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Activity: Marginal Cost / Benefit, Scarcity, Opportunity Cost
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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
Assignment: Economic Way of Thinking- MC/MB
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Students will answer the following multiple-choice questions regarding how microeconomic principles can really impact how individuals make financial decisions. A presentation is attached with some definitions and information that may assisst with completing this assignment. Answer key can be found in the Teacher Only Discussion section of the Resource Bank. https://resourcebank.ca/groups/financial-literacy-teachers/254/discussions/

Subject:
Financial Literacy
Material Type:
Assessment
Homework/Assignment
Author:
Cindy Lowe
Date Added:
03/05/2024
Can I get a drink.. of water?
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CC BY-NC
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Water is a limited resource that we use over and over again. The idea is to teach the science behind the water cycle, where water comes from and is located on the Earth. After research and developing and understanding of conservation students will create a water tower that will collect and store rainwater. Students will also create a Public Service Announcement (PSA) on water conservation.

Subject:
Physical Science
Science
Material Type:
Activity/Lab
Assessment
Lesson
Simulation
Provider:
Lane County STEM Hub
Provider Set:
Content in Context SuperLessons
Date Added:
05/15/2016