The Perfect Pet teaches students how to deal with scarcity by having them choose what to buy for their new pet fish. There are some things they want and others that they need, but they can only spend $5.00.
In this economics lesson, students will revise a federal budget to understand its contents.
Key Concepts: Budget Deficits and Public Debt, Decision Making/Cost-Benefit Analysis, Roles of Government
This is a basic lesson of scarcity and resources that can be used for elementary students or students with special…
Key Concepts: Scarcity
Grades 3-5, 6-8, 9-12
In this economics video, students will learn about scarcity.
Key Concepts: Economic Systems, Goods and Services, Scarcity
In this personal finance lesson, students will evaluate wants and spending.
Key Concepts: Budgeting, Decision Making/Cost-Benefit Analysis