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Can you get reelected as a Fed Chairperson: A group activity part of Starting Point: Teaching and Learning Economics:Starting Point: Economics in Two-Year Colleges:Activities
This activity uses the Fed Chairman Game as a small group activity of 4-5 students within a larger class setting. Students in groups will play the game and report their results to the entire class.
Using Cooperative Peer Editing to Develop Effective Economic Research Questions part of Examples
Students engage in peer editing and cooperative discussion to enhance research questions based on criteria designed to generate effective economic research questions.
Think-Pair-Share: Analyzing changes in supply & demand and predicting impacts on equilibrium part of Examples
An exercise designed to facilitate understanding of supply and demand shifts as well as impacts on market outcomes with follow up exercises covering these and related concepts.
Using Note-Taking Pairs to Enhance Understanding of Difficult Concepts (such as Income and Substitution Effects) part of Examples
A variation of the think-pair-share technique is used to reinforce understanding of the income and substitution effects associated with a price change.
A Send-a-Problem Exercise for Applying Labor Force Participation Models to Popular Press Articles part of Examples
Send-a-problem exercise used to link economic theory covered in a labor economics course with related trends exemplified in a popular press article.
Impact of federal deficits part of Examples
Based on a fable about government debt, students identify the relevance of crowding out, monetizing a debt, external debt, and stimulus spending.
Counting GDP part of Examples
Working in small groups, students determine how 18 items are included in GDP (or if they are excluded.) Cards turned over one at a time encourage participation by all group members.
Economies of scale part of Examples
Working in groups of three, students analyze economies of scale. Each student constructs an individual short-run ATC curve, then the three students collaborate to determine if there are economies or diseconomies of scale and to create the long run ATC.
Exploring and Explaining Determinants of Supply and Demand: Utilizing the Think-Pair-Share Technique part of Examples
This is a two-part activity that implements an extension of the "think-pair-share" cooperative learning technique to study the determinants of supply and demand through hypothetical and real world examples.