EconEdLink Council for Economic Education EconEdLink

Online Lesson

Student's Version

Country Mouse Makes a Decision!

Introduction:

mouse

You make decisions every day! It helps to know the COSTS and BENEFITS of a decision before you decide to do something. The story in this lesson is going to tell us about a mouse who lived in the country but went to the city to visit. He had to decide if he wanted to stay in the town or go home to the country.

Task:

In this lesson you will learn how to identify the cost and benefits involved in making decisions.

  • A cost is what you give up when you decide to do something.
  • A benefit is something that satisfies your wants.

Process:

Country Mouse is going to find a lot about the town that he likes. Those things are going to be the BENEFITS to living in a town.

city
In the story the Country Mouse is going to find some things about the town that he does NOT like. Those things are going to be the COSTS to living in a town. country
In the story Country Mouse thinks about what he likes (the BENEFITS), and then he thinks about what he does not like (the COSTS), and then he makes a decision to stay or go home.
http://216.36.206.143/Country_Mouse/storybook/storybook.htm Click on the mouse and see what decision he makes after he thinks about his COSTS and BENEFITS.
Country Mouse decided to go home to the Country because he did not like the big COSTS of living in the town! You can make a chart that shows his COSTS and BENEFITS, using this drag and drop activity.

Conclusion:

mouseWhen we have to make a decision it is important to think about our COSTS and BENEFITS. We can make a chart that will help us think about our COSTS and BENEFITS.


Assessment Activity:

Read the story below.

girl One winter day Olivia's mom tells Olivia that she can go outside after lunch and play. The sun is up and the snow is pretty. Olivia ate her lunch fast! She put on her boots, coat, gloves and hat. She went outside. At first it was so fun. Then the wind began to blow. Olivia got very cold! Her eyes hurt. Her face burned. Her nose was red. Olivia wanted to be outside, but she was very cold! What should she do?
Make a chart showing the COSTS and BENEFITS of Olivia's decision. After you make a chart you can see what Olivia should do.