분야
hwp2. Introduction
3. Lesson Description
4. Concepts
5. Essential Content
6. General Objectives
7. Matters That Requires Attention
8. Procedures
In this class, teacher will explain the conception of Scarcity and Opportunity Cost to student with many examples for teaching the contents easily. And students will be asked some questions by teacher to participate in the class. After the questions, Teacher will answer the question kindly. This friendly relationship between teacher and students can make this class going on smoothly. In this time, Teacher usually uses powerpoint program to teach the class. Students can see pictures and visual material with interest. Also, there is going to be a small activity and checking out times through the worksheet.
4. Concepts
- Scarcity : the limited nature of society's resources
- Opportunity cost : the highest-valued alternative you give up
5. Essential Content
- Scarcity means that society has limited resources, so people cannot fully meet their unlimited desires.
- Because of Scarcity, people must make a choice efficiently in their life.
- Making decisions requires trade-off.
- Trade-off means an exchange of one thing in return for another
- Opportunity cost means the highest-valued alternative you give up
- If its benefits outweighs its opportunity cost, we are making a reasonable choice.
- Sunk cost is a cost that has been incurred and cannot be reversed.
