Activity 01
Pairs Activity: Plotting PPF Curves
Provide pairs with data tables on resource allocation for two goods. Students plot the PPF on graph paper, label points inside, on, and beyond the curve, then calculate opportunity cost at two points. Pairs share one key insight with the class.
Construct a Production Possibility Frontier for a hypothetical economy.
Facilitation TipDuring the pairs activity, circulate to ensure both students contribute to plotting points and discussing why the curve isn't a straight line.
What to look forProvide students with a simple PPF graph showing the production of laptops and smartphones. Ask them to label one point representing productive efficiency, one representing inefficiency, and one representing unattainable output. Then, ask them to calculate the opportunity cost of producing one additional laptop.