Review the concepts of scarcity, opportunity cost and the production possibility frontier with these engaging worksheets for your A level students!
These worksheets will test your students’ understanding of scarcity and opportunity cost in a clear and concise way. Students will learn to identify and calculate opportunity costs, understand the trade-offs involved in making economic decisions, and apply these concepts to real-world scenarios.
Formats: PDF
What’s included
- Twenty-four Multiple-Choice Questions
- Identifying and calculating opportunity costs
- Interpreting the points on a PPF curve
- Identifying the central problems of economics
- Two short answer questions
- Four essay questions based on scenarios in the United Kingdom
Answers are provided to every question.
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