Celebrate #FinLitMonth with us by finding ideas for you and your students!

Collection
Teaching the Fundamentals: Scarcity, Opportunity Cost, and Decision Making for High School

Lesson

Grades 9-12

Opportunity Cost

In this personal finance lesson, students will identify the opportunity cost of a spending decision.
Key Concepts: Decision Making/Cost-Benefit Analysis, Opportunity Cost
45 mins
Lesson

Grades 9-12

You're Going to College

In this personal finance lesson, students will explore the cost of a college education to make more informed choices.
Key Concepts: Decision Making/Cost-Benefit Analysis
60 mins
Lesson

Grades 6-8, 9-12

Sand Art Brownies

In this lesson, you will learn about substitute goods. You will have choices to make in your role as a...
Key Concepts: Decision Making/Cost-Benefit Analysis, Scarcity
Lesson

Grades 9-12

Should I Use Cash or Credit?

To use or not to use credit for a major purchase is an important decision. There is a nifty process...
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis, Opportunity Cost
Lesson

Activity

Grades 6-8, 9-12

You Decide - Money Allocation Game

Let your students allocate $20,000 money to these repair jobs based on how important they are in the area!
Key Concepts: Money Management, Opportunity Cost, Scarcity…
Activity

Video

Grades 3-5, 6-8, 9-12

Scarcity Video and Quiz

In this economics video, students will learn about scarcity and play a Kahoot! game.
Key Concepts: Economic Systems, Goods and Services, Scarcity
10 mins
Video

Grades 3-5, 6-8, 9-12

Opportunity Cost Video and Quiz

In this economics video, students will learn about opportunity cost and play a Kahoot! game.
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Opportunity Cost
20 mins
Video