Risky Business: What Every Teenager Needs to Know About Living Smart - Lesson Details

Activity 1.3 - You Be the Counselor

Students work in groups to take on the role of a guidance counselor giving advice. After reading about five distinct alternatives, they recommend choices in case studies involving hypothetical students. The students are encouraged to consider choices other than conventional college or university programs, and to consider alternatives not among the five initially presented.

Concepts:

Career choice, Costs and benefits, Investing in human capital, Opportunity cost, Trade-offs
National Content Standards in Economics:
  • Standard #1: Scarcity
  • Standard #4: Incentives
  • Standard #10: Institutions
  • Standard #13: Income


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