1. Focus High School Economics: Lesson 1- Plan a Dance Ms. Ramos Alta Loma High School

2. Objectives Analyze tradeoffs involved in making decisions Analyze consequences of a choice and determine when those consequences occur Ms. Ramos

3. Plan a Dance Ms. Ramos

4. In groups of 5: Your group has a budget of $9,635 to plan a dance You may NOT spend more, but you do not have to spend it all. You must choose spend for a selection in all three categories (Band/DJ, Place, Food). Be prepared to share your plan with the class and defend your decisions. Ms. Ramos

5. #Band/DJPlaceFoodProject 1 2 3 4 5 6 7

6. Debrief/ Warm up Ms. Ramos

7. Answer the following 4 questions on your OWN opposite your dance planning in your notebook (on the left side). Ms. Ramos

8. 1- What tradeoffs did your group have to make? 2- What was the opportunity cost of each decision? 3- How did your group preferences influence decisions? 4- In what ways is this problem/ situation similar to the economic decisions faced by your family? How is it different? Ms. Ramos