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
Council for Economic Education

Econ Ed Link: The Mystery of the Voters Who Don't Vote

For Teachers 9th - 10th
This lesson plan from the Council for Economic Education for learners, 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,...
Unit Plan
CommonLit

Common Lit: Tech/progress/industry: What Are Costs and Benefits of Technology?

For Students 9th - 10th
This is a collection of Grade-Leveled texts (3-12) to address the question, "What are the costs and benefits of technology?" Select a grade level and a collection of grade-appropriate reading passages comes up. [Free account registration...
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
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
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
Scholastic

Scholastic: Shake, Rattle & Roll

For Teachers 6th - 8th Standards
Middle schoolers 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.
Lesson Plan
Social Science Education Consortium

Ssec: Health Care: Who Should Pay the Cost? [Pdf]

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

Econ Ed Link: Tapped Dry: How Do You Solve a Water Shortage?

For Teachers 9th - 10th
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...
Website
Council for Economic Education

Econ Ed Link: Incentives Video and Quiz

For Students 9th - 10th
Economics website with video [1:35] and interactive quiz teaches about costs, benefits, and incentives.
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.
Article
Khan Academy

Khan Academy: Financial Costs and Benefits of College

For Students 9th - 10th
This resource is an article about the financial costs and benefits of college.
Lesson Plan
Council for Economic Education

Econ Ed Link: Worker Safety the Triangle Fire Legacy

For Teachers 9th - 10th
Students investigate the Triangle Shirtwaist Fire tragedy and how its impact is still felt today. Students identify eerie parallels between the Triangle Fire and more recent workplace events with safety implications. How can future...
eBook
Other

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

For Students 9th - 10th
Chapter 8 of a report on the energy industry in Texas. It examines nuclear energy, what it is, its history, and its uses. The nuclear power industry in Texas is described, including uranium mining, and types of nuclear reactors and how...
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.
Lesson Plan
Council for Economic Education

Econ Ed Link: Dumptown, Usa: Making a Ton of Difference

For Teachers 6th - 8th
The amount of trash produced in the United States is mounting with each passing year. Communities are finding it increasingly difficult and costly to handle trash disposal. Recycling is considered a key solution to the garbage problem....
Handout
US Environmental Protection Agency

Epa: Benefits and Costs of the Clean Air Act, 1970 to 1990

For Students 9th - 10th
This resource compares the environmental benefits of pollution control to the costs incurred by industry, taxpayers, and consumers.
Handout
Other

Rand Corp.: Gifts of the Muse: Reframing Debate About Benefits of the Arts [Pdf]

For Teachers Pre-K - 1st
With schools cutting costs, often times arts educators must justify why what they teach is important. This study in pdf format addresses many of the positive outcomes of arts education for students. Many of the benefits relate to 21st...
Lesson Plan
Science Education Resource Center at Carleton College

Serc: Choosing Between Home Appliances: Benefits to the Planet and Your Wallet

For Teachers 5th - 9th
Students compare various options for purchasing new home appliances by comparing the energy usage of more efficient models to less energy efficient models. They calculate the payback period in cases for which the purchase price for the...
Lesson Plan
Council for Economic Education

Econ Ed Link: The 411 on College Education

For Teachers 9th - 10th
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.
Lesson Plan
Discovery Education

Discovery Education: Technology Its Benefits and Negative Effects [Pdf]

For Teachers 3rd - 5th
In this lesson, students consider advances in technology over the past several hundred years and the positive and negative impacts these advances have had on human beings and the natural world. Note: The video referred to in the lesson...
Handout
Wikimedia

Wikipedia: Externality

For Students 9th - 10th
Provides a definition and examples of an externality, both positive and negative, and the externality's effect on marginal private benefit and marginal social benefit.
Lesson Plan
Council for Economic Education

Econ Ed Link: You're Going to College

For Students 9th - 10th
Interactive game gives learners the chance to learn about costs and benefits, the cost of college, and potential lifetime earnings.

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