We invite instructors to submit their own context-rich problems to the Starting Point site.
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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.
Price discrimination context-rich problem part of Examples
Students prepare an essay to explain pricing strategies for two different companies.