Website
Council for Economic Education

Econ Ed Link: Costs and Benefits of Buying a T Shirt

For Students 3rd - 5th
Video and related resources examines the costs and benefits of buying a new T-shirt.
Lesson Plan
Council for Economic Education

Econ Ed Link: Costs and Benefits of 'The Three Little Pigs'

For Teachers 3rd - 6th
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, students should consider the costs and the benefits of that decision."
Lesson Plan
Council for Economic Education

Econ Ed Link: The Economics of Homebuying

For Teachers 9th - 10th
This lesson plan 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, analyze the...
Lesson Plan
Council for Economic Education

Econ Ed Link: The Economics of Voting: What Do You Mean My Vote Doesn't Count?

For Teachers 9th - 10th
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.
Lesson Plan
Other

Michigan Department of Agriculture: Risks vs Benefits in Food Production [Pdf]

For Teachers 4th - 6th
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...
Lesson Plan
Econoclass

Econoclass: Using Economics to Save Lives

For Teachers 9th - 10th
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.
Lesson Plan
Council for Economic Education

Econ Ed Link: Country Mouse Makes a Decision! (Student Version)

For Teachers Pre-K - 1st
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 lesson.
Article
Khan Academy

Khan Academy: The Tradeoff Between Economic Output and Environmental Protection

For Students 9th - 10th
Unfortunately, it's not possible for a country to maximize both its environmental protection and its economic output. Each country must make a decision about how the two goals should be balanced and how to achieve that balance.
Lesson Plan
Council for Economic Education

Econ Ed Link: The Economics of Voting

For Teachers 9th - 10th
Since the 1960s, many Americans eligible to vote have not bothered to do so- not even in presidential elections. Low rates of participation in voting have been worrisome to people interested in preserving our democratic traditions....
Lesson Plan
Council for Economic Education

Econ Ed Link: Cost/benefit Analysis: Three Gorges Dam

For Teachers 6th - 8th
This activity will allow students to evaluate the costs/benefits of the Three Gorges Dam project on the Yangtze River in China. The purpose of this activity is to encourage students to look at a complex issue from differing viewpoints...
Lesson Plan
Other

Foundation for Teaching Economics: Lesson 2: Opportunity Cost and Incentives

For Students 9th - 10th
This lesson covers the National Content Standard 2: Marginal Decision Making. It provides key terms and concepts around scarcity forces, changing opportunity costs which affect incentives and choices. It includes links to a teacher's...
Lesson Plan
Council for Economic Education

Econ Ed Link: An Investigation of Regional Housing Costs

For Teachers 9th - 10th
This lesson plan has young scholars 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...
Lesson Plan
Council for Economic Education

Econ Ed Link: Opportunity Cost

For Teachers 9th - 10th
Consumers are faced with tough choices because so many innovative and exciting products and services are available. Therefore, engraining a decision-making process that includes considering of opportunity cost is necessary to shape...
Lesson Plan
Council for Economic Education

Econ Ed Link: Hawaiian Economics: From the Mountains to the Sea

For Teachers 3rd - 5th
Ancient Hawaii was ruled by chiefs, who were responsible for the well-being of their people and for managing the islands' resources. The chiefs divided the islands into land districts shaped like pie slices called Ahupua'a (ah-who-...
Lesson Plan
Council for Economic Education

Econ Ed Link: You're Going to College

For Students 9th - 10th
Interactive game gives students the chance to learn about costs and benefits, the cost of college, and potential lifetime earnings.
Lesson Plan
Council for Economic Education

Econ Ed Link: Off to Interactive Island

For Teachers K - 1st
This activity provides a fun way to explore concept of economic decision making. In the instructional activity, students are given a limited number of "tokens" and asked to exchange those tokens for goods in preparation for pioneering in...
Lesson Plan
Council for Economic Education

Econ Ed Link: If You Hear a Hoot, Then This Site Is Kaput

For Teachers 9th - 10th
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...
eBook
Other

Texas Comptroller of Public Accounts: The Energy Report: Solar Energy [Pdf]

For Students 9th - 10th
Chapter 10 of a report on the energy industry in Texas. It examines solar energy, its history, and how it is used. The solar power industry in Texas is described, its economic importance, methods of producing it, and how it is...
eBook
Other

Texas Comptroller of Public Accounts: The Energy Report: Hydropower [Pdf]

For Students 9th - 10th
Chapter 19 of a report on the energy industry in Texas. It looks at hydroelectric power, its history, and how it is used. Hydropower in Texas is described, its economic impact, how it is produced and its availability. The costs and...
eBook
Other

Texas Comptroller of Public Accounts: The Energy Report: Wind Energy [Pdf]

For Students 9th - 10th
Chapter 11 of a report on the energy industry in Texas. It looks at wind energy, its history, and how it is used. The wind power industry in Texas is described, its economic importance, how it is produced and transmitted, and its...
Unit Plan
Khan Academy

Khan Academy: The Benefits and Costs of Us Environmental Laws

For Students 9th - 10th
Read about specific examples of environmental laws in the United States.
Article
Pew Research Center

Pew Research Center: Stories From Experts About the Impact of Digital Life

For Students 9th - 10th
While many technology experts and scholars have concerns about the social, political, and economic fallout from the spread of digital activities, they also tend to report that their own experience of digital life has been positive. This...
Activity
Tutor2u

Tutor2u: Market Failure Positive Externalities

For Students 9th - 10th
This site examines how society can benefit by producing and consuming more of a product that causes a positive externality.
Lesson Plan
Council for Economic Education

Econ Ed Link: Chevy Volt It's Electric!

For Teachers 9th - 10th
The costs and benefits of owning an electric or hybrid car will be evaluated in this lesson. By reading and researching the history of the production of electric cars, the lesson allows students to understand how this market has developed.