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Grade 9-12
Upcoming Webinar

The Value of Human Life: What Does Economics Have to Do With It?

Updated: September 11 2020


Teachers will be able to:

– Show how individuals, firms and governments use implicit valuations.

– Show how to evaluate government decisions using the concept of a statistical life.

In this economics webinar, discuss how policymakers and private interests make decisions based on outcomes of live and death.


How much is life actually worth? Economists have used a variety of methods to arrive at an answer.

This webinar introduces participants to how the value of a human life is used to evaluate policies in a wide variety of areas— from car safety features to dealing with the COVID-19 pandemic.