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ECONOMICS: OPPORTUNITY COSTS - TeachersPayTeachers.com

Economics: Opportunity Costs

Strategy:SS3E4 Explain the concept of opportunity cost as it relates to making a saving or spending choice.

Strategy:SS3E4 Explain the concept of opportunity cost as it relates to making a saving or spending choice.

Finance in the classroom for first grade: needs and wants, opportunity cost, scarcity and need... Most tie to a trade book!

Finance in the classroom for first grade: needs and wants, opportunity cost, scarcity and need... Most tie to a trade book!

opportunity cost flip book! If I choose ... Adapt this for older kids - ask questions about college vs. working after graduation?

opportunity cost flip book! If I choose ... Adapt this for older kids - ask questions about college vs. working after graduation?

Everything you need to teach your students about scarcity, choices, and opportunity costs!  This lesson comes with vocabulary cards, individual, whole group, and partner practice pages.  It includes introduction activities as well as partner activities to help introduce the concept wth real life application that students will understand!

Scarcity, Choice, and Opportunity Cost Lesson

Everything you need to teach your students about scarcity, choices, and opportunity costs! This lesson comes with vocabulary cards, individual, whole group, and partner practice pages. It includes introduction activities as well as partner activities to help introduce the concept wth real life application that students will understand!

Making Economic Choices (Opportunity Cost)

Making Economic Choices (Opportunity Cost)

Students explore economic choice and opportunity cost. Students are given a choice to make between various toys. The students are to complete a "pros and cons"

This worksheet was created to be used with the Social Studies concept of opportunity cost and benefits.  On the worksheet, students will look at several choices and decide on 2 activities to spend their money.  Then, they will analyze the costs and benefits each of each choice.

Choices worksheet

This worksheet was created to be used with the Social Studies concept of opportunity cost and benefits. On the worksheet, students will look at several choices and decide on 2 activities to spend their money. Then, they will analyze the costs and benefits each of each choice.

Economics Packet: I designed this packet and wrote the passages with the Georgia social studies standards in mind. These passages about economics are not specific to GA though, so they can be used by any teacher covering the same topics, which are:   ✱Opportunity cost ✱Decision making ✱Price incentives ✱Specialization ✱Voluntary Exchange ✱Trade ✱Technological advancements ✱ A few other basic terms are incorporated, such as goods/services, consumer/producer, scarcity and a few more.

Economics: Passages with Related Activities: Opportunity Cost, Trade, MORE

Economics Packet: I designed this packet and wrote the passages with the Georgia social studies standards in mind. These passages about economics are not specific to GA though, so they can be used by any teacher covering the same topics, which are: ✱Opportunity cost ✱Decision making ✱Price incentives ✱Specialization ✱Voluntary Exchange ✱Trade ✱Technological advancements ✱ A few other basic terms are incorporated, such as goods/services, consumer/producer, scarcity and a few more.

“Economics: Opportunity Costs” teaches students the concepts of scarcity, opportunity costs and economic interdependence.  Students do a close read...

Economics: Opportunity Costs

“Economics: Opportunity Costs” teaches students the concepts of scarcity, opportunity costs and economic interdependence. Students do a close read...

We've been learning about economics for a little while now and recently we did a fun little opportunity cost activity.  I copy give kids a ...

We've been learning about economics for a little while now and recently we did a fun little opportunity cost activity. I copy give kids a ...

This economics unit includes 33 goods vs. service cards for sorting and high engagement games 9 vocabulary cards technology resources 6 student response sheets covering the concepts of goods/services, opportunity cost, and consumers/producers. 11 page early reader "What is... Economics?" for students introducing economic vocabulary and concepts covered in the unit. $

Economics Unit

This economics unit includes 33 goods vs. service cards for sorting and high engagement games 9 vocabulary cards technology resources 6 student response sheets covering the concepts of goods/services, opportunity cost, and consumers/producers. 11 page early reader "What is... Economics?" for students introducing economic vocabulary and concepts covered in the unit. $

Economics Packet: I designed this packet and wrote the passages with the Georgia social studies standards in mind. These passages about economics are not specific to GA though, so they can be used by any teacher covering the same topics, which are: ✱Opportunity cost ✱Decision making  ✱Price incentives  ✱Specialization  ✱Voluntary Exchange  ✱Trade  ✱Technological advancements  ✱ A few other

Economics: Passages with Related Activities: Opportunity Cost, Trade, MORE

Economics Packet: I designed this packet and wrote the passages with the Georgia social studies standards in mind. These passages about economics are not specific to GA though, so they can be used by any teacher covering the same topics, which are: ✱Opportunity cost ✱Decision making ✱Price incentives ✱Specialization ✱Voluntary Exchange ✱Trade ✱Technological advancements ✱ A few other