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.

Perfect Competition: A Context Rich Problem part of 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 Examples
This context-rich problem helps students to apply the characteristics of imperfect competition to a real world setting.


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