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Decision Making/Cost-Benefit Analysis Clear

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The Economics of Homebuying

This lesson provides an overview of the basics of buying a home for the first time. Your students may make...
Key Concepts: Budgeting, Credit, Decision Making/Cost-Benefit Analysis

'Be All You Can Be'...For Minimum Wage?

Perhaps you have seen the catchy TV ads for the various branches of the United States military. You know, the...
Key Concepts: Budgeting, Decision Making/Cost-Benefit Analysis, Division of Labor/Specialization…

Do You Have a Yen to Go to College?

Carlos is a senior at local high school. When he graduates, he plans to study computer animation. He has applied...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Foreign Exchange…

The Story of Jack and the Bank Stalk

Fairy tales have always been used to give lessons about life. The story of Jack and the Bean Stalk is...
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis, Economic Institutions…

An Entreduction

This lesson illustrates the differences between inventions and innovations. It discusses what entrepreneurs are and their role with inventions and...
Key Concepts: Decision Making/Cost-Benefit Analysis, Entrepreneurs, Investing…

Economic Forecasting: An Internet WebQuest

Economics is often called the "science of decision making." The decisions that economists analyze range from personal decisions such as...
Key Concepts: Decision Making/Cost-Benefit Analysis, Employment and Unemployment, Fiscal Policy

Paraffin-alia

All resources are limited. It is this simple fact--scarcity--that forces us to make decisions. When we do make a choice,...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Goods and Services…

Population Growth: Friend or Foe?

The environment has recently been the focus of much research and discussion. Because productive resources are limited, it is important...
Key Concepts: Balance of Trade and Balance of Payments, Decision Making/Cost-Benefit Analysis