Activity Examples

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Tax Incidence and elasticity part of Teaching Methods:Team-Based Learning:Activities
Tanya Downing, Cuesta College
This exercise asks student teams to rank their sensitivity to a price change caused by a 10% hypothetical excise tax applied to each of a list of five items. Student rankings will be based on their understanding of ...

Does perfect competition exist? part of Teaching Methods:Team-Based Learning:Activities
Michael Levine, San Bernardino Valley College
In this exercise, students will discuss the reality or perfectly competitive markets. First students will consider the characteristics of a perfectly competitive market for goods and services and discuss how ...

Tragedy of the commons game part of Teaching Methods:Team-Based Learning:Activities
Phil Ruder, Pacific University
This application calls on student teams to depict a tragedy of the commons game in strategic form, identify the Nash equilibrium outcome, and consider policies that might improve on an open-access management regime ...

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 ...

Comparing Market Structures part of Teaching Methods:Team-Based Learning:Activities
Amber Casolari, Riverside City College
Working in predetermined teams of 4-5 students, teams will examine and identify the market structure for cell phone operating systems. After examining the current market structure, teams will be asked to analyze ...

Monopoly, Monopsony, and Walmart part of Teaching Methods:Team-Based Learning:Activities
Carlena Ficano, Hartwick College
This monopoly/monopsony activity first instructs students to consider Walmart as both a seller of goods and services and as a purchaser of goods and services. It then asks them to identify who from among a range of ...

Paper Fans and Paper Planes: A classroom PPF example part of Teaching Methods:Classroom Experiments:Examples
This page is authored by Jamie Wagner, Ph.D., University of Nebraska
This in-class exercise has students create a classroom PPF which is simple to implement in about 15-20 minutes but has lasting impacts and applications.

Supply and Demand in the Context of Uber Surge Pricing part of Teaching Methods:Team-Based Learning:Activities
Carlena Ficano, Hartwick College
In this activity, students are asked to determine whether it is better to drive for Uber during busy times and in busy locations when and where surge pricing is in operation or instead to avoid these locations and ...

Comparative Advantages part of Teaching Methods:Team-Based Learning:Activities
Galit Eizman, Harvard University
This activity encourages a team discussion about the definition and implementation of Ricardo's theory of comparative advantages. Using the real life story of "Moneyball" (based on the book, the ...

The official CPI and bias part of Teaching Methods:Team-Based Learning:Activities
Grace Eau, Georgia State University
This activity aims for students to gain insights about the problems in measuring a price index.