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Last updated

13 May 2025

pptx, 838.23 KB
pptx, 838.23 KB

Topic: Opportunity Cost and the Production Possibility Curve PPC ‘ppt’ - IGCSE Economics
Use these materials to engage your students, and relax. You can consistently produce A*s, As, and Bs.
User guidelines:

  1. Duplicate the file. Delete the answers to the activities in one file and share to students before or during the class.
  2. Project the file. Teach and / or discuss the content within 5 to 15 minutes of lesson time.
  3. Let students work on the activities provided.
  4. Watch and guide them individually or collectively as the needs arise, such that they
    understand and do the needful.
  5. Use the activities as you find fit. Project the answers. Let students exchange and mark their own scripts for short and direct responses questions. Mark the detailed responses yourself. Best regards.

Lesson Objectives
At the completion of the lesson, all students should be able to;
Define opportunity cost and give examples of opportunity cost in different contexts. explain the influence of opportunity cost on decision making by consumers, workers, producers and governments when allocating their resources. Define the Production possibility curve diagrams (PPC), draw and interpret appropriate diagrams. Points under, on and beyond a PPC describe the significance of the location of production points. Describe movements along a PPC and opportunity cost. Shifts in a PPC - The causes and consequences of shifts in a PPC in terms of an economy’s growth.
Class Activities. ‘Multiple Choice Questions’ with ‘Answers.’

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