Search results
31 gru 2013 · Learn the most important concept of economics through the use of real-world scenarios that highlight both the benefits and the costs of decisions. Opportunity cost is a simple yet powerful ...
Every day, we have to make decisions, be it small, like trying a new soap, or huge, like moving abroad. Each such decision comes at a price.
Based on the 'Ten Principles of Economics' this student-created video defines and provides examples for the principles of 'Trade-Offs' and 'Opportunity Costs...
5 cze 2023 · Understanding opportunity cost helps your children make better-informed decisions about their spending. Reinforcing the value in delaying gratification , it’s a money management skill that’ll set them up for the future.
9 lis 2021 · My Five Cents: What is opportunity cost? Transcript. SUBJECTS: Economics, Maths. YEARS: 7–8, 9–10. What is the true cost of buying something? Gen Fricker explains that it's more than just money. Learn about opportunity cost — what it is, why it's a helpful tool and when to use it. Simple!
Opportunity Cost Video and Quiz. In this economics video, students will learn about opportunity cost and play a Kahoot! game. Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Opportunity Cost. 20 mins.
31 sie 2023 · This video teaches the concept of opportunity cost. Opportunity cost is what you must give up to obtain something else, the second-best alternative. Play the Kahoot! game to test your skills! This multi-player quiz game reviews the concepts discussed in the video.
