Mar. 22 – Goof Off!

Gay Lynn HillBell Ringers, Economics(BR)

Mar. 22 is National Goof Off Day.

One of the most classic films about goofing off is Ferris Bueller’s Day Off. And one of the important concepts in economics is scarcity. We all have finite resources, and among them is time. For some people, spending a day in school comes at a high cost. In the movie, Ferris decides to do something about it. The sum of the things he gets to do on his “day off” is the price of going to school. If you could have a day off like Ferris’s, would you choose it over school?



Questions:
  1. In your life, think about the costs of some of the other things you do, and what your choices say about what you value. If you are in a lot of activities and clubs, how do you value your free time?
  2. How do you spend your summers? What are the opportunity costs of your choices?
  3. Do you have friends who don’t get along? What is the cost of hanging out with one of them over the other?
  4. If you could goof off for an entire day, how would you spend it?

Image Citation:

13, Mar. 2018, Enough Goofing Off [Digital image].  Retrieved from <google.com>.