Production Possibilities Curves. They can be tough to teach, and students can find them difficult to understand. We get it, and we're here to help! This engaging and comprehensive bundle has every tool you need to put together a complete lesson that gets the job done!
This "Production Possibilities Curves" bundle includes:
1) A customizable lecture that you can adjust to meet your needs and the needs of
your students. This bundle includes a version of this lecture in Keynote (Mac),
Powerpoint (PC), and PDF format for users of every operating system.
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2) A "Production Possibilities Curves" Activity. It begins with a colorful graphic organizer that asks your students to plot production possibility combinations and create a production possibilities curve. Next, students will apply what they've learned to identify what a production possibilities curve can show us, and will answer questions about productive efficiency and inefficiency and where to find it on the PPC. Next, students will be asked to calculate opportunity costs of production using several production possibilities curves provided. Finally, students will interpret changes in economic conditions and show how those changes affect production capacities by graphing shifts in several production possibilities curves provided.
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.
3) A detailed answer key to the lesson activity to save you time and help guide student comprehension.
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 1.5 - Production Possibilities Curves" video lecture, which can be found here:
Topic 1.5 - Production Possibilities Curves
For more of our video lectures, check out our "You/Will/Love Economics" YouTube channel and subscribe for upcoming videos:
You Will Love Economics on YouTube
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