Monday, August 30, 2010

Monday, August 30th

There Is No Such Thing As A Free Lunch:
  • shared student comments on meaning of the phrase with the class
  • shared meaning and began lecture on
             -Opportunity Cost
             -Importance of Choices we make - come with costs and    consequences
             -Choices made in Best Interest - concept of Self-Interest
             -Micro and Macro economics
  • Students worked on some Opportunity Cost situations - trying to explain them using the info learned

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