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Shape of the demand curve part of Teaching Methods:Interactive Lecture Demonstrations:Examples
A classroom auction reveals reservation prices and a demand curve for an introductory economics course.

The unemployment rate for the class part of Teaching Methods:Interactive Lecture Demonstrations:Examples
After predicting what the unemployment rate will be for students in the class, a confidential survey modeled on the Current Population Survey questions is used to gather data about each student's employment. Students use this data to measure the class unemployment rate and then assess its accuracy.

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.

Monopoly gas station part of Teaching Methods:Interactive Lecture Demonstrations:Examples
Students predict then calculate and graph profit-maximizing the price for an isolated, desert monopoly gas station.

Price elasticity of demand survey part of Teaching Methods:Interactive Lecture Demonstrations:Examples
Students survey class members to estimate the price elasticity of demand for a number of goods and services.

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.

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.

Think-Pair-Share Activity for Understanding Price Controls part of Teaching Methods:Cooperative Learning:Examples
An exercise designed to facilitate understanding of the impacts of price controls on market outcomes, with a follow up exercise covering these and related concepts.

Using cooperative peer editing to improve writing assignments in economics part of Teaching Methods:Cooperative Learning:Examples
This peer review of writing tool helps students improve their writing by asking their peers in the class to provide feedback in a constructive manner.

Think-pair-share: Functions of money part of Teaching Methods:Cooperative Learning:Examples
This cooperative learning activity helps students gain a deeper understanding of the three functions of money and provides practice applying those ideas to real-life items.