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Texas Education Agency

Texas Gateway: Ch. 2: Choice in a World of Scarcity: Critical Thinking Questions

For Students 11th - 12th
This is a list of five critical thinking questions based on content presented in Chapter 2: Choice in a World of Scarcity from the TEA AP Macroeconomics online text.
Unit Plan
Texas Education Agency

Texas Gateway: Chapter 2: Choice in a World of Scarcity: Key Concepts & Summary

For Students 11th - 12th
This section focuses on the key concepts and a summary of macroeconomics covered in Chapter 2: Choice in a World of Scarcity from the TEA AP Macroeconomics.
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Texas Education Agency

Texas Gateway: Chapter 2: Choice in a World of Scarcity: Problems

For Students 11th - 12th
This page poses a situation which is followed by four problems to solve. They are based on information in Chapter 2: Choice in a World of Scarcity from the TEA AP Macroeconomics online text.
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Texas Education Agency

Texas Gateway: Chapter 2: Choice in a World of Scarcity: Review Questions

For Students 11th - 12th
This is a set of 11 review questions based on the content covered in Chapter 2: Choice in a World of Scarcity from the TEA AP Macroeconomics online text.
eBook
Texas Education Agency

Texas Gateway: Chapter 2: Choice in a World of Scarcity: Self Check Questions

For Students 9th - 10th
This is a list of seven self-check questions covering the content presented in Chapter 2: Choice in a World of Scarcity from the TEA AP Macroeconomics online text.
Unit Plan
CommonLit

Common Lit: Water Scarcity: A Global Issue

For Students 7th - 8th
CommonLit.org is a wonderful resource to use in a Language Arts classroom. Each story or article is accompanied by guided reading questions, assessment questions, and discussion questions. In addition, students can click on words to see...
Lesson Plan
Council for Economic Education

Econ Ed Link: Scarcity With the Lewis and Clark Expedition (Teacher Version)

For Teachers 3rd - 5th
The Lewis and Clark expedition was filled with scarcity issues. They made life and death choices based on scarcity. In this instructional activity, you will travel back to the early 1800's in a time machine and travel with Lewis and...
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Khan Academy

Khan Academy: Scarcity

For Students 9th - 10th
Practice what you have learned about the role of scarcity in microeconomics, and other basic economic concepts, in this four-question exercise.
Website
Council for Economic Education

Econedlink: Scarcity Video and Quiz

For Students 9th - 10th
This video teaches the concept of Scarcity and includes a quiz. The total resources of society, including natural resources, human resources, capital goods and entrepreneurship, are limited, causing scarcity to exist. [1:13]
Lesson Plan
Council for Economic Education

Econ Ed Link: Scarcity With the Lewis & Clark Expedition (Student Version)

For Students 3rd - 5th
Use this EconEdLink intermediate lesson to teach your learners about the concept of scarcity. Allow students to use the interactive simulation of the Lewis and Clark Expedition to demonstrate their ability to make sound decisions in the...
Handout
Auburn University

Auburn University: Glossary of Political Economy Terms: Scarcity Explained

For Students 9th - 10th
This is a very thorough definition of scarcity prepared by Dr. Paul Johnson of Auburn University. The site includes hyperlinks to related topics.
Lesson Plan
Other

The Mint: Scarcity, Choice, and Decisions

For Teachers 9th - 10th
This is a group activity lesson that provides young scholars with the opportunity to incorporate decision making, scarcity, and choice in planning a prom.
Article
Khan Academy

Khan Academy: Lesson Summary: Scarcity, Choice, and Opportunity Costs

For Students 9th - 10th
An introduction to the concepts of scarcity, choice, and opportunity cost.
Article
Robert Schenk, PhD

Cyber Economics: Scarcity and Choice

For Students 9th - 10th
This site from the St. Joseph's College examines the importance of scarcity and choice in terms of an economic system. A further explanation explores how various people have constructed utopias to assume away the problem of scarcity.
Lesson Plan
Illustrative Mathematics

Illustrative Mathematics: Field Day Scarcity

For Teachers 1st - 2nd
Students will learn about managing money and scarcity while practicing addition and subtraction. They will be given a certain amount of money to spend at a fictitious store. Included are discussion questions about how students decided to...
Handout
Texas Education Agency

Texas Gateway: Chapter 2: Choice in a World of Scarcity: Key Terms

For Students 11th - 12th
This is a list of key terms and definitions covered in Chapter 2: Choice in a World of Scarcity from the TEA AP Macroeconomics online text.
Unit Plan
Other

Coursera 1 1.1. Scarcity and Its Implications

For Students 9th - 10th
This module discusses fundamental problem of scarcity challenges us to think about an allocation mechanism to determine what is produced and who consumes it. It discuss scarcity and allocation mechanisms. In this course,the focus is on...
Website
Other

Whatiseconomics.org: Economic Scarcity

For Students 9th - 10th
A brief overview of economic scarcity. Links to other economic-related topics.
Website
Tutor2u

Tutor2 U: Economics: Scarcity and Choices

For Students 9th - 10th
This website offers a simple examination of scarcity, finite resources, and needs vs wants.
eBook
Texas Education Agency

Texas Gateway: Ap Macroeconomics: Introduction to Choice in a World of Scarcity

For Students 9th - 10th
In this chapter, you will learn about how individuals make choices based on their budget constraints, the production possibilities frontier and social choices, and confronting objections to the economic approach.
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Khan Academy

Khan Academy: Introduction to Scarcity and the Economic Way of Thinking

For Students 9th - 10th Standards
In this exercise, practice what you have learned about learning objective MOD-1.A from the AP Macroeconomics course and exam description. Topics include the definitions of economics, microeconomics, and macroeconomics, positive and...
Unit Plan
Thinkport Education

Thinkport: Facts and Reasoning: Water Scarcity

For Students 9th - 10th Standards
In this science-themed literacy lesson about water scarcity, students identify the author's claim and how the author supports this claim with evidence.
Article
Other

Resilience: Increasing Global Nonrenewable Natural Resource Scarcity Analysis

For Students 9th - 10th
A detailed analysis of how nonrenewable resources will not disappear but will become increasingly scarce in the years to come. Supported by research data, graphs, and tables on the scope of nonrenewable resources, and how much we have of...
Handout
eSchool Today

E School Today: Your Cool Basics on Water Shortage

For Students 4th - 8th
Despite seventy percent of the world's surface being covered with water, there is a potential shortage of this natural resource. Only a small percentage is fresh water and much of that is inaccessible or threatened. Learn about fresh...

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