Education

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What Is The Opportunity Cost Of Not Learning Economics?

Understanding Opportunity Costs ‘The cost of the next best alternative forgone’ That’s the definition of opportunity cost that I teach my students. But the important addition is to include ‘… when making a decision’. Decisions are everywhere, therefore economics is everywhere. Opportunity cost is the cost of the next best alternative forgone when making a

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Ten Things They Didn’t Teach You In School: And What You Can Do Now

A Common Complaint Let’s be honest. We are always complaining or hearing complaints about what should and shouldn’t be taught in school. I’m a teacher, and I even complain. So, I decided to start up a personal finance after-school activity. I called it ‘The Money Club’. I decided that this needed to be taught. My

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