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Fertility Rate and Constant GDP per capita part of Teaching Methods:Team-Based Learning:Activities
Students will search for data on fertility rate and constant GDP per capita, mapping them and underscoring the reasons for lower fertility rates in richer countries.
Price Elasticity of Demand part of Teaching Methods:Team-Based Learning:Activities
Teams are given a list of goods and asked to identify what they think are the most elastic and least elastic.
Supply and demand shifters using local examples part of Teaching Methods:Team-Based Learning:Activities
This activity asks students to consider some common shifters of demand and supply and rank them based on what the think would have the greatest impact in the market. I specify local markets and a local branch of a ...
Does perfect competition exist? part of Teaching Methods:Team-Based Learning:Activities
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 ...
A Mall Divided: Who wins and loses with increases in the minimum wage. part of Teaching Methods:Team-Based Learning:Activities
How are different stakeholders impacted by minimum wage changes? This activity instructs students to analyze as unique minimum wage situation to consider the impact on various stakeholders.
Substitute Goods: What happens with a sugar tax? part of Teaching Methods:Team-Based Learning:Activities
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.
Hi Sharks - Identifying Implicit Costs and Economic Profit on Shark Tank part of Teaching Methods:Team-Based Learning:Activities
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?
U.S. Fiscal Policy between 2002 and 2019. part of Teaching Methods:Team-Based Learning:Activities
Based on the graph showing the United States Federal government current receipts and current expenditures from 2002 till 2016, students analyze expansionary fiscal policy implementation.
Why the AD Curve Slopes Downward part of Teaching Methods:Team-Based Learning:Activities
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 ...
Focusing on the useful of the U3 unemployment measure part of Teaching Methods:Team-Based Learning:Activities
In-depth group discussion is vital for this critical and higher-level activity on the usefulness of the U3 statistic.
