Help Me Decide!

Help Me Decide!
From Lesson 13 - Adventures in Economics and U.S. History, Volume 1
Tune: The Farmer in the Dell

Music Connection: Use this song to reinforce the concepts of Choice, Scarcity, Opportunity Cost and Trade. Remind students that choices have consequences.

I have to make a choice.
I have to make a choice.
I weigh my costs and benefits,

And then I make a choice.

Choices have a cost.
Choices have a cost.
With every choice I have to make,
Something will be lost.

Incentives guide my choice.
Incentives guide my choice.
They lead me to more benefits.
Incentives guide my choice.

Later I will see,
Later I will see,
The consequences of my choice.
Later I will see,

When two people trade
Voluntarily,
Both of them will benefit,
When two people trade.

A market economy,
A market economy,
Rewards me for efficiency
A market economy.

Posters

Scarcity, Opportunity Cost, Trade & Money