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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.

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.

Understanding money: Where is most of my money? part of Teaching Methods:Interactive Lecture Demonstrations:Examples
This activity uses an Interactive Lecture Demonstration to help students understand the definition of money in a modern economy. Starting with the common misconception that money is coins and currency, the ...

Which U.S. President generated the highest budget deficits? part of Teaching Methods:Interactive Lecture Demonstrations:Examples
Students compare budget deficits and surpluses generated between 1969 and 2008 measured in nominal terms and then as a percentage of GDP.

What is the opportunity cost of attending class? part of Teaching Methods:Interactive Lecture Demonstrations:Examples
Students calculate the opportunity cost of attending one class. The exercise reinforces learning about implicit, explicit and total opportunity costs.

What's the best payment? part of Teaching Methods:Interactive Lecture Demonstrations:Examples
After predicting which of two earnings streams has the highest currrent value, students use a discounted values table to compare the two earnings streams, discovering that earlier earnings has higher value and that ...

Cooperative Learning Exercises to Teach the Gains from Trade part of Teaching Methods:Cooperative Learning:Examples
This is a cooperative learning exerise that allows students to learn about comparative advantage and the gains from trade.

Being Aware of Health Care: Using Cooperative Learning to Synthesize and Communicate U.S. Health Care Reform Issues part of Teaching Methods:Cooperative Learning:Examples
This is a three-part project spanning five weeks that uniquely interweaves individual and cooperative learning in the context of health care reform and the 2008 United States presidential campaign.