Our Cost and Benefits lesson plan teaches students about cost-benefit and how to perform a cost-benefit analysis. During this lesson, students are asked to work collaboratively with a partner to read specific scenarios, list the costs and benefits of each and indicate what their choice would be in each situation. Students are also asked to identify whether specific aspects of a situation would be a cost or a benefit, demonstrating their understanding of the lesson material.
At the end of the lesson, students will be able to identify and analyze the costs/benefits of the alternatives of a decision and suggest a choice based on cost-benefit analysis.
Common Core State Standards: CCSS.ELA-Literacy.RI.4.3, CCSS.ELA-Literacy.RI.4.4, CCSS.ELA-Literacy.SL.4.1.C, CCSS.ELA-Literacy.RI.5.3, CCSS.ELA-Literacy.RI.5.4, CCSS.ELA-Literacy.SL.5.1.C, CCSS.ELA-Literacy.RI.6.3, CCSS.ELA-Literacy.RI.6.4, CCSS.ELA-Literacy.SL.6.1.C