Objective
Teachers will be able to:
- Help students focus on how to prepare to make a choice.
- Help students be more thoughtful about possibilities and consequences before making a choice.
Standards
Concepts
In this economics webinar, learn three basic decision-making models and how to use them to demonstrate real- world impact.
Description
This webinar introduces students to three basic decision-making models: the cost-benefit decision model, the cost-benefit decision tree, and the PACED decision model. This session features the teaching of decision-making skills that encourage the students to become intuitive as they will make more informed decisions.