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Shutdown Decisions – The Role of Variable and Fixed Costs part of Teaching Methods:Team-Based Learning:Activities
Students will discuss full and partial shutdown decisions in a context of a small business (bagel shop) which, with the advent of cold weather, considers closing its patio, keeping it open and putting up heating ...

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.

Price Discrimination part of Teaching Methods:Team-Based Learning:Activities
Students will read a WSJ article prior to class and be able to identify and distinguish types of price discrimination.

Nonlinear Budget Constraints part of Teaching Methods:Team-Based Learning:Activities
Teams graph both linear and nonlinear budget constraints and identify optimal choices for consumers with different preferences.

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.

How do imports affect GDP? part of Teaching Methods:Team-Based Learning:Activities
Imports are perhaps the most misunderstood portion of the GDP identity (Y=C+I+G+NX). This exercise uses real data to have students explore this issue and learn the nuance behind the numbers.

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 ...

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.

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 ...

What is the value of the Yasuní National Park? part of Teaching Methods:Team-Based Learning:Activities
This activity is meant for an introductory or advanced environmental economics course that covers valuation methods. Prior to class, students watch 4 short videos explaining valuation methods and listen to an NPR ...