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Price Ceilings and Venezuela part of Teaching Methods:Team-Based Learning:Activities
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 ...

Keeping Each Other in Check – Oligopolists' Strategic Interaction part of Teaching Methods:Team-Based Learning:Activities
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 ...

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.

Labor Force Participation Rate in the U.S. by Gender part of Teaching Methods:Team-Based Learning:Activities
Discover and observe the trends of LFPR by gender in the U.S. from 1948 until the present. Discuss and defend the ranking of proposed reasons for these trends.

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 ...

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?

The role of Institutions and Geography in Economic Growth part of Teaching Methods:Team-Based Learning:Activities
Students will listen to NPR's The Indicator podcast "The Persistence of Poverty" It describes how nations' modern development outcomes are strongly influenced by  historic events which ...

Are Imports Bad for the Economy? part of Teaching Methods:Team-Based Learning:Activities
Students learning the expenditure approach often conclude that "imports reduce GDP." The activity attempts to dispel this misconception and pushes students to think about imports as an accounting variable ...

Identifying Market Structure in the Fast Food Industry part of Teaching Methods:Team-Based Learning:Activities
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.

US China Trade War - An Application of the AD/AS Model part of Teaching Methods:Team-Based Learning:Activities
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.