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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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Documented Problem Solving: Calculating Bank Reserves
Linda Wilson, University of Texas at Arlington
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
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

Documented Problem Solving: Price Elasticity of Demand
Linda Wilson, University of Texas at Arlington
The concept of price elasticity of demand was introduced in class. Elastic and inelastic goods were discussed. The impact that a change in price will have on total revenue was also presented.

Subject: Economics: Economics


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