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We Buy Anything: an in-class activity demonstrating the Fed's response to the financial crisis of 2008 part of Starting Point: Teaching and Learning Economics:Starting Point: Economics in Two-Year Colleges:Activities
This role-playing activity engages students and underscores how quickly and dramatically the Federal Reserve System responded to the financial crisis of 2008.

Subject: Economics:Macro policy, Economics

Understanding the Term Auction Facility: an in-class activity part of Starting Point: Teaching and Learning Economics:Starting Point: Economics in Two-Year Colleges:Activities
This activity introduces students to the Federal Reserve's Term Auction Facility in order to understand how and why the Fed undertook alternative policies of monetary control in response to the Financial Crisis of 2007 2008.

Subject: Economics:Macro policy, Economics

The US economy during your lifetime part of Pedagogy in Action:Library:Interactive Lecture Demonstrations: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.

Subject: Economics:Macro

What's the best payment? part of Pedagogy in Action:Library:Interactive Lecture Demonstrations:Examples
After predicting which of two earnings streams has the highest currrent value, students use a discounted values table to compare the two earnings streams, discovering that earlier earnings has higher value and that ...

Subject: Economics:Micro

Understanding money: Where is most of my money? part of Pedagogy in Action:Library:Interactive Lecture Demonstrations:Examples
This activity uses an Interactive Lecture Demonstration to help students understand the definition of money in a modern economy. Starting with the common misconception that money is coins and currency, the ...

Subject: Economics:Macro

Which U.S. President generated the highest budget deficits? part of Pedagogy in Action:Library:Interactive Lecture Demonstrations:Examples
Students compare budget deficits and surpluses generated between 1969 and 2008 measured in nominal terms and then as a percentage of GDP.

Subject: Economics:Macro policy

The unemployment rate for the class part of Pedagogy in Action:Library:Interactive Lecture Demonstrations:Examples
After predicting what the unemployment rate will be for students in the class, a confidential survey modeled on the Current Population Survey questions is used to gather data about each student's employment. Students use this data to measure the class unemployment rate and then assess its accuracy.

Subject: Economics:Macro

Monopoly gas station part of Pedagogy in Action:Library:Interactive Lecture Demonstrations:Examples
Students predict then calculate and graph profit-maximizing the price for an isolated, desert monopoly gas station.

Subject: Economics:Markets

Shape of the demand curve part of Pedagogy in Action:Library:Interactive Lecture Demonstrations:Examples
A classroom auction reveals reservation prices and a demand curve for an introductory economics course.

Subject: Economics:Markets

Total Revenue and Price Elasticity of Demand: ILD part of Pedagogy in Action:Library:Interactive Lecture Demonstrations:Examples
This ILD helps students to understand the relationship between total revenue and price elasticity of demand.

Subject: Economics

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