This document discusses the concept of opportunity cost and its relevance in decision making. It defines opportunity cost as the benefits that are missed out on when choosing one alternative over another. It also notes that considering potential gains and losses of each option allows people to make informed decisions that lead to growth and success. Finally, the document explores how activities on opportunity cost can connect to achieving UN global goals related to poverty reduction and quality education.

1. Understanding
Opportunity Cost

2. 1. Define opportunity cost.
2. Recognize the concept of trade-offs.
3. Understand the relevance of opportunity cost in
making decisions.
Learning Outcomes:

3. Opportunity cost is a crucial concept in
decision-making. It refers to the
benefits a person misses out on when
choosing one alternative over another.
What is Opportunity Cost?

5. 1. When we make intentional choices, we open doors to new opportunities.
2. By considering the potential gains and losses of each option, we can make
informed decisions that lead to growth and success.
3. Embrace the power of decision-making and unlock a world of possibilities.
What are the benefits of Opportunity Cost?

7. Activity Time

8. Connection to UN Global Goals
Poverty Reduction
Students discuss and present
how opportunity cost relate to
achieving the global goal of
poverty reduction.
Quality Education
Assigning students to explore
the connection between
opportunity cost in the
context of promoting quality
education on a global scale.

9. Reflective Discussion and Conclusion
1 Group Reflection
Allow time for students to reflect on the
insights gained from the activities and
discussions related to opportunity cost and
trade-offs.
2 Summarize Learnings
Summarizing the key takeaways from the
session, reinforcing the importance of
understanding opportunity cost in decision-
making.