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Law of Diminishing Marginal Returns part of Teaching Methods:Interactive Lecture Demonstrations:Examples
An ILD to help demonstrate the Law of Diminishing Marginal Returns using an experiment.

Total Revenue and Price Elasticity of Demand: ILD part of Teaching Methods:Interactive Lecture Demonstrations:Examples
This ILD helps students to understand the relationship between total revenue and price elasticity of demand.

Law of Diminishing Marginal Returns part of Teaching Methods:Interactive Lecture Demonstrations:Examples
An ILD to help demonstrate the Law of Diminishing Marginal Returns using an experiment.

Principles of Economics: understanding opportunity cost, comparative advantage, and absolute advantage part of Teaching Methods:Just in Time Teaching:Examples
In principles of economics students many times have trouble understanding the concept of opportunity cost, connecting opportunity cost to comparative advantage, and differentiating between absolute advantage and comparative advantage. This activity allows the instructor to detect whether a large number of students exhibit any of these misconceptions, and then focus on the most problematic concepts in class.

Economic Statistics: Hypothesis Testing part of Teaching Methods:Just in Time Teaching:Examples
This activity helps a student recognize the consequences of Type I and Type II errors in hypothesis testing.

Principles of Economics: understanding opportunity cost, comparative advantage, and absolute advantage part of Teaching Methods:Just in Time Teaching:Examples
In principles of economics students many times have trouble understanding the concept of opportunity cost, connecting opportunity cost to comparative advantage, and differentiating between absolute advantage and comparative advantage. This activity allows the instructor to detect whether a large number of students exhibit any of these misconceptions, and then focus on the most problematic concepts in class.

Monetary Policy and the FOMC part of Teaching Methods:Just in Time Teaching:Examples
Describing and analyzing monetary policy from FOMC press releases.

Introducing money: a just-in-time teaching activity part of Teaching Methods:Just in Time Teaching:Examples
In this just-in-time activity, students submit responses before class to demonstrate their ability to use concepts from a textbook reading on money. In-class follow-up activities are recommended.

JiTT in Introduction to Demand Analysis part of Teaching Methods:Just in Time Teaching:Examples
Activity reinforcing the factors that shift a market demand curve.

Making Rational Decisions in Economics - The Role of Sunk and Marginal Costs part of Teaching Methods:Just in Time Teaching:Examples
This JiTT exercise uses a real-life example to pose a question to students about the nature of "rationality" as typically used in economics. In this case, the focus is on fixed vs. marginal costs and the ...

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