Opportunity Cost Worksheet High School

High school 9 12 computer science. By choosing to do one activity other activities must be given up.

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What is your opportunity cost for being here for the next hour.

Opportunity cost worksheet high school. Topics youll need to know to pass the quiz include the definition of opportunity costs and how to find opportunity cost. This worksheet was created to be used with the social studies concept of opportunity cost and benefits. Opportunity cost student worksheets.

Spending and saving 2lesson assessment procedure 1. Explain to students that this module will focus on opportunity cost. As an option teachers may use the lesson for a classroom economics lesson plan.

Opportunity cost lesson plans and worksheets from thousands of teacher reviewed resources to help you inspire. Students should read the opportunity cost lesson and answer the worksheet questions. In this money management lesson students use a scenario of a high school prom to calculate how scarcity choice and cost apply by completing provided worksheets.

The opportunity cost your 1 alternative working 8 hours this saturday watching your favorite tv show for 2 hours after school today going to college right after high school spending 50 on a new pair of jeans skipping economics class you think of an activity. Opportunity cost isnt everything you give up. How do economists use the concept of opportunity cost to explain a person making a mistake.

What is your opportunity cost 2lesson iv. Opportunity cost teacher resources. Scarcity choice and costs.

Lesson printable materials worksheets. On the worksheet students will look at several choices and decide on 2 activities to spend their money. The opportunity cost of the chosen action is the value of the next best alternative given up.

Then they will analyze the costs and benefits each of each choice. What is the opportunity cost for a high school student to study one hour for economics. What will confuse your students.

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