# Cost Benefit Analysis Goal 2 Intervention.  What is it? Problem Solving Tool – can be used across the curriculum  Jules Dupuit, a French engineer,

## Presentation on theme: "Cost Benefit Analysis Goal 2 Intervention.  What is it? Problem Solving Tool – can be used across the curriculum  Jules Dupuit, a French engineer,"— Presentation transcript:

Cost Benefit Analysis Goal 2 Intervention

 What is it? Problem Solving Tool – can be used across the curriculum  Jules Dupuit, a French engineer, first introduced the concept of Cost-Benefit Analysis in the 1930s. It became popular in the 1950s as a simple way of weighing up project costs and benefits, to determine whether to go ahead with a project.  As its name suggests, Cost-Benefit Analysis involves adding up the benefits of a course of action, and then comparing these with the costs associated with it. Goal 2 Intervention: Cost Benefit Analysis

Cost/Benefit Analysis or PACED Problem Solving Model Problem: How do I get to the party? AlternativesCriteria 1Criteria 2Criteria 3Total

Cost/Benefit Analysis or PACED Problem Solving Model Problem: How do I get to the party?? AlternativesCriteria 1Criteria 2Criteria 3Total Tammy LaBelle Diana Quinn Ron Nicolay

Cost/Benefit Analysis or PACED Problem Solving Model Problem: How do I get to the party?? AlternativesCriteria 1 Punctuality Criteria 2 Safety Criteria 3 Entertain- ment Value Total Tammy Labelle 5 Diana Quinn1 Ron Nicolay5

Cost/Benefit Analysis or PACED Problem Solving Model Problem: How do I get to the party?? AlternativesCriteria 1 Punctuality Criteria 2 Safety Criteria 3 Entertain- ment Value Total Tammy Labelle 5 5 Diana Quinn11 Ron Nicolay55

Cost/Benefit Analysis or PACED Problem Solving Model Problem: How do I get to the party?? AlternativesCriteria 1 Punctuality Criteria 2 Safety Criteria 3 Entertain- ment Value Total Tammy Labelle 5 55 Diana Quinn115 Ron Nicolay551

Cost/Benefit Analysis or PACED Problem Solving Model Problem: How do I get to the party?? AlternativesCriteria 1 Punctuality Criteria 2 Safety Criteria 3 Entertain- ment Value Total Tammy Labelle 5 5515 Diana Quinn1157 Ron Nicolay55111

What’s the solution to this problem? Ride with Tammy Labelle

 Introduce vocabulary and build up to total problem solving.  Use same vocabulary as middle and high but connect with pictures for primary. Cost Benefit Analysis for Elementary

 Summary – Three Pigs going off on their own – one smart, one not so smart and one from Minnesota.  Have students help to problem solve for the pigs.  Cost is what you give up if you decide to do something – Benefit is what you gained. Three Little Pigs

CostBenefit Problem Solving

CostBenefit Built a house of straw so he could play sooner. Problem Solving

CostBenefit His house was not strong enough to stop the wolf and he was eaten (and the remains sent back to Minnesota). Built a house of straw so he could play sooner. Problem Solving

CostBenefit Second pig built a wood house where he had a few days of peace and quiet. Problem Solving

CostBenefit House was not strong enough and he was eaten too. Second pig built a wood house where he had a few days of peace and quiet. Problem Solving

CostBenefit Third pig (obviously from North Carolina and a woman) gave up a lot of time to build the house out bricks. She did not get eaten and lived happily ever after. Problem Solving

 Find some online lessons using CBA  http://www.econedlink.org/lessons/index.php?lid=375 &type=student http://www.econedlink.org/lessons/index.php?lid=375 &type=student  Print and laminate wipe-off posters and/or individual size graphic organizers  Answer any questions How can we help you implement?

Download ppt "Cost Benefit Analysis Goal 2 Intervention.  What is it? Problem Solving Tool – can be used across the curriculum  Jules Dupuit, a French engineer,"

Similar presentations