The Foundation of Choice · Microeconomics

Production Possibility Frontiers

Using graphical models to illustrate concepts of efficiency, growth, and resource allocation.

Key Questions

  1. 1What does a shift in the PPF curve reveal about a country's future economic potential?
  2. 2How does a society decide between producing consumer goods today versus capital goods for tomorrow?
  3. 3What are the implications of operating inside the PPF curve for a developing nation?

MOE Syllabus Outcomes

MOE: Resource Allocation and PPF - S3
Level: Secondary 3
Subject: Economics
Unit: The Foundation of Choice
Period: Microeconomics

Suggested Methodologies

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