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Unit Plan
Texas Education Agency

Texas Gateway: How Individuals Make Choices Based on Their Budget

For Students 11th - 12th
By the end of this section, you will be able to calculate and graph budgets constraints, explain opportunity sets and opportunity costs, evaluate the law of diminishing marginal utility, and explain how marginal analysis and utility...
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Unit Plan
Khan Academy

Khan Academy: Decisions Within a Budget Constraint

For Students 9th - 10th
Another approach to maximizing utility uses indifference curves (sometimes called utility curves) and budget constraints to identify the utility optimizing combination of consumption. Read about this method in this article.