The Economics of Death: Crash Course Economics Video Analysis with Key- This is a 10 page document that contains a video analysis assignment and a completed teachers key for easy marking. It contains 31 questions based on The Crash Course Economics video: The Economics of Death.
This assignment will ask students to go to YouTube and watch the Crash Course video: The Economics of Death. The video will first introduce students to statistics which show global life expectancy has been continually rising. Discrepancies in this increased life expectancy, between Africa and North America, is also discussed. The video then moves on to the economic positives of longer life spans in the US- more years to consume stuff, contributing to economic growth. The video then describes the negative economic aspects of longer life spans, in particular the alarming rise in Alzheimer and dementia and the associated costs of treating these conditions. Ways of cutting costs are reviewed, such as hospice and palliative care instead of intense and expensive procedures to prolong life for a few months. Funeral costs are then reviewed in order to show how costs continue to grow even after death. The high prices of funerals and burial are broken down and explained. The video concludes by noting the importance of having a will, a personal directive for end of life, and life insurance.
This video analysis can be easily used as an introduction to the topic, a study guide, or a quick and easy sub plan. Students love the independence of this assignment by getting to use laptops, Chromebooks, or even their own cellphones to watch the video. Crash Course videos tend to move fast so students often find success if they watch the video through once before going back to pause/play to find the answers to all of the questions.