1.1 The Economic Problem Nearpod - ZMQXH
Star Wars helps explain Scarcity
Recognize the economic problem, and explain why it makes choice necessary
Identify Productive resources and list examples
Define goods and services, and explain why they are scarce
Explain why there are no real free lunches
1.2 Economic Theory Nearpod - ulktj
Monty Python and Marginal Analysis
Explain the goal of economic theory
Understand the role of marginal analysis in making economic choices.
Explain how market participants interact
1.3 Opportunity Cost and Choice Nearpod - WHXKM
What is Opportunity Cost?
Sunk Cost Why we need to ignore it
Define opportunity Cost
Follow guidelines for making good choices
Analyze the opportunity cost of attending college