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Economic Systems
Michigan Economics Standards Addressed:
1.1.1 Scarcity, Choice, Opportunity Costs, and Comparative Advantage Using examples, explain
how scarcity, choice, opportunity costs affect decisions that households, businesses, and
governments make in the market place and explain how comparative advantage creates gains from
trade.
Lesson Objective: Students be introduced to the concept of scarcity and the role that it plays
within Economics.
Materials:
Settlers of Catan Scarcity Activity Overview
Settlers of Catan Scarcity Activity Reflection Questions
Settlers of Catan Resource cards (Wood, Stone, Wheat, Brick, and Sheep)
Settlers of Catan Settlement Cards
Longest Road Trophy
Largest Army Trophy
The Robber
Set of 2 6-sided die
Plan of Instruction:
1. Warm-up: Get into groups of 3-4, with a maximum of 8 groups.
2. Use the Settlers of Catan Activity overview to explain the rules of the game to the students.
Make sure to emphasize:
3. Begin the first round by rolling the set of 2 6-sided die 5 times and record the results for
students to see.
4. Have one student from each group come up and collect the resource cards they earned that
period.
5. Groups may now build settlements, upgrade settlements, buy development cards or trade
with other groups or the bank. Set a 5 minute timer.
6. At the end of the 5 minutes, record the number of settlements, the number of cities, the
number of roads and the number of armies for each group and post it for all groups to see.
7. Repeat steps 3-6 for each round.
8. Formative Assessment: When 5-7 minutes are remaining in the class, finish that round
and have the students answer the Reflection Questions.
Sources:
Settlers of Catan Board Game
Gangi, John. "Settlers of Catan and Intro to Econ." Econ Rules, econrules.com/?page_id=498.
Accessed 28 Apr. 2017.
How did your group go about making choices about what to do with your resources?
What were some of the choices you made during the course of the game?
This activity was all about Scarcity. In your own words, how might you define Scarcity? (If
youve having trouble, use the questions above to help you).