1.1.3 The economic problem - Theme 1 Edexcel A Level Economics
This double lesson introduces learners to the fundamental concept of the basic economic problem, we start with an engaging group activity to highlight the problem of scarcity by distributing items between groups. This brings to light the concept of opportunity cost which we look at, students are given scenarios where they have to make choices and understand the opportunity cost involved in those choices. We then look at renewable and non renewable resources before a research task and box plenary to end with.
Colourful, concise and engaging slides!