Price Ceilings and Venezuela part of Teaching Methods:Team-Based Learning:Activities
Elisa Queenan, Porterville College
This activity will examine a modern instance of price ceilings and the unintended consequences for the local economy. This activity details how the well-intended goal of a government can lead to disincentivizing ...

Price Elasticity of Demand part of Teaching Methods:Team-Based Learning:Activities
Doug McKee, Cornell University-Endowed Colleges
Teams are given a list of goods and asked to identify what they think are the most elastic and least elastic.

Analyze changes in equilibrium price and quantity part of Teaching Methods:Team-Based Learning:Activities
brian lynch, Lake Land College
Students evaluate the impact of changes in supply and demand on the equilibrium price and quantity.

Price Controls part of Teaching Methods:Team-Based Learning:Activities
Siny Joseph, Kansas State University
Students will answer questions related to a Planet Money podcast "Big Government Cheese" and reinforce their understanding of implications of price controls and market outcomes.

Hi Sharks - Identifying Implicit Costs and Economic Profit on Shark Tank part of Teaching Methods:Team-Based Learning:Activities
Ezra Pugh, Glendale Community College
Students are asked to evaluate the Sharks' opinion of a business on Shark Tank. An entrepreneur thinks they are profitable, but they are not taking implicit costs into account. Should that be a deal breaker?

Focusing on the useful of the U3 unemployment measure part of Teaching Methods:Team-Based Learning:Activities
brian lynch, Lake Land College
In-depth group discussion is vital for this critical and higher-level activity on the usefulness of the U3 statistic.

US China Trade War - An Application of the AD/AS Model part of Teaching Methods:Team-Based Learning:Activities
Ann Werboff, Northern Arizona University
In this activity, students will analyze some of the events in the US China Trade War in 2018 using the AD/AS model and discuss the implications of tariffs.

Keeping Each Other in Check – Oligopolists' Strategic Interaction part of Teaching Methods:Team-Based Learning:Activities
George Orlov, Cornell University-Endowed Colleges
Students will examine the behavior of two large oligopolists, deciding on which factors serve as the biggest deterrents to the firms' collusion. The main factor preventing collusion is the temptation to ...

Identifying Market Structure in the Fast Food Industry part of Teaching Methods:Team-Based Learning:Activities
Ezra Pugh, Glendale Community College
Students use data to determine whether the fast food industry more closely resembles a monopoly, monopolistic competition, or oligopoly, then decide whether regulation is warranted.

Why the AD Curve Slopes Downward part of Teaching Methods:Team-Based Learning:Activities
Ann Werboff, Northern Arizona University
Students will create a sequence of events for the three effects that determine the inverse relationship between price level and GDP that determine the shape of the Aggregate Demand (AD) curve. They will also be ...