What is the value of the Yasuní National Park? part of Teaching Methods:Team-Based Learning:Activities
M. Jimena González-Ramírez, Manhattan College, jimena.gonzalez@manhattan.edu
This activity is meant for an introductory or advanced environmental economics course that covers valuation methods. Prior to class, students watch 4 short videos explaining valuation methods and listen to an NPR ...

Nonlinear Budget Constraints part of Teaching Methods:Team-Based Learning:Activities
Doug McKee, Cornell University-Endowed Colleges
Teams graph both linear and nonlinear budget constraints and identify optimal choices for consumers with different preferences.

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 ...

Substitute Goods: What happens with a sugar tax? part of Teaching Methods:Team-Based Learning:Activities
Angela Thurman, Tarrant County College District,
This activity will help students understand the concept of substitute goods as a part of the unit on demand and supply, Students will explore the consequences- intended and otherwise- of instituting a sugar tax.

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 ...

How do imports affect GDP? part of Teaching Methods:Team-Based Learning:Activities
Brandon Sheridan, Elon University
Imports are perhaps the most misunderstood portion of the GDP identity (Y=C+I+G+NX). This exercise uses real data to have students explore this issue and learn the nuance behind the numbers.

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.

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.

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.

Shutdown Decisions – The Role of Variable and Fixed Costs part of Teaching Methods:Team-Based Learning:Activities
George Orlov, Cornell University-Endowed Colleges
Students will discuss full and partial shutdown decisions in a context of a small business (bagel shop) which, with the advent of cold weather, considers closing its patio, keeping it open and putting up heating ...