Opportunity cost is one of the most essential concepts in economics and personal finance—and one of the most useful for students to understand early on. To help bring this idea to life in your classroom, we’ve created a downloadable lesson plan that’s simple to implement and built for engagement.
Inside this resource, you’ll find:
- A student-friendly definition of opportunity cost with everyday examples
- Classroom activities designed to encourage critical thinking
- A printable worksheet to reinforce learning
- Ideas for discussion, group work, and take-home assignments
This lesson is ideal for middle and high school students, and it aligns with national standards for personal finance and economics.
Whether you’re introducing the concept for the first time or looking to supplement your existing curriculum, this resource is a great way to help students think more deeply about the trade-offs they make every day.
Enjoyed this lesson? Check out our full library of classroom-ready resources—perfect for bringing personal finance and economics to life in your class.