Disciplinary VocabularyOpportunity CostGrade 1

By Jessa Moody

RED 6545

Fall 2013

CSI-R Model for Vocabulary

Content: Standard SS.1.E.1.2 Standard 1: Beginning Economics

Define opportunity costs as giving up one thing for another. Standards CCSS: (See page 4)

Investigate: Students investigate Fiction & Informational Text

1. Text 1: Fiction: Erandi’s Braids: http://www.kidseconposters.com/literature-connection/

2. Text 2: Other sources:

1. http://int.danville.k12.pa.us/teacherweb/mmast/iWeb_publish/Opp_and_Marginal_Cost_files/opportunity-cost.jpg

2. http://www.econed-il.org/icee/images/2011/pc_brooke_r_l.jpg

Report/Represent: Show what you know3. Comic Creator:

http://www.readwritethink.org/files/resources/interactives/comic/

4. CCSS.ELA-Literacy.CCRA.W.6 Use technology, including the Internet, to produce and publish writing and to interact and collaborate with others.

Content

Disciplinary VocabularyOpportunity CostsRelated Vocabulary: Save,

Consume, Choice

STANDARD SS.1.E.1.2 Standard 1: Beginning Economics

Define opportunity costs as giving up one thing for another.

S: CCSS

CCSS.ELA-Literacy.CCRA.R.1: Read Closely-Evidence & Inferences

CCSS.ELA-Literacy.CCRA.R.4 Interpret words and phrases as they are used in a text

CCSS.ELA-Literacy.CCRA.R.9 Analyze how two or more texts address similar topics

CCSS.ELA-Literacy.CCRA.W.6 Use technology, including the Internet, to produce and publish writing and to interact and collaborate with others.CCSS.ELA-Literacy.CCRA.L.4 Determine or clarify the meaning of unknown and multiple-meaning words and phrases by using context clues, analyzing meaningful word parts, and consulting general and specialized reference materials, as appropriate.CCSS.ELA-Literacy.CCRA.L.6 Acquire and use accurately a range of general academic and domain-specific words and phrases sufficient for reading, writing, speaking, and listening

CCSS.ELA-Literacy.CCRA.SL.2 Integrate and evaluate information presented in diverse media and formats, including visually, quantitatively, and orally

Investigate: Text 1

Read Aloud – Erandi’s Braid http://www.kidseconposters.com/literature-connection/opportunity-cost/erandi-s-braids/?query=Concepts.eq.Opportunity%20Cost&xsearch_id=literature_search1&xsearch[2]=&xsearch[0]=&class0_0=20&back=literature

What did Erandi and her mother do for a living?

In the store, what did Erandi want her mother to purchase? Why couldn’t she purchase both? What did she choose to buy?

What was the opportunity cost? What was she giving up?

Investigate: Text 2 Informational

Why is the T.V. her opportunity cost?

http://www.econed-il.org/icee/images/2011/pc_brooke_r_l.jpg

Informational Text Continued:

1. If Pinky chose to play soccer, what would her opportunity cost be?

2. If Pinky chose to ride her scooter, what would her opportunity cost be?

http://int.danville.k12.pa.us/teacherweb/mmast/iWeb_publish/Opp_and_Marginal_Cost_files/opportunity-cost.jpg

Report

http://www.readwritethink.org/files/resources/interactives/comic/

Design a comic book picture that

shows an example of a

time you had to choose between

one thing and another. Show which one was

your opportunity cost.