Examples of Teaching with Demonstrations
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Total Revenue and Price Elasticity of Demand: ILD part of Examples
This ILD helps students to understand the relationship between total revenue and price elasticity of demand.
The US economy during your lifetime part of Examples
Students predict the best graphical representation of US real GDP/capita during the last twenty years, choosing from graphs showing: cyclical decline, cyclical change with no net change, cyclical increase, or erratic wide fluctuations. Using actual US data, students graph real GDP/capita to find out the actual pattern: a rising series with periodic dips, not a flat series, a falling series, or a highly erratic series as students often predict. Students then reflect on why this pattern is often misunderstood and why it may not fully describe the well-being of the US population.