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

Examples

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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.

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.

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.


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