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Negative externalities and property rights part of Teaching Methods:Team-Based Learning:Activities
Game-theoretic modeling of a negative externality scenario, with applications of Coase theorem and the Pigovian tax.

Oligopoly part of Teaching Methods:Team-Based Learning:Activities
Investment decisions by two duopolists. Create payoff matrix with stylized payoffs and strategies, followed by finding Nash equlibria.

Monopolies and innovation part of Teaching Methods:Team-Based Learning:Activities
Uses Bayer as an example of an innovative firm that relies on intellectual property to recover fixed research and development costs, and make a profit.

Regulating a natural monopoly part of Teaching Methods:Team-Based Learning:Activities
Analysis of different types of regulation for a natural monopoly

Costs of Production part of Teaching Methods:Team-Based Learning:Activities
This activity encourages team discussion about the structure of production costs, the difference between variable costs and fixed costs, and how the price of the final product should reflect these costs. The ...

Income changes in the supply-demand model part of Teaching Methods:Team-Based Learning:Activities
This activity encourages team discussion about income changes in the supply and demand model and their influence on the demand curve, price and quantity. The students will discuss energy prices in China, will ...

Comparative Advantages part of Teaching Methods:Team-Based Learning:Activities
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 ...

Income Inequality part of Teaching Methods:Team-Based Learning:Activities
This activity encourages team discussion about income distribution, how to measure inequality, what would be an appropriate tax policy to reduce inequality and what considerations should be taken into account while ...

Negative Externalities part of Teaching Methods:Team-Based Learning:Activities
This activity encourages team discussion about negative externalities- the case of disturbing noise and air pollution from the airport to nearby neighborhoods. The discussion raises possible solutions and the ...

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