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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.

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.

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 ...

The evolution of federal budget surpluses and deficits in the U.S. since 1970. part of Teaching Methods:Team-Based Learning:Activities
Students analyze the United States federal budget surplus/deficit as a fraction of gross domestic product (GDP) and discuss the evolution of federal budget surpluses and deficits since 1970. Students propose ...

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 ...

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.

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.

What Causes Changes in the Unemployment Rate? Job Openings versus Labor Force Participation. part of Teaching Methods:Team-Based Learning:Activities
Students will be given a hypothetical situation that will require them to engage in logical reasoning about different possible causes of unemployment (that is, change in job openings vs. change in labor force ...