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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.
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.
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.
An Extended Think-Pair-Share Application: Trends in the U.S. Wage Structure part of Examples
This activity uses a think-pair-share approach to helping students connect observations about disparate changes in the market for skilled/unskilled labor to long-run trends in wage inequality.