Music Connection:
Use this song to reinforce the concepts of Consumers and Opportunity Cost.

 

Benefits and Costs
(Tune: The Muffin Man)

Do you know the benefits?
The benefits,
The benefits,
Do you know the benefits?
When choosing what to buy.

Yes, I know the benefits.
The benefits,
The benefits,
Yes, I know the benefits.
When choosing what to buy.

Do you know the cost of it?
The cost of it,
The cost of it,
Do you know the cost of it?
When choosing what to buy.

Yes, I know the cost of it.
The cost of it,
The cost of it,
Yes, I know the cost of it.
When choosing what to buy.

 

(By Martha Hopkins & Donna Wright) Used with permission. From Financial Fitness for Life: Pocket Power, K-2
Copyright© 2001, National Council on Economic Education, New York, NY. All rights reserved.

 

(From KidsEcon Posters©: www.kidseconposters.com)