1 / 18

Choices and Opportunity Costs Decision Making

Learn how to make decisions effectively using the PACED Decision Making Model: State the problem, list alternatives, state criteria, evaluate alternatives, and decide. Utilize the Decision Making Grid with evaluation metrics to assess options. Explore decision-making lessons for different age groups, such as financial decision-making for kids and fun literary links for elementary students. Enhance your decision-making skills and make the best choices in various situations.

nicholasd
Download Presentation

Choices and Opportunity Costs Decision Making

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Choices and Opportunity Costs Decision Making

  2. Decision Making 3-5 Style:The PACED Decision Making Model • State the Problem • List the Alternatives • State Your Criteria • Evaluate your alternatives • Decide

  3. The Decision Making Grid

  4. EvaluateEvaluation Metric3 = Does an excellent job of meeting the criterion2 = Does a good job of meeting the criterion1 = Does a poor job of meeting the criterion0 = Doesn’t meet criterion

  5. Lesson 2: Making Decisions • Source: Financial Fitness for Life, 6-8

  6. Which Graham Cracker CookieIs the Best?

  7. Decision Making k-2

  8. Decision Making k-2 Style Money Lets us Choose

  9. Money Lets us Choose

  10. Decision Making 3-5 Style The Grasshopper and the Ant

  11. Decision Making 3-5 Style The Grasshopper and the Ant Literature Link

  12. Decision Making 3-5 Style The Grasshopper and the Ant

More Related