focus high school economics: lesson 1- plan a dance ms. ramos alta loma high school
TRANSCRIPT
Focus High School Economics: Lesson 1- Plan a DanceMs. RamosAlta Loma High School
Objectives•Analyze tradeoffs
involved in making decisions
•Analyze consequences of a choice and determine when those consequences occur
Ms. Ramos
Plan a Dance
Ms. Ramos
In groups of 5:• Your group has a budget of $9,635
to plan a dance• You may NOT spend more, but you
do not have to spend it all.• You must choose spend for a
selection in all three categories (Band/DJ, Place, Food).
• Be prepared to share your plan with the class and defend your decisions.
Ms. Ramos
# Band/DJ Place Food Project
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Debrief/Warm up
Ms. Ramos
•Answer the following 4 questions on your OWN opposite your dance planning in your notebook (on the left side).
Ms. Ramos
•1- What tradeoffs did your group have to make?
•2- What was the opportunity cost of each decision?
•3- How did your group preferences influence decisions?
•4- In what ways is this problem/ situation similar to the economic decisions faced by your family? How is it different?
Ms. Ramos