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Grade 9-12

On-Demand Webinar

Basic A.P. Macroeconomics: Scarcity

Time: 60 mins,

Presenter: Joshua Frost

Teacher Version

Objective Standards Summary Description Resources

Objective

Teachers will be able to:

Make common classroom connections using popular topics.
Review concepts related to scarcity, opportunity cost and resources using discussions, extensions and more.

Standards

State Standards

Concepts

Comparative Advantage, Competition, Opportunity Cost

This video is available to view for EconEdLink members only.

In this economics webinar, introduce concepts and challenges related to scarcity.

Description

Reference resources from the 4th Edition of Advanced Placement Macroeconomics Teacher Guide, CollegeBoard AP Classroom portal, and other online materials to learn how to effectively teach these fundamental themes.

We will demonstrate concepts like trade offs and comparative advantage using entertaining, applicable content related to sneaker and fashion culture, a classic board game and even current climate events.