# Examples

The following examples are derived from actual documented problem solving activities that have been tested and used with students. These examples should be informative to those who would like to begin using this technique.

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# Subject: Economics

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Results 1 - 10 of 13 matches

Documented Problem Solving: Identifying a Change in Demand and Its Impact
Linda Wilson, University of Texas at Arlington, The
Students in an economics course are asked to write a doumented problem solution to explain how a change in a determinant of demand will impact the equilibrium price.

Subject: Economics: Economics

Linda Wilson, University of Texas at Arlington, The
The concept of comparative advantage is used to make a decision about specialization and trade. The microeconomic impact is also included.

Subject: Economics: Economics

Documented Problem Solving: Adjustment of Output and Inflation to a Demand Shock
Todd Easton, University of Portland
In this macroeconomics problem, students check to see whether they understand the role nominal aggregate demand and inflation expectations play in determining the economy's output level and inflation rate.

Subject: Economics: Economics

Documented Problem Solving: Calculating Equilibrium Output
Amber Casolari, Riverside Community College
This document is a Docoumented Problem Solving exercise that utilizes the Keynesian model of the macroeconomy.

Subject: Economics: Economics

Documented Problem Solving: Foreign Exchange Rates - Supply and Demand
Todd Easton, University of Portland
In this assignment, students think about four events that would affect a country's exchange rate. Without actually drawing a supply and demand diagram, students say what direction, if at all, each curve would shift–and whether the currency would appreciate or depreciate as a result.

Subject: Economics: Economics

Documented Problem Solving: Gross Domestic Product Versus Gross National Product
Linda Wilson, University of Texas at Arlington, The
The topic of gross domestic product (GDP) was introduced in class. The components of GDP - consumption, investment, government spending, and net exports - were discussed. The items that are excluded from GDP and ...

Subject: Economics: Economics

Documented Problem Solving: Calculating Gross Domestic Product
Linda Wilson, University of Texas at Arlington, The
Gross domestic product (GDP) was introduced in class as a way to determine the value of a country's output. Consumption, investment, government spending, and net exports were discussed as the components of ...

Subject: Economics: Economics

Documented Problem Solving: The Impact of a Minimum Wage
Linda Wilson, University of Texas at Arlington, The
During the lecture, labor demand and labor supply were discussed and were used to determine the equilibrium wage rate. Then, the concept of a minimum wage rate was introduced and the impact of the wage rate on the ...

Subject: Economics: Economics

Documented Problem Solving: Calculating Bank Reserves
Linda Wilson, University of Texas at Arlington, The
The lecture focused on the banking system and included a discussion about total reserves, required reserves and excess reserves. Students practiced calculating each category in pairs and then compared their ...

Subject: Economics: Economics

Documented Problem Solving: The Long Run Competitive Market
Linda Wilson, University of Texas at Arlington, The
During the lecture, the competitive market was introduced. A graph was used to demonstrate a competitive market in which there was an economic profit. The profit motive causes an increase in supply. As additional ...

Subject: Economics: Economics

• The Impact of a Minimum Wage - A minimum wage is examined in terms of its impact on the quantity of labor supplied and the quantity of labor demanded.