EconExperiments - Scarcity & PPF

EconExperiments - Scarcity & PPF

Discussion forum --- Please leave your valuable comments or questions here!

Concepts & Keywords Illustrated:

Scarcity

Production Possibilities Frontier

Brief description:

Students are divided into 4 groups to provide both paper rings and paper aeroplanes. They are asked to shuffle the no. of labor used in the production.

After each round of production, students are asked to record the no. of products they produced.

From the data they collected, teacher illustrates the concept of scarcity and PPF.

Teaching Materials:

Teaching Materials	Format
1) Teaching Plan (English)	PDF (132k)	Word (74k)
2) Teaching Plan (Chinese)	PDF (166k)	Word (74k)
3) Diagram (English and Chinese)	PDF (109k)	Word (37k)
4) Table (English)	PDF (46k)	Excel (19k)
5) Table (Chinese)	PDF (44k)	Excel (19k)
6) Powerpoint (English)	PDF (198k)	Powerpoint (236k)
7) Powerpoint (Chinese)	PDF (236k)	Powerpoint (200k)

Discussion forum --- Please leave your valuable comments or questions here!

Concepts & Keywords Illustrated:
		Scarcity
		Production Possibilities Frontier

Brief description:
		Students are divided into 4 groups to provide both paper rings and paper aeroplanes. They are asked to shuffle the no. of labor used in the production.
		After each round of production, students are asked to record the no. of products they produced.
		From the data they collected, teacher illustrates the concept of scarcity and PPF.