Scarcity and Economic Choices
This 3-page packet provides guided notes, practice problems, and an exit ticket for 9th graders learning about economic scarcity. Students will explore limited resources, opportunity cost, and apply SMART analysis to economic problems.
“A mini lesson with guided notes, practice problems, and exit ticket for economic limited resources, scarcity and the economic problem. The limited resources are natural resources, labor, capital, and enterprise. Also include the opportunity cost. Include SMART analysis to analyze opportunities for the economic problem.”
Teacher Guide & Tips
- Use as a 45-minute mini-lesson introducing scarcity and economic decision-making.
- Discussion question: How does understanding opportunity cost help individuals and societies make better choices?
- Scaffold for struggling readers: Provide sentence starters for the SMART analysis section.
- Extension for advanced students: Have students research a current event and analyze the economic problem using SMART criteria.
- Estimated time: 45 minutes.
What is Diffit?
Teachers use Diffit to get quality materials for their unique classrooms. Adjust difficulty, add scaffolds, or change the topic to get started.
Try Diffit for free“A mini lesson with guided notes, practice problems, and exit ticket for economic limited resources, scarcity and the economic problem. The limited resources are natural resources, labor, capital, and enterprise. Also include the opportunity cost. Include SMART analysis to analyze opportunities for the economic problem.”
Teacher Guide & Tips
- Use as a 45-minute mini-lesson introducing scarcity and economic decision-making.
- Discussion question: How does understanding opportunity cost help individuals and societies make better choices?
- Scaffold for struggling readers: Provide sentence starters for the SMART analysis section.
- Extension for advanced students: Have students research a current event and analyze the economic problem using SMART criteria.
- Estimated time: 45 minutes.
Scarcity and Economic Choices
This 3-page packet provides guided notes, practice problems, and an exit ticket for 9th graders learning about economic scarcity. Students will explore limited resources, opportunity cost, and apply SMART analysis to economic problems.
What is Diffit?
Teachers use Diffit to get quality materials for their unique classrooms. Adjust difficulty, add scaffolds, or change the topic to get started.
Try Diffit for free