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Opportunity Cost Clear

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Should Private Companies Operate Prisons?

Students analyze and rank the four general goals of corrections to help them determine their personal beliefs about what prisons...
Key Concepts: Incentives, Opportunity Cost, Profit…

What is the Most Ethical Way to Fund Public Schools?

Students analyze documents, create a school-funding graphic organizer, and write an email to their state representative with their plan to...
Key Concepts: Decision Making/Cost-Benefit Analysis, Opportunity Cost, Role of Government

Content Partner

PBS-NOVA Financial Lab

Managing money is hard! Even when you know what you should do, it can be hard to actually do it....
Key Concepts: Budgeting, Opportunity Cost, Saving

Toys for Me: A Lesson on Choice

Updated! In this elementary economics lesson, students will categorize and prioritize their wants to learn about scarcity and choice. Scarcity...
Key Concepts: Decision Making/Cost-Benefit Analysis, Opportunity Cost, Scarcity…

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…

Content Partner

Savings series: Creating a budget (1:40)

Voya’s spending and savings series will help you take small, actionable steps towards overall financial wellness.
Key Concepts: Budgeting, Decision Making, Income…

Content Partner

Budgeting (6:21)

Learn the basics of living within a household budget.
Key Concepts: Budgeting, Decision Making, Income…

Content Partner

Let’s talk budgets

Making the most of your income.
Key Concepts: Budgeting, Decision Making, Income…

Content Partner

Savings series: Savings strategies (2:38)

Savings strategies will provide new ideas for ways to save a little bit more and get closer to your goals.
Key Concepts: Budgeting, Decision Making, Interest…

Content Partner

Building Wealth: Saving for a Lifetime

Building Wealth is a personal finance education resource that presents an overview of wealth-building strategies.
Key Concepts: Budgeting, Decision Making, Financial Investments…

Content Partner

Making a Budget - It Is All Spending!

Students discover that all elements of a budget are essentially spending on goods and services.
Key Concepts: Decision Making, Goods and Services, Income…

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