Allocation Strategies, Rational Decision Making, and Social Economic Goals
In this lesson, students learn to combine rational decision-making models, allocation strategies, and social economic goals
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Infographics & Comics
How Do I Use Economics In My Life?
OVERVIEW
Dive into Econland with the quirky comic book crew to explore how economics is already a part of middle school students’ everyday lives.
Related Resources
LESSONS & ACTIVITIES
31-45 MIN
VIDEO Q&A
16-30 MIN
Factors of Production
Explain the four factors of production.
AUDIO Q&A
0-15 MIN
Opportunity Cost
Introduce choice, scarcity, and opportunity cost.
READING Q&A
16-30 MIN
Choices Are Everywhere: Why Can't We Just Have It All?
Discuss opportunity costs and scarcity.
VIDEO Q&A
0-15 MIN
There Is No Such Thing as a Free Lunch
Discuss scarcity, choice, and opportunity cost.
VIDEO Q&A
16-30 MIN
The Production Possibilities Frontier: Scarcity and Opportunity Cost
Explain how the production possibilities frontier (PPF) illustrates scarcity and opportunity cost.
More in This Series
INFOGRAPHICS & COMICS
How Do We Get The Things We Want?
Learn more about goods and services, barter and trade, currency, and money.
INFOGRAPHICS & COMICS
What Is an Economy?
Learn about supply, demand, and the flow of goods and services.
INFOGRAPHICS & COMICS
A Story of Interest (and Supervision!)
Explore the concepts of interest, savings, and budgeting.
INFOGRAPHICS & COMICS
The Story of Monetary Policy
Understand the importance of monetary policy and the Federal Reserve’s key responsibilities.
INFOGRAPHICS & COMICS
The Story of the Federal Reserve System
Read about the Federal Reserve’s structure and key responsibilities.
INFOGRAPHICS & COMICS
Once Upon A Dime
Learn about barter, currency, and banking.
