On the Court with... Michael Jordan Lesson for Grades 4-6
Students participate in a simulation to learn about choices, alternatives, opportunity cost and human capital. They learn the PACED decision-making model, apply the model and recognize that learning the model is an investment in their human capital. Student groups build a tower with paper cups. Each group has different physical abilities based on an assigned level of human capital.
This lesson plan is designed for teaching grades 4, 5, and 6.
Book written by Matt Christopher / ISBN: 0-316-13792-8. This book is out of print but is available used and in electronic format.
---
If you have difficulty accessing this content due to a disability, please contact us at 314-444-4662 or economiceducation@stls.frb.org.
Find More Economics and Personal Finance Resources
Education Level:
Pre-K-5
,
6-8
Subjects:
Literature
,
Economics
Concepts:
Decision-Making
,
Opportunity Cost
,
Human Capital
Resource Types:
Lesson
Languages:
English
