Disciplinary VocabularyOpportunity CostGrade 1
By Jessa Moody
RED 6545
Fall 2013
CSI-R Model for Vocabulary
Content: Standard SS.1.E.1.2 Standard 1: Beginning Economics
Define opportunity costs as giving up one thing for another. Standards CCSS: (See page 4)
Investigate: Students investigate Fiction & Informational Text
1. Text 1: Fiction: Erandi’s Braids: http://www.kidseconposters.com/literature-connection/
2. Text 2: Other sources:
1. http://int.danville.k12.pa.us/teacherweb/mmast/iWeb_publish/Opp_and_Marginal_Cost_files/opportunity-cost.jpg
2. http://www.econed-il.org/icee/images/2011/pc_brooke_r_l.jpg
Report/Represent: Show what you know3. Comic Creator:
http://www.readwritethink.org/files/resources/interactives/comic/
4. CCSS.ELA-Literacy.CCRA.W.6 Use technology, including the Internet, to produce and publish writing and to interact and collaborate with others.
Content
Disciplinary VocabularyOpportunity CostsRelated Vocabulary: Save,
Consume, Choice
STANDARD SS.1.E.1.2 Standard 1: Beginning Economics
Define opportunity costs as giving up one thing for another.
S: CCSS
CCSS.ELA-Literacy.CCRA.R.1: Read Closely-Evidence & Inferences
CCSS.ELA-Literacy.CCRA.R.4 Interpret words and phrases as they are used in a text
CCSS.ELA-Literacy.CCRA.R.9 Analyze how two or more texts address similar topics
CCSS.ELA-Literacy.CCRA.W.6 Use technology, including the Internet, to produce and publish writing and to interact and collaborate with others.CCSS.ELA-Literacy.CCRA.L.4 Determine or clarify the meaning of unknown and multiple-meaning words and phrases by using context clues, analyzing meaningful word parts, and consulting general and specialized reference materials, as appropriate.CCSS.ELA-Literacy.CCRA.L.6 Acquire and use accurately a range of general academic and domain-specific words and phrases sufficient for reading, writing, speaking, and listening
CCSS.ELA-Literacy.CCRA.SL.2 Integrate and evaluate information presented in diverse media and formats, including visually, quantitatively, and orally
Investigate: Text 1
Read Aloud – Erandi’s Braid http://www.kidseconposters.com/literature-connection/opportunity-cost/erandi-s-braids/?query=Concepts.eq.Opportunity%20Cost&xsearch_id=literature_search1&xsearch[2]=&xsearch[0]=&class0_0=20&back=literature
What did Erandi and her mother do for a living?
In the store, what did Erandi want her mother to purchase? Why couldn’t she purchase both? What did she choose to buy?
What was the opportunity cost? What was she giving up?
Investigate: Text 2 Informational
Why is the T.V. her opportunity cost?
http://www.econed-il.org/icee/images/2011/pc_brooke_r_l.jpg
Informational Text Continued:
1. If Pinky chose to play soccer, what would her opportunity cost be?
2. If Pinky chose to ride her scooter, what would her opportunity cost be?
http://int.danville.k12.pa.us/teacherweb/mmast/iWeb_publish/Opp_and_Marginal_Cost_files/opportunity-cost.jpg
Report
http://www.readwritethink.org/files/resources/interactives/comic/
Design a comic book picture that
shows an example of a
time you had to choose between
one thing and another. Show which one was
your opportunity cost.