Lesson Plan

Econ Ed Link: Are the Best Things in Life Free?

Curated by ACT

Learners use economic reasoning to analyze the costs and consequences of choice. The idea that the best things in life are free is widely expressed as a maxim by people who know nothing of its origin. They know it's true through intuition and common sense. In this lesson students analyze choices that couples make about marriage in order to understand that, contrary to expectations, these choices do have costs.

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Classroom Considerations
  • Knovation Readability Score: 2 (1 low difficulty, 5 high difficulty)