Sue Stockly

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College of Business
Eastern New Mexico University-Main Campus

Materials Contributed through SERC-hosted Projects

Activities (4)

Using State-Level Data to Study Nominal and Real GDP, Part 1GDP Deflators and Inflation Rates part of Starting Point: Teaching and Learning Economics:Teaching Methods:Quantitative Writing:Examples
In this activity, students collect state-level data on nominal and real GDP. The data are then used to calculate GDP deflators and inflation rates over time. This is one of several activities in which students use publicly available internet sources from the St. Louis Federal Reserve Bank's, Federal Reserve Economic Data (FRED) to collect and analyze macroeconomic data at the state level.

Which U.S. President generated the highest budget deficits? part of Starting Point: Teaching and Learning Economics:Teaching Methods:Interactive Lecture Demonstrations:Examples
Students use data from the U.S. Congressional Budget Office (CBO) to rank the magnitudes of nominal budget deficits or surpluses generated between 1969 and 2008 and to identify the corresponding Presidential Administrations. The ranking is recalculated using budget deficits and surpluses measured as a percentage of GDP.

What is the opportunity cost of attending class? part of Starting Point: Teaching and Learning Economics:Teaching Methods:Interactive Lecture Demonstrations:Examples
Students calculate the opportunity cost for an activity that is very relevant to their livesattending class. Explicit costs of attending school for one semester are identified and then reduced to a per class amount. Identification of the implicit cost entails listing several alternatives and estimating a per class amount for the alternative with the highest value. The opportunity cost of attending one class is the sum of the explicit and implicit costs. Not only do students benefit from a practical application of an important economic concept, they also become more aware of the importance of attending class!

Interactive Lecture Demonstrations part of Starting Point-Teaching Entry Level Geoscience:Interactive Lecture Demonstrations
Created by Dorothy Merritts, Robert Walter (Franklin & Marshall College), Bob MacKay (Clark College). Enhanced by Mark Maier with assistance from Rochelle Ruffer, Sue Stockly and Ronald Thornton Interactive ...

Teaching Method Module

Interactive Lecture Demonstrations part of Starting Point-Teaching Entry Level Geoscience:Interactive Lecture Demonstrations
Created by Dorothy Merritts, Robert Walter (Franklin & Marshall College), Bob MacKay (Clark College). Enhanced by Mark Maier with assistance from Rochelle Ruffer, Sue Stockly and Ronald Thornton Interactive ...

Other Contributions (2)

Using State-Level Data to Study Unemployment Rates part of Pedagogy in Action:Library:Using Federal Reserve Economic Data :Examples
In this activity, students obtain state-level data on monthly unemployment rates. The data can be matched to official NBER starting and ending months of recessions in order to illustrate the connection between the business cycle and unemployment rates. Students may also compare state-level unemployment rates to U.S. national-level unemployment rates. This is one of several activities in which students use the St. Louis Federal Reserve Bank's Federal Reserve Economic Data (FRED) to collect and analyze macroeconomic data at the state level.

Sue Stockly part of Starting Point: Teaching and Learning Economics:About this Project:Project Participants
Associate Professor of Economics College of Business, Station 49 Eastern New Mexico University sue.stockly@enmu.edu Phone:575-562-2364 Background Information Sue Stockly is originally from New Mexico where she ...


Events and Communities

Developing Modules for Teaching Economics Participants