Examples

The following examples were designed explicitly for economics courses. However, much can be learned about how to develop interactive lecture demonstrations examples by reviewing exercises developed for other disciplines. For examples in other disciplines

1. Understanding money: Where is most of my money?
Core concept: Definition of money
Level: Introductory course
Type of demonstration: In-class survey
Time needed: 15 - 30 minutes

2. The US economy during your lifetime
Core concept: GDP growth rate
Level: Introductory course
Type of demonstration: Data analysis
Time needed: 15 - 30 minutes

3. Which U.S. President generated the highest budget deficits?
Core concept: Federal deficit
Level: Introductory course
Type of demonstration: Data analysis
Time needed: 30 - 60 minutes

4. What's the best payment?
Core concept: Present discounted value
Level: Introductory course
Type of demonstration: Data analysis

Time needed: 30 - 60 minutes

5. What is the opportunity cost of attending class?

Core concept: Opportunity cost

Level:Introductory course

Type of demonstration: Data analysis

Time needed: 30 minutes

6. Diminishing Marginal Returns

7. Elasticity and Total Revenue