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Economics: Cost Benefit Analysis Discuss this eTheme.

These sites include lesson plans, games, and various class activities for learning the concept of Cost Benefit Analysis. Includes link to eThemes resources: Economics, Economics for Lower Elementary, and Economics: Basic Concepts.

Grades

  • 3

Links

This site provides an overview of a lesson used to teach cost benefit analysis to elementary students. NOTE: This site includes ads.
Encyclopedia Britannica Online provides a definition of cost-benefit-analysis.
Learn what is cost benefit analysis.
In this lesson,students will identify different expenses in the US budget and will decide on the order of importance for different expenses.
This site uses the story of "Three Little Pigs" to teach cost-benefit analysis. Here are also one assessment test and some class activities regarding this topic.
Here is a series of class activity for teaching cost-benefit analysis. Students will investigate the total cost of ownership. They will continue to find out the costs of owning a dog or a cat.
Learn concept such as cost-benefit analysis, opportunity cost, and decision making. Learn to use a tool to improve the decision making that will help students reach a better outcome.
Decisions have costs. This site employs "Little Star's Story" to teach the concept of cost- benefit analysis.
Here is a case study for cost-benefit analysis. Students will learn to use cost-benefit analysis to determine whether a town should allow a large chain store to open within its borders. Students will learn how to create a chart that summarizes the possible costs and benefits in economic, social, and environmental terms.
Here are lots of resources on how to use the PACE Decision-Making Model for more effective problem solving. Students will compare the costs of a decision with the benefits of that decision.
Learn about various economic concepts, including supply and demand, opportunity costs, natural, human, and capital resources. Includes many class activities, several online quizzes, and interactive games. There is a link to an eThemes Resource on taxes and economics.
Learn about economics. Find out about exchange, barter, interdependence, profit, and supply and demand. Learn economics terms and play games to practice new skills and concepts. Learn why economics is important for students and the world. Includes activities, online games, and quizzes. There are links to eThemes Resources: Economics: Basic Concepts of Economics, Economics: Budgets, Economics: Cost Benefit Analysis, Economics: Owning and Ice Cream Shop, Economics: OPEC, Economics: Personal Finance and Budgeting, Economics: Purchasing a Home, Economics: Taxes, and Missouri Exports and Imports.
Learn about various economic concepts, including supply and demand, opportunity costs, natural, human, and capital resources. Includes many class activities, several online quizzes, and interactive games. There is a link to an eThemes Resource on taxes and economics.

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