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Why the AD Curve Slopes Downward
Ann Werboff, Northern Arizona University
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 ...

Economics Topics: Additional Topics:Other

US China Trade War - An Application of the AD/AS Model
Ann Werboff, Northern Arizona University
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.

Economics Topics: Macroeconomic Topics:International, Fiscal policy

Beat Inflation Now
Richard Gosselin, Housatonic Community College
Assume the United States is experiencing unusually high inflation rates that haven't been witnessed in 40 years. Savers and people preparing for retirement are understandably concerned with how inflation will ...

Economics Topics: Macroeconomic Topics:Inflation

Airbnb Entrepreneurs
Richard Gosselin, Housatonic Community College
Students groups examine the situation in which an Airbnb entrepreneur has taken out five separate mortgages in a lake resort community. Each mortgage also has maintenance and electrical bills. A recession depressed ...

Economics Topics: Microeconomic Topics:Firm production and costs

Substitute Goods: What happens with a sugar tax?
Angela Thurman, Tarrant County College District,
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.

Economics Topics: Additional Topics:Other, Microeconomic Topics:Competitive markets, Differentiated products

Unemployment in America: Who's Hit Hardest and Would Economic Growth Change That?
Bettina Berch, CUNY Borough of Manhattan Community College
After looking at the current statistics on the American labor force and the unemployment rates for different groups by age, race, gender [for example, https://www.bls.gov/cps/cpsaat03.htm ],we see that African ...

Economics Topics: Macroeconomic Topics:Economic growth, Microeconomic Topics:Labor markets, Macroeconomic Topics:Unemployment, Additional Topics:Discrimination

The Principle of Diminishing Marginal Utility (almost always) Holds
John Hilston, Eastern Florida State College
Students will consider several scenarios related to the principle of diminishing marginal utility.

Economics Topics: Microeconomic Topics:Firm production and costs, Taxes

Considering Implicit (Opportunity) Costs. Why are they overlooked?
John Hilston, Eastern Florida State College
This activity asks students to evaluate why implicit costs are sometimes not considered.

Economics Topics: Microeconomic Topics:Firm production and costs

Why Have Prices Increased So Much?
John Hilston, Eastern Florida State College
This activity asks students to consider causes of price level changes in the early 2020s.

Economics Topics: Macroeconomic Topics:Inflation, Microeconomic Topics:Competitive markets

Is a good inferior, normal or a luxury?
G Dirk Mateer, UT-Austin
Income elasticity is something most college students deal with since they have budget constraints. This causes them to make hard decisions about what they can afford.

Economics Topics: Microeconomic Topics:Competitive markets