Other
Amos Web Gloss Arama: Opportunity Cost
Provides readers with a definition and explanation of the concept of opportunity cost. Gives great details and compares the term with similar concepts.
Council for Economic Education
Econ Ed Link: No Extra Room on the Mayflower
Choose what to bring on a voyage. Space is scarce, so choices must be made about what to leave behind.
Tutor2u
Tutor2u: Opportunity Cost
This description explains the concept of opportunity cost and gives examples.
Council for Economic Education
Econ Ed Link: Vincent Van Gogh's Flower Beds in Holland
A simple lesson plan on the concept of opportunity costs or sacrifices. A short quiz on this concept is also provided.
University of Nebraska Omaha
Ec Ed Web: Why Nations Trade
This lesson plan is about the reasons for International Trade.
Curated OER
The Production Possibilities Frontier
This site shows an good example of opportunity costs along with related production possibilities curves.