# Examples

We invite instructors to submit their own context-rich problems to the Starting Point site.

# Subject: Economics

Results 11 - 20 of **25 matches**

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.

Comparative statics: impact of corn price increase (Context Rich Problem) part of Examples

Students use comparative statics to determine the effects of corn price increases on related markets.

Choosing output quantity under perfect competition (Context Rich Problem) part of Examples

The problem presents students with information about price, average costs and marginal costs for a vegetable farm. To answer the questions, students must apply the P=MC decision rule for perfect competition.

Calculating real home prices using the CPI (Context Rich Problem) part of Examples

Students calculate real home values using nominal values and the Consumer Price Index.

Marginal Analysis Context-Rich Problem part of 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.

Changes in Demand: Context Rich Problem part of Examples

Context Rich Problem on demand shifters and the implications of such a shift.

Excise Tax Incidence: Context Rich Problem part of Examples

Context Rich Problem using the concepts of excise tax incidence, elasticity of demand, and elasticity of supply. Students must determine which information is appropriate and which is extraneous to the problem.

Price Ceiling: Context Rich Problem part of Examples

context rich problem on price ceilings

Wal-Mart Context Rich Problems part of Examples

In this example, students are asked to research the effects of Wal-Mart on small town economies, relate those effects to their own town, and draw a conclusion based on those effects.