Council for Economic Education
Econ Ed Link: Costs and Benefits of 'The Three Little Pigs'
Find out what the definition of a cost and a benefit is in terms of the economy when using this site. "When making a decision, young scholars should consider the costs and the benefits of that decision."
Climate Literacy
Clean: Compact Fluorescent Light Bulbs Cost Benefit Analysis
This analysis activity allows students to calculate electrical usage in home lighting, and create a cost-benefit analysis for cost and energy savings by replacement of incandescent light bulbs with compact fluorescent or LED light bulbs.
Khan Academy
Khan Academy: Cost Benefit Analysis
Practice what you have learned about total utility, marginal utility, total revenue, and costs in this four-question exercise.
Other
Michigan Department of Agriculture: Risks vs Benefits in Food Production [Pdf]
Michigan Department of Agriculture provides this site that teaches students about the risks and benefits involved with food production. Includes a detailed lesson plan along with a list of terms and definitions. Gives great background...
Council for Economic Education
Econ Ed Link: Cost/benefit Analysis: Three Gorges Dam
This lesson will allow learners to evaluate the costs/benefits of the Three Gorges Dam project on the Yangtze River in China. The purpose of this lesson is to encourage students to look at a complex issue from differing viewpoints and to...
Social Science Education Consortium
Ssec: Health Care: Who Should Pay the Cost? [Pdf]
In this investigation, students explore issues around the provision of health care in the United States. They look at how it is financed, why the costs are growing so rapidly, whether it is a public or private good, and possible...
Council for Economic Education
Econ Ed Link: Country Mouse Makes a Decision! (Student Version)
Use this site to teach your primary students how to identify the costs and benefits of making a decision. Animated link to the story, Country Mouse Makes a Decision, makes this an entertaining and educational economics activity.
TeachEngineering
Teach Engineering: Car Collision Testing & Tradeoffs: Don't Crack Humpty
Student groups are provided with a generic car base on which to design a device/enclosure to protect an egg as it rolls down a ramp at increasing slopes. During this activity, student teams design, build and test their prototype...
Council for Economic Education
Econ Ed Link: The 411 on College Education
What are the costs and benefits to getting a college degree? Use this lesson plan to get your students thinking about the options they have for higher education and how to pay for it.
National Geographic
National Geographic: Evaluating Other Energy Sources
A comprehensive lesson where young scholars examine the different costs and benefits associated with renewable and nonrenewable sources of electricity. Includes a 22-question interactive module where they look at real-world data and...
Council for Economic Education
Econ Ed Link: Off to Interactive Island
This activity provides a fun way to explore concept of economic decision making. In the lesson, young scholars are given a limited number of "tokens" and asked to exchange those tokens for goods in preparation for pioneering in a new...
Council for Economic Education
Econ Ed Link: The Economics of Voting: What Do You Mean My Vote Doesn't Count?
This lesson explores the costs and benefits associated with voting in national elections. Specifically, the concepts of rational apathy, rational ignorance and expressive voting are explained.
Council for Economic Education
Econ Ed Link: If You Hear a Hoot, Then This Site Is Kaput
Should the Endangered Species Act of 1973 be left alone so the legal system is left to decide the toughest cases? Should the Endangered Species Act of 1973 be revised in order to increase economic growth without endangering listed...
Council for Economic Education
Econ Ed Link: The Economics of Homebuying
This instructional activity analyzes the costs and benefits of homeownership and asks the student to describe the factors that affect affordability, use cost-benefit analysis and knowledge of home-buying procedures to reduce the costs,...
Council for Economic Education
Econ Ed Link: An Investigation of Regional Housing Costs
This lesson has students explore differences in regional housing costs, determine the percentage of gross income spent on housing, assess the impact of housing costs on a relocation decision and recognize wages and housing costs are prices.
Scholastic
Scholastic: Shake, Rattle & Roll
Students will learn and reinforce skills for creating and analyzing scatterplots and histograms; using cost-benefit analysis to make predictions from data and using tree diagrams to understand outcomes of events.
Council for Economic Education
Econ Ed Link: You're Going to College
The students will explore the costs and the benefits of going to college. They participate in a three-part game designed to help them understand the decisions associated with attending college and the benefits available to college...
Council for Economic Education
Econ Ed Link: Tapped Dry: How Do You Solve a Water Shortage?
Economists do not operate in a vacuum. If an economist is going to suggest that the price of a good needs to be increased, he or she needs to consider who will bear the increase in costs. Will the costs be distributed equally or will one...
Council for Economic Education
Econ Ed Link: Incentives Video and Quiz
Economics website with video [1:35] and interactive quiz teaches about costs, benefits, and incentives.
Other
Icpdr: Ships and Environment to Share Danube River
This is a comprehensive analysis of the importance of the Danube River Basin and ways to balance human and ecological needs in the basin. The reason behind this study is the European Union's move to open shipping lanes in the Danube and...
Econoclass
Econoclass: Using Economics to Save Lives
This activity presents students with the challenge of saving lives through public policy. A cost-benefit analysis of current programs and potential policies will be used.
Climate Literacy
Clean: State Electricity on Google Earth: How Many Solar Panels Would It Take?
This activity addresses the Energy Awareness Principle by having students calculate electricity use by state, and also determine how much land would be required to replace all sources of electricity with solar panels considering costs...
Council for Economic Education
Econ Ed Link: The Mystery of the Voters Who Don't Vote
This lesson plan from the Council for Economic Education for students, grades 9-12, examines the question of why many Americans don't vote. It interestingly ties the answer to some economic terms such as choice, cost/benefit analysis,...
US Environmental Protection Agency
Epa: Learn About Green Infrastructure
The EPA provides many ideas for integrating green infrastructures into communities. This site also discusses how this can build climate resilience and offers resources for doing a cost-benefit analysis, for addressing government...