The Foundation of Choice · Semester 1
Making Choices: Individuals and Households
Exploring how individuals and families make economic choices given their limited income and resources.
Key Questions
- How do individuals decide what to buy when they have a limited budget?
- Explain how personal values influence spending and saving decisions.
- Analyze the trade-offs a household faces when deciding between a holiday and a new appliance.
MOE Syllabus Outcomes
MOE: The Central Economic Problem - S3
Level: Secondary 3
Subject: Economics
Unit: The Foundation of Choice
Period: Semester 1
Suggested Methodologies
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