About This Lesson
This lesson introduces students to the concept that economics is about choice, and cost-benefit analysis is the most rational way to approach that choice. Then students fill in a cost-benefit analysis chart about 5 decisions they made last summer (can be modified to be last week, yesterday, whatever), the costs, benefits, and whether or not it was the best decision they could have made.
Misspellings and missing pieces in the lesson. No real guide for the teacher in terms of what things to be looking for in student answers. An example of what the student assignment should look like would be great too.