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This activity supports Module 32: Microeconomics- Explore economic factors that impact personal or community financial decisions. The attached presentation and handout outlines videos and questions to guide the student's learning about marginal cost, marginal benefit, scarcity, and opportunity cost. This content is meant to teach the student to explore these concepts about decision making, especially financial decisions. Considering what we "give up" to get something is very important when spending money. Giving up something is not just the amount of money you gave up; it includes time or the "next best thing" you could have done with that time and money.
- Subject:
- Financial Literacy
- Material Type:
- Activity/Lab
- Assessment
- Homework/Assignment
- Lesson
- Author:
- Cindy Lowe
- Date Added:
- 03/01/2024