Entrepreneurial Economics

EQ - How do entrepreneurs make economic decisions?

1. Activator - Hybrid Model Description (Identify Goals)
2. Direct
1. Introduction to Opportunity Cost
2. Reflection Questions in Schoology
3. Collaborative
1. Factors of Production
2. Evaluate and Sort Activity
4. Independent
1. Profit Equation
2. Word Problem
5. Application of Concepts
1. Collaborative Pairs - Coffee Shop
2. Reflection
1. What factors of production were required to operate a successful coffee shop?
2. Where did you experience opportunity costs during the simulation.  Specifically describe the exact situation.
3. How did you use the profit equation during the simulation to be successful?