Opportunity cost
🎯 Objective: Students explain that every choice has an opportunity cost.
Lesson outline
- Choice scenarios.
- Discuss.
- Write.
- Exit: one cost.
Lesson 1 of 3 in this unit. In the Lesson Planner this lesson takes 1–3 class periods depending on your timetable: day 1 introduce & model, then practice, small-group reteach and a quick check.
Practice & resources on Thinkabara
🗓️ Plan the whole year like this
Add 3rd Grade Social Studies to your free Lesson Planner: enter your timetable once and every period shows the next lesson, skipping weekends and school breaks.
More lessons in “Economics in our community”
- Opportunity cost
- Businesses and jobs
- Be an entrepreneur
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