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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.

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.

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.

The US economy during your lifetime part of Teaching Methods:Interactive Lecture Demonstrations:Examples
Students predict the best graphical representation of US real GDP/capita during the last twenty years, choosing from graphs showing: cyclical decline, cyclical change with no net change, cyclical increase, or erratic wide fluctuations. Using actual US data, students graph real GDP/capita to find out the actual pattern: a rising series with periodic dips, not a flat series, a falling series, or a highly erratic series as students often predict. Students then reflect on why this pattern is often misunderstood and why it may not fully describe the well-being of the US population.

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 ...

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 ...

Where Do I Begin? Using Think-Pair-Share to Initiate the Problem Solving Process part of Teaching Methods:Cooperative Learning:Examples
This exercise uses the Think-Pair-Share technique to initiate the problem-solving process. It focuses on a common first step in economic problem solving: identifying relevant and irrelevant information.

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.