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Grade 3-5, 6-8
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Lesson

Costs and Benefits of Beans’ Decisions

Time: 45 mins,
Updated: March 6 2020,
Author: Rebecca Booth
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Objective

Students will be able to:

  • Identify the economic concepts: Cost, Benefit, and Decision Making.
  • Distinguish if a statement is a cost or benefit when making a decision using a cost/benefit analysis.
  • Use a cost/benefit analysis to make a decision.
  • Explain their decision that was made when using a cost/benefit analysis.
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Subjects:
Economics