Starting Point: Teaching and Learning Economics > Teaching Methods > Context-Rich Problems > Examples

Examples

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Airline Revenues: Supply and Demand (Context Rich Problem) part of Examples
An exercise that has students translate an economic event described in the newspaper into representation in a supply and demand diagram

Increase in Minimum Wage: Perplexing Result? (Context Rich Problem) part of Examples
An exercise that has students translate an economic event described in the newspaper into representation in a supply and demand diagram

Sandwiches and Elasticity Context-Rich Problem part of Examples
Students are asked to apply what they learned in class to a real life scenario question.

Long-Run Economic Growth: Context Rich Problem part of Examples
Students are asked to apply what they learned in class to a real life scenario question.

Tutoring Service and Price Discrimination Context-Rich Problem part of Examples
Students are asked to apply what they learned in class to a real life scenario question.

Explicit and Implicit Costs of Education: Context Rich Problem part of Examples
Students are faced with advising a roommate about the costs and benefits of continuing with their education. Specifically, students are asked to apply the concepts of explicit and implicit costs to a real world scenario.

Tax burden context-rich problem part of Examples
Students are asked to write a letter to the editor of their newspaper to explain their point of view as a seller in a market that is about to experience an increased sales tax rate.

Price discrimination context-rich problem part of Examples
Students prepare an essay to explain pricing strategies for two different companies.

Binomial Probability Context Rich Problem part of Examples
Context rich problem in which students apply the binomial distribution to determine if an outcome is likely random.

Elasticity and Total Revenue: Context Rich Problem part of Examples
Context rich problem allowing students to apply elasticy of demand concepts.

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