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Lessons on Concept 'Opportunity Cost' for 6-8



M and M Interesting.
Lesson 4, Personal Finance, Economics 608: Money in the Middle. Copyright ©1996, National Council on Economic Education, New York, NY 10036. Used with permission.

Give and Take**
After reading about a problem, students identify alternative solutions, trade-offs made in choosing each alternative, and the opportunity cost of selecting each option.. Students describe trade-offs and create a graphic. Unit 1, Lesson 2 from Focus: Middle School Economics, ©National Council on Economic Education.

Why Nations Trade**
After discussing the concept of comparative advantage, students in small groups engage in a simulation on the economic costs and benefits of trade. Lesson 3 from Focus on Economics: Geography, ©National Council on Economic Education.

Consumer Credit: Buy Now, Pay Later, and More.
Lesson 10, Personal Decision Making: Focus on Economics. Copyright ©1996, (PDF Format) National Council on Economic Education, New York, NY 10036. Used with permission.

Is the Tassle worth the Hassle?
Analysis of the costs and benefits of educational choices. Learn about economic choice, opportunity cost, and incentives. ©Nebraska Council on Economic Education