Submitted By:Michael Ryan Moore, University of Pennsylvania, GSE
Date:June 3, 2011
Subject(s):Economics, Personal Finance
Grade Level(s):9, 10, 11, 12
In this lesson, we will introduce students to the concept of opportunity costs. Using the article “Olivia Mitchell on Why Young Consumers Should Just Say No to Spending,” students will compare the value of mutually exclusive choices. In particular, students will look at the relationship between post-secondary education and income in order to understand the true cost of career choices.