The PACED Decision Making Model
Learn about the PACED decision-making process.
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Modules
16-30 min
The Art of Decisionmaking
OVERVIEW
This interactive assignment teaches the economic underpinnings of the need to make decisions, why every decision bears a cost, and how to make informed decisions.
Related Resources
VIDEO Q&A
0-15 MIN
INFOGRAPHICS & COMICS
How Do I Make a Decision?
Learn about PACED decision-making
LESSONS & ACTIVITIES
46-60 MIN
Weighing Gambling Risks
Describe the risks and expected losses of gambling while evaluating their own money personalities and willingness to gamble.
READING Q&A
16-30 MIN
Advertising: Dollars and Decisions
Review advertising history and strategies ads use to create demand.
LESSONS & ACTIVITIES
46-60 MIN
Incentives Are All Around Us
Learn about incentives through a game.
READING Q&A
16-30 MIN
The Psychology of Free: How a Price of Zero Influences Decisionmaking
Explore the psychology of "free", consumer surplus, and the zero-price effect.
