Submitted By:Michael Ryan Moore, University of Pennsylvania, GSE
Date:October 25, 2011
Subject(s):Economics, Personal Finance
Grade Level(s):9, 10, 11, 12
In this lesson, students will demonstrate their knowledge of scarcity, utility, and opportunity costs by thinking about the cost of college enrollment. Students will look at real data on educational attainment and income in order to calculate the opportunity cost of attending a four-year college.