Week 2
Objective: Understand and Describe the Fundamental Concepts of Opportunity Costs in the Field of Economics
Agenda:
Warm Up: Review Scarcity and Incentives
Introduction to Opportunity Costs
You be the Economist - Economic Decision Making.
If Absent:
1) Review the slides and complete the Exit Ticket
2) Understand the Key Vocab - Trade-Offs, Opportunity Costs