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1,495 reviewed resources for costs of production

10 Items in Collection
Lesson Planet

Economic Lowdown Video Series

For Teachers 8th - Higher Ed Standards
Designed for high school and college-level classes, a collection of 12 resources covers topics in economics, banking, and monetary policy. Students investigate supply curves, the law of demand, market equilibrium, and the labor market....
Lesson Planet

Episode 19: Costs of Production and the Shutdown Decision

For Students 8th - Higher Ed Standards
The 19th podcast of a 21-part series on economics focuses on the costs of production when running a business. Historians analyze the difference between fixed, explicit, and implicit costs. They use mathematical equations to find total...
3:18
Lesson Planet

Production Possibilities Curve and Opportunity Cost

For Students 11th - 12th Standards
What happens when the resources used as part of a production possibilities curve are not easily adaptable to produce both goods? Watch as an economics instructor uses an example of an economy producing pizzas and robots in order to...
5:10
Lesson Planet

Episode 8, Segment 3: The PPF Illustrates the Law of Increasing Opportunity Cost

For Students 8th - Higher Ed Standards
What is the cost of doing business? Scholars employ the law of Increasing Opportunity Cost to understand how making one product often costs the production of another. To finish the lesson, scholars discuss the cost of success, along with...
2:51
Lesson Planet

Intro - Costs of Production and Perfect Competition

For Students 11th - 12th Standards
Here is a brief introduction to the concepts covered in an economics course unit on the costs of production and perfect competition.
4:55
Lesson Planet

Marginal Product and Marginal Cost

For Students 11th - 12th Standards
Help your learners get a better handle on marginal cost and product curves, and review the process of completing charts and graphs associated with this concept.
Lesson Planet

The Rising Cost of College: Tuition, Financial Aid, and Price Discrimination

For Students 9th - 12th Standards
Are average college tuition and fees really rising in the United States? Here is a fascinating take on the rising cost of college tuition and how price discrimination may explain what is often seen as an insurmountable cost for higher...
Lesson Planet

Design Step 6: Evaluate/Manufacture a Final Product

For Teachers 9th - 12th Standards
This is what all of the excitement has been building up to! Young engineers create engineering drawings, use machines to manufacture their products, test, and evaluate their designs in the last step in the engineering design process.
5:13
Lesson Planet

Episode 8, Segment 1: The PPF Illustrates Scarcity and Opportunity Cost

For Students 8th - Higher Ed Standards
Decisions, decisions ... how do people make up their minds? Scholars research the concepts of scarcity and opportunity cost as they view a short video describing the basis behind making choices based off of availability and price....
Lesson Planet

Opportunity Cost

For Teachers 9th - 12th Standards
The price of those new shoes involves more than just money! Individuals explore the concept of opportunity cost using a video clip and gratification discussions. They prepare a budget based off of their set of values in regards to...
Lesson Planet

Chapter 7: Measuring Domestic Output, National Income, and the Price Level

For Teachers 10th - 12th
Young economists will enjoy this approachable and informative presentation. It is full of helpful graphs and definitions. Especially interesting will be the graph that measures the global perspective of the underground economy as a...
1 In 1 Collection 7:57
Lesson Planet

Episode 7: Gross Domestic Product

For Students 8th - Higher Ed Standards
We know that businesses can make a profit and improve their worth, but can a nation do the same? Scholars investigate the Gross Domestic Product in the seventh video lesson of a 10-part economic series. They analyze how a nation creates...
Lesson Planet

Episode 13: Gross Domestic Product (GDP)

For Students 8th - Higher Ed Standards
Can people take the temperature of the economy to check its overall health? The 13th installment of a 21-part Economic Lowdown podcast series investigates the concept of the gross domestic product (GDP). Scholars research the goods and...
4:54
Lesson Planet

Unit Price

For Students 3rd - 7th Standards
Extend an understanding of ratios and proportions to include unit rates. The video lesson compares two prices of different sizes using two methods. The instructor first calculates a unit price for each product and compares the costs. The...
Lesson Planet

Episode 1: Opportunity Cost

For Students 8th - Higher Ed Standards
The concept of opportunity cost challenges historians to analyze how some choices come at a loss in the opening lesson of a 21-part economic series. Podcasts offer insight into the subject of what a decision costs the consumer....
11:00
Lesson Planet

Markets, Efficiency, and Price Signals

For Students 9th - 12th Standards
Holiday gift-giving seasons can be lucrative for an individual business, but does a profitable season bode well for the market as a whole? A video from Crash Course Economics discusses how giving gifts to people who are uninterested in...
Lesson Planet

Economic Health Indicators: GDP and CPI Worksheet

For Students 11th - 12th
Examine the nation's economic health using this GDP and CPI worksheet, which features helpful graphic depictions of complex concepts. The first 2 pages include 17 short-answer questions intended to guide reading from a text (not...
Lesson Planet

Factors of Production and Economic Decision-Making

For Teachers 10th - 12th Standards
Class members begin this engaging economics activity by listing all the resources used in the production of a car, and use that example to draw parallels to the four primary factors of production: capital goods, labor, natural resources,...
6:56
Lesson Planet

EconMovies 7: Anchorman (Efficiency and Market Failures)

For Students 11th - 12th Standards
How can performing cannonballs into a swimming pool help us to understand the concept of marginal analysis and efficiency? Check out this video, using clips from the movie Anchorman and informative instruction, to learn more about...
Lesson Planet

Petro Products

For Students 5th - 12th
In this petroleum products worksheet, learners are given the components of crude oil and they graph the various products found in a 50 gallon barrel. Students complete an activity to determine if they have collected cards that represent...
2:46
Lesson Planet

Cost Curves MC, ATC, AVC, and AFC

For Students 11th - 12th Standards
What is the concept of a cost curve, and how are they used? Watch as this instructor demonstrates and explains marginal cost curve, average total cost, average variable cost, and average fixed cost.
Lesson Planet

Episode 12: Price Signals

For Students 8th - Higher Ed Standards
Does the government really control the prices of consumer products? Scholars look into the concept of price signals and how they relate to the overall buying and selling power in a market economy. The 12th lesson of a 21-part Economic...
Lesson Planet

Production Possibilities Curve

For Students 9th - 12th Standards
Demonstrate the important economic principles of the production possibilities curve, including how to calculate opportunity cost and graph curves by using a table or calculation. Learners use a variety of methods, including videos,...
Lesson Planet

Production Possibilities Curve

For Teachers 9th - 12th
Use a production possibilities curve to explain efficiency in terms of opportunity cost, consumption, and scarcity. A video shows how the Production Possibilities Curve is used to calculate opportunity cost and scarcity. Learners then...

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