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Cost of a Decision

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Budding economists will enjoy the challenge of this issue that requires reasoning skills to make the best shopping choices. Open-ended responses to spending decisions allows for thoughtful justification and understanding why sometimes the popular item is not always the best—or most economical—decision Understanding the relationship between size, volume and cost introduces the notion of “economy of scale.” While making these decisions and solving puzzles, students will practice key counting skills, critical thinking and calculating with percents. It’s never too early to begin training the next generation of consumers about responsible spending and saving habits. Why not start today?

In this issue young consumers will:

  • Read expository text about spending decisions
  • Calculate savings and spending options
  • Add coins of different values
  • Compare shopping choices
  • Practice with percents
  • Use the newspaper to calculate numbers in the news
  • Hunt for bargains
  • Compare grocery store ads for the best deal
  • Think about and list great gift ideas—that are free!

7 page PDF