Business
The Economic Problem & Opportunity Cost
Author
Devonport High School for Boys (DHSB)
Target Group
14-16 year old students
Brief Description
Scarcity problem, renewable resources, opportunity cost...

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Learning Objectives:

  • To understand the problem of scarcity.
  • To be able to distinguish between renewable and non renewable resources.
  • To understand the importance of opportunity cost for economic agents (Consumers, produces and the government).

Related files

Eco Problem and Opp cost PPT 1 MB
FACTORS OF PRODUCTION task 14 KB
Make a Choice task 14 KB
NHS costs jigsaw unlimited wants_scarcity exercise 8 KB
Rearrange the following words to find the definition of opportunity cost 13 KB
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