San Diego State University
Interactive lecture on diminishing marginal product: tennis ball production part of Starting Point: Teaching and Learning Economics:Teaching Methods:Interactive Lectures:Examples
In this interactive lecture, the engagement trigger is a demonstration in which students "produce" tennis balls with fixed capital and increasing labor, thus generating a production function. Students calculate the marginal product of each worker and discover that marginal product falls as the number of workers rises.
Externalities in the cashmere market: Colbert Report interview part of Starting Point: Teaching and Learning Economics:Teaching Methods:Interactive Lectures:Examples
In this interactive lecture, students watch a video clip from The Colbert Report of an interview with Evan Osnos. Osnos describes the pollution externalities (dust) created by cashmere goats in China. Students then graph the market for cashmere, showing the externality, using the think/write-pair-share technique. Students will differentiate between the private and social costs in the market for cashmere, generate a graph that shows the private equilibrium in the market and the socially efficient equilibrium, and brainstorm ways to move the market to the socially efficient equilibrium (providing material for additional discussion of externality solutions).
Interactive Lectures part of Starting Point-Teaching Entry Level Geoscience:Interactive Lectures
Created by Heather Macdonald College of William and Mary and Rebecca Teed, SERC and updated by Gail Hoyt, University of Kentucky, Jennifer Imazeki, San Diego State University, Barbara Millis University of Texas, ...
Jennifer Imazeki part of Starting Point: Teaching and Learning Economics:About this Project:Project Participants
Associate Professor Department of Economics San Diego State University 5500 Campanile Drive, MC 4485 San Diego, CA 92182-4485 firstname.lastname@example.org Phone:619-594-5012 Background Information Jennifer Imazeki is an ...