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Inflation
Siny Joseph, Kansas State University
Students will be able to explain the consistent unexpected low inflation rate despite falling unemployment rate.

Economics Topics: Macroeconomic Topics:Unemployment, Inflation

Price Discrimination
Siny Joseph, Kansas State University
Students will read a WSJ article prior to class and be able to identify and distinguish types of price discrimination.

Economics Topics: Additional Topics:Discrimination

Fiscal Policy
Siny Joseph, Kansas State University
Students will be able to evaluate the implications of government spending versus tax cuts to shift the AD curve in response to the 2007-2009 recession.

Economics Topics: Macroeconomic Topics:Fiscal policy

Price Controls
Siny Joseph, Kansas State University
Students will answer questions related to a Planet Money podcast "Big Government Cheese" and reinforce their understanding of implications of price controls and market outcomes.

Economics Topics: Additional Topics:Other

Taxes
Siny Joseph, Kansas State University
Students will listen to an NPR podcast on soda taxes prior to class and be able to reinforce their understanding on implications of taxes and market outcomes.

Economics Topics: Microeconomic Topics:Taxes

Labor Force Participation Rate in the U.S. by Gender
Natalia Smirnova, University of Connecticut
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.

Economics Topics: Macroeconomic Topics:Unemployment, Measurement

Shutdown Decisions – The Role of Variable and Fixed Costs
George Orlov, Cornell University-Endowed Colleges
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 ...

Economics Topics: Microeconomic Topics:Firm production and costs

Smoke and Nicotine in New York – Social Surplus, Taxation, and Consumer Migration to Substitutes
George Orlov, Cornell University-Endowed Colleges
Students will examine the effect of a tax increase in a market with negative externalities in the context of the New York City tobacco and e-cigarette market. The exercise offers a more challenging setting than ...

Economics Topics: Additional Topics:Externalities, Microeconomic Topics:Taxes, Competitive markets

Big Players in a Small Market – Pure and Mixed-Strategy Nash Equilibria in Stylized Market Participation Decisions
George Orlov, Cornell University-Endowed Colleges
In the context of an oligopolistic entry game, students will translate a word problem into game theoretic notation and will then examine how changes to the payoff structure changes the Nash equilibria in a game. ...

Economics Topics: Microeconomic Topics:Game theory, Monopoly and other market structures

Location Choice for a Small Business – Recognizing Market Structures and Their Implications for Firm Behavior
George Orlov, Cornell University-Endowed Colleges
Students will discuss the location choice of a small business and how this choice determines the market structures in which the business would have to operate. Students will discuss how a profit-maximizing firm ...

Economics Topics: Microeconomic Topics:Monopoly and other market structures, Competitive markets