension.
This activity can also be found in a bundle paired with a PowerPoint, Keynote and PDF version of a fully customizable lecture found here:
Participants and Marginal Analysis Bundle
If you like this activity, check out our Unit Activity Bundle that includes activities for all of the objectives in this unit.
Introduction to Economics Unit Activity Bundle
Best of all, this activity aligns to our "Topic 1.2 - Economic Participants and Marginal Analysis" video lecture, which can be found here:
Topic 1.2 - Participants and Marginal Analysis
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Flip your classroom and the way your students learn economics TODAY!