In this fun and interactive lesson, your students will learn to describe what scarcity is and identify the opportunity cost incurred when making a choice. Through hands-on activities and engaging worksheets, your students will learn about the concepts of opportunity cost and scarcity in a fun and age-appropriate manner.
What’s included
A well-crafted lesson plan consisting of lesson objectives, an introduction, guided practices, a consolidation component and independent practices
A video that can be used to teach or consolidate the lesson
PDF slides with questions to practice the concepts of opportunity cost as a group
3 different printable worksheets
Circling the opportunity cost
Listing down a choice made and the opportunity cost involved
Creating a poster to illustrate an opportunity cost that was made
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