Cost and Benefit Analysis Teacher Resources

Middle schoolers, in groups, take various roles in evaluating the costs/benefits of the Three Gorges Dam project on the Yangtze River in China.

What does it mean to be financially responsible? Pupils begin to develop the building blocks of strong financial decision making by reviewing how their past purchases are examples of cost comparing, cost-benefit analysis, and budgeting.

From scarcity and marginal benefits and costs to economic systems and GDP, this 22-question multiple choice test covers some of the most fundamental concepts of economics.

Knowing good project management means knowing how to conduct good financial analysis. Learner are introduced to the ins and outs of financial planning as it relates to cost, benefit, and project capital investment. 

Your young learners will delve into the language of primary source documents in order to identify the characteristics, benefits, and costs of nonviolence. The lesson plan includes a mix of activities, including an anticipatory activity,...

The 19th podcast of a 21-part series on economics focuses on the costs of production when running a business. Historians analyze the difference between fixed, explicit, and implicit costs. They use mathematical equations to find total...

What is the financial benefit for attending a community college for the first two years before transferring to a four-year college? The second part of the educational lesson asks young scholars to explore this question through data...

What would your class members say to the opportunity to take two years off of school between grades 10 and 11? Examine the economic concepts of costs, benefits, and unintended consequences with this unique and engaging approach.

Learners write their definitions of economics on index cards and revise them as the lesson continues. They discuss the principles of economic reasoning and after completing a quiz, use economic reasoning to solve "real life" mysteries.

How does one go about making a decision? Go with the flow, flip a coin? How about rock, paper, scissors? What things should be taken into consideration when making a decision? Does one need to consider benefits and/or consequences? A...

Market failure and the effects it has in terms of social benefit is the focus of this eight-page packet. Perfect for homework, this set of excellent worksheets provides several scenarios and graphs that show positive and negative...

What stories do current trends tell about society, fashion, and the future? Scholars investigate the concept of inflation and its impact on the future of the American economy. They compile current economic data to determine the level of...

First graders explore and discuss what physical fitness actually is, its benefits and how to obtain it through a variety of ways. They summarize the five parts of physical fitness: cardiovascular endurance,muscular strength, muscular...

Who knew that so many of the hilarious moments from Monty Python and the Holy Grail would be perfect for illustrating one of the most important concepts in economics: marginal analysis. In the second video of this fantastic series, your...

If basketball players make more than teachers, why shouldn't learners all aspire to play in the NBA? Unraveling the cost and benefits of education and future economic success can be tricky. Economic data, real-life cases, and some...

How can performing cannonballs into a swimming pool help us to understand the concept of marginal analysis and efficiency? Check out this video, using clips from the movie Anchorman and informative instruction, to learn more about...

Students use data collection and analysis, statistics, and probability in problem-solving situations and communicate the reasoning used in solving these problems.

Discover a renewed appreciation for the highway transportation department. with a lesson that has scholars design a highway route that meets certain conditions, including traffic flow, curves, speed limits, financial costs, and...

Sixth graders write a reflection piece, outlining each of the decision-making steps they have used and what decision they have decided upon, which includes possible solutions, as well as possible outcomes for each solution. They also...

Learners examine and define what technology is as well as the differences between science and technology. They assess the role of science and technology in society, conveniences technology offers and create a chart to compare the...

Seventh graders examine the factors that are contributing to the degrading of the Earth's environment. In groups, they analyze the types of hazards when dealing with pests and give an example of each. For each situation given, they...