DECISIONS DECISIONS
The Decision-Making Process
DVD
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Theoretically, economics is about decisions, sure—but how does that apply to the real world?
In this amusing animated adventure, Frank, our bumbling hero, wants to buy a business, and through his missteps demonstrates a seven-step process: set a goal, identify obstacles, determine and evaluate the alternatives (with their costs and benefits), rank the options, choose the best, and evaluate the choice (including opportunity costs).
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| Copyright | 2002 |
|---|---|
| Publisher | VEA (Video Education America) |
| Grade | 7–12 |
| Color | Color |
| Run Time | 15 minutes |
Sample pagesTeacher's guide