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Choices Are Everywhere: Why Can’t We Just Have It All?

January 2013

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Classroom Edition

Jan 1, 2013 Opportunity Cost

By Scott Wolla, The Economic Lowdown Podcast Series, Economic Education department of the Federal Reserve Bank of St. Louis, Vol. 1, No. 1, 2012.

 This podcast introduces three topics in economics: choice, scarcity and opportunity cost. The Economic Lowdown Podcast is for high school students. The series covers topics in economics, banking and monetary policy. The brief videos use clear, simple language and graphic elements so that students can better visualize the economic concepts being presented. In the end, they will see how economic principles affect the choices they make in their everyday lives.


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