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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 ...

Tax Incidence and elasticity part of Teaching Methods:Team-Based Learning:Activities
This exercise asks student teams to rank their sensitivity to a price change caused by a 10% hypothetical excise tax applied to each of a list of five items. Student rankings will be based on their understanding of ...

The benefits and costs of studying. part of Teaching Methods:Team-Based Learning:Activities
In this exercise, students apply benefit-cost analysis to make suggestions on how to increase the amount of time that students spend studying.

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.

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 ...

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.

Macrosimulation: What to do in stagflation? part of Teaching Methods:Team-Based Learning:Activities
Based on an online macroeconomic simulation for an economy with stagflation, teams choose from a selection of fiscal and monetary policies for one year. The simulation then shows the results of the choice that can ...

What is Team-Based Learning? part of Teaching Methods:Team-Based Learning
Team-Based Learning (TBL) is a highly structured, evidence-based small group instructional strategy designed around a sequence of learning modules, each incorporating a "readiness assurance process" ...

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 ...

Marginal Utility Classroom Experiment part of Economics in Two-Year Colleges:Activities