Results 1 - 10 of 172 matches
Financial Value of Customer Satisfaction: Using a Lifetime Value Calculator part of Teaching Methods:Interactive Lectures:Examples
This online lifetime value calculator quickly demonstrates the financial value of a satisfied customer.
Externalities in the cashmere market: Colbert Report interview part of Teaching Methods:Interactive Lectures:Examples
In this interactive lecture, students watch a video clip from The Colbert Report that addresses pollution externalities. Students graph the market and use the write-pair-share technique, then brainstorm ways to move the market to the socially efficient equilibrium.
Pro-Con-Caveat Grid part of Teaching Methods:Interactive Lectures:Examples
The pro-con-caveat activity is a quick and easy way to engage students through a more interactive lecture experience.
The Economics of Drug Legalization: A Double Entry Journal part of Teaching Methods:Interactive Lectures:Examples
The activity is designed to be an interative lecture segment during a larger interactive lecture class period. The technique demonstrated through this example is a double entry journal.
The Price Mechanism, Subjective Value and The Antiques Road Show part of Teaching Methods:Interactive Lectures:Examples
An interactive lecture segment utilizing videos from the Antiques Roadshow, designed to create an interactive experience for students and the instructor. After watching an expert appraisal of a rare/unique object students respond to discussion questions. Instructors lead the discussion toward issues of subjective value, willingness to pay, and the price mechanism.
Interactive lecture on diminishing marginal product: tennis ball production part of Teaching Methods:Interactive Lectures:Examples
In this interactive lecture, students "produce" tennis balls with fixed capital and increasing labor, generating a production function. Students calculate the marginal product of each work and discover that marginal product falls as the number of workers rises.
JiTT - Fighting Recession: 2009 part of Teaching Methods:Just in Time Teaching:Examples
This is a JiTT exercise in which students apply introductory-level macroeconomic analysis to the question of how large the stimulus package put forward to Congress in early 2009 needed to be to close the ...
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 ...
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.