The Economics of Death

Does an increased lifespan help to sustain the economy, or do healthcare costs for people who live longer negate that benefit? Learn about the economics of dying, being buried, and the other ways the end of one's life can be quite expensive.

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CCSS: Adaptable
Instructional Ideas

  • Use in a discussion about the practical application of economics or when learning about healthcare costs
Classroom Considerations

  • The subject of death and its inevitability may be sensitive for some learners
  • The video format changes to one host instead of two, which makes it less fast paced (and a little less engaging)
  • The comment section is open to the public and is full of differing opinions
  • Focuses on heath care and burial costs, and only briefly mentions asset management and estate taxes
Pros

  • Uses real-world examples and costs to illustrate the point
  • Answers questions that learners may have never considered
Cons

  • None