Activity 01
Simulation Game: The Island Survival Challenge
Divide the class into small groups representing stranded survivors with a limited set of tools and time. Each group must choose only three items to keep, documenting the opportunity cost of every rejected item and presenting their reasoning to the class.
Analyze the fundamental economic problem of scarcity in everyday decisions.
Facilitation TipDuring the Island Survival Challenge, circulate with a clipboard to note which items students rank highest and why, so you can spotlight the single next-best alternative when modeling opportunity cost.
What to look forPresent students with a scenario, such as a family with a fixed weekly budget. Ask them to list three things the family wants and then identify the opportunity cost of purchasing one of those items. Collect responses to gauge understanding of choice and opportunity cost.