Results 41 - 50 of 170 matches
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.
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.
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 ...
Replicating Results of Famous Empirical Papers part of Teaching Methods:Undergraduate Research:Examples
Using economic theory to predict outcomes: Applying stylized facts from the literature to the Solow Model part of Teaching Methods:Undergraduate Research:Examples
Students often do not understand how to derive a theoretical model and how to manipulate it to get predictions. The emphasis of this pedagocial example is to show students how they can manipulate the Solow model to predict outcomes. Student develop a set of "stylized facts" from a literature search. They then used those stylized facts to manipulate the model to answer a complex real-world question whose answer is ambigous.
Perfect Competition: A Context Rich Problem part of Teaching Methods:Context-Rich Problems:Examples
Students find the profit-maximizing level of output for a perfectly competitive firm and check the shut-down condition for two different prices.
Imperfect Competition: Context-Rich Problem part of Teaching Methods:Context-Rich Problems:Examples
This context-rich problem helps students to apply the characteristics of imperfect competition to a real world setting.
Game Theory Context-Rich Problem part of Teaching Methods:Context-Rich Problems:Examples
This consists of a short essay to be written by students after watching the West Wing episode "Hartsfield's Landing." In it, students are asked to help a friend to understand the content of the show using the basic components of non-cooperative game theory and the prisoner's dilemma.
Marginal Analysis Context-Rich Problem part of Teaching Methods:Context-Rich Problems:Examples
In this problem, students consider the benefits of reduced tray usage in school cafeterias by comparing the cost savings of having to clean fewer trays against the opportunity cost of increased labor and energy costs to clean the cafeteria after meals.