This activity is a simulation of rational decision-making and marginal thinking for your economics students. Students will be given a scarce resource (time) and be required to fit their future plans into a finite grid.
Once they think they have it all figured out, their plans are foiled by everyday occurrences that eat away at their time.
☑ Your Life After High School Questionnaire (editable)
☑ Rational Decision Making and Your Future Planning Sheet (editable)
☑ Rational Decision Making and Your Future Scenarios (editable)
☑ Your Future on a Grid Sheet (editable)
☑ Possibilities and Trade Offs Handouts (students must construct a production-possibilities curve [editable])
You will need a deck of playing cards to complete this simulation, as they correspond to the Scenarios Charts.
★This is a part of a complete unit bundle!★
♦ Fundamentals of Economics Complete Unit
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