Curated OER
Making Difficult Decisions
Students examine the decision-making model to explore the various options when making a difficult decision. In this making difficult decisions lesson, students aim at the goal of using the decision-making model to make a difficult...
Curated OER
Decision-making Scenarios
Students follow the ABCDE model: assess the problem, brainstorm alternative solutions, consider the consequences of each, decide and act, evaluate the consequences to determine the solutions and consequences of four example scenarios. .
Council for Economic Education
Econ Ed Link: Dynamic Decision Making
Students will be introduced to the PACED Model and learn to use the parts of the model-- Problem, Alternatives, Criteria, and Evaluation- in solving problems and making decisions. They will practice using the model in decisions about...
Council for Economic Education
Econ Ed Link: How E Commerce Influences Consumer Choice
In this lesson students learn decision making skills that will help them become better consumers. As consumers they have a variety of alternatives from which to choose. They learn about the importance of price information in making their...
Council for Economic Education
Econ Ed Link: Education: Weigh Your Options
Getting and keeping a job often requires special education or training. While an employer may provide or pay for some additional education or training, workers often have to obtain it on their own. In this lesson, students use a weighted...
Council for Economic Education
Econ Ed Link: It's a Matter of Power
Students examine tradeoffs and profit- maximization decisions in the case study of Kaiser Aluminum, which decided to shut down aluminum production in favor of reselling electricity.