Trade-Offs

S1 E1

Trade-Offs — Season 1, Episode 11: To Sell or Not to Sell

Family, Kids30 min1 season, 15 episodes

Episode synopsis

Kathy discovers the real costs behind making handmade serving trays and must decide whether selling them is worth her time. As prices, wages, and opportunity costs shift, she learns how producers respond to changing incentives. The episode illustrates how supply decisions rise or fall as costs and alternatives change.

About Trade-Offs

Trade-offs was an AIT program designed to improve economics instruction in the United States and Canadian schools. The series of fifteen lessons, for children from 9-13, helped students think their way through economic problems and increased their understanding of economics. On a broader scale, it helped them become more effective decision makers and ultimately more responsible citizens. Each lesson consists of a 20-minute color television/film program plus teacher's guide material to facilitate classroom follow-up. Each program begins with a short segment that identifies key points that students and teachers should watch for. This is followed by the dramatization of a fundamental economic problem relevant to the daily life of the student. Special visuals emphasize the economic principles and reasoning processes involved. The last portion of the program introduces, but does not resolve, another problem, and ends by posing a question to the viewers.

Popular Web Series Collections