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OPPORTUNITY COSTS LESSON PLAN TEACHING CONCEPT LEARNING ECONOMIC PRINCIPLES ACTIVITY SAMPLE EXAMPLE HELP STUDENTS PRACTICE TEACHER FINANCE SKILLS ONLINE COURSE

 

 

 

Students learn about the concept of opportunity cost.

 
 

OPPORTUNITY COST

 

Objectives:

  • The student will know the vocabulary of economics in relation to opportunity cost.
  • The student will understand what opportunity cost is.
  • The student will evaluate why opportunity cost is important to their every day lives.

Standard:

National Content Standards for Economics:

Standard 1

 

Suggested Grades:

Seventh Grade - Eighth Grade - Ninth Grade - Tenth Grade - Eleventh Grade - Twelfth Grade - Adult Education - Business Education

 
 
 

OPPORTUNITY COST LESSON PLAN

 

Teaching Materials

 

Process:

Students should read the opportunity cost lesson, and answer the worksheet questions.  As an option, teachers may use the lesson for a classroom economics lesson plan.

 

 

 

 

Lesson Printable Materials - Worksheets

Print out the teaching lesson pages and exercise worksheets for use with this lesson:

 

OPPORTUNITY COST LESSON

Opportunity Cost Lesson

What is economics lesson.

OPPORTUNITY COST WORKSHEET

Opportunity Cost Worksheet

Students should pick one item in each of the three columns to complete. Answers should be placed on a separate sheet of paper.

 

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