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Cost and Benefit Analysis Teacher Resources
Find Cost and Benefit Analysis educational ideas and activities
Cost-benefit, green initiatives, global economics, and renewable energy are the topics of this thought-provoking lesson plan. Learners watch the video, NASCAR Goes Green, engage in a circular written discussion, then talk about the green initiative as a targeted market to increase product loyalty and overall profit margarine. Multiple resources, discussion questions, and activities are all included.
Pupils identify the methods Hawaii uses to allocate their goods and services. They define new vocabulary such as cost and benefit. Using a cost/benefit analysis, they evaluate the ancient method used by the Hawaiian people to allocate their goods. They discover the costs and benefits to other ways of distributing resources.
Students identify the components of a wind turbine and determine the best circumstances to maximize wind power. They discuss wind energy viability and investigate efforts to implement wind energy. Students conduct a cost benefit analysis to wind turbines comparing them to other energy forms.
Students analyze Reagan's Strategic Defense Initiative. In this Cold War lesson plan, students listen to a lecture about the initiative and examine a speech given by President Reagan in 1983. Students then complete a cost analysis chart and discuss the nuclear standoff of the era.
This is part 2 in a 4 part lesson plan on banking and personal finance. In this lesson plan, learners analyze whether or not they have made a good purchase, then discuss how to make an informed decision about a purchase. They create a T-chart, a grid, participate in an interactive activity and navigate a website.
Students analyze the costs and benefits of owning a home. Using the cost-benefit analysis, they discover ways to reduce the costs of home ownership. They identify factors that affect the cost of mortgages and practice calculating them using different interest rates. They practice reading and interpreting charts as well.
Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to accomplish. They discuss marginal costs as well.
Fifth graders examine ways to save and spend money. They look at ways that people earn, save, and spend money using chapters from Tom Birdseye's Tarantula Shoes. They add and subtract decimals to fill in a worksheet entitled, "Is It a Bargain?" Working in both large and small group settings, they finally create a poster that tells how children can learn to spend their money wisely.
Explore the role of government in the economy market. Young scholars analyze the economic decision-making process and how it takes into consideration additional cost, benefits, and public awareness of what they are trying to accomplish. Vocabulary, mythconceptions, and an optional class activity are included.