[1a] Personal Decision Mapping

Think about a recent decision you made (this week or last week) that involved choosing between two or more options. What were your options? What constraints did you face? What trade-offs did you consider? Explain to and convince your partner about your choice.

• Ex) Hang out with a friend in weekend vs. relax and prepare for the semester
• What and why did you choose one option? What did you give up? How did you feel?

Goal: Understand that everyone has different constraints and preference. Get to know the core concepts of Economics – time constraint, opportunity cost, utility, scarcity, etc.

Secondary goal: Get to know each other within a group.