Application Exercise Library
Results 1 - 10 of 184 matches
Comparing Market Structures
Amber Casolari, Riverside City College
Working in predetermined teams of 4-5 students, teams will examine and identify the market structure for cell phone operating systems. After examining the current market structure, teams will be asked to analyze ...
First day of class activities
Phil Ruder, Pacific University
The two activities first present students with three types of learning and asks students to identify which type of learning is most important. Next, teams identify which activities could be accomplished at home and ...
How do imports affect GDP?
Brandon Sheridan, Elon University
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.
Game Theory Simulation Exercise: Pricing Prisoner's Dilemma
Alan Green, Stetson University
Student teams act as firms and make strategic pricing decisions. Each firms' profits depend on all of the teams' decisions.
Supply and Demand in the Context of Uber Surge Pricing
Carlena Ficano, Hartwick College
In this activity, students are asked to determine whether it is better to drive for Uber during busy times and in busy locations when and where surge pricing is in operation or instead to avoid these locations and ...
Price Ceilings and Venezuela
Elisa Queenan, Porterville College
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 ...
The Tax Game: What are fair and effective tax rates?
Mark Maier, Glendale Community College
Based on an online simulation teams choose from five tax regimes that each collect the same tax revenue but do so with different tax rates. Teams predict the impact of their tax choices and then, based on the ...
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 ...
Welfare Loss from Monopoly
Doug McKee, Cornell University-Endowed Colleges
Students are presented with several potential markets and asked to consider the welfare consequences of monopoly power in each.
Creating and interpreting a production possibilities curve
C. Lucy Malakar, Lorain County Community College
Students will read an article about how the hurricanes of September 2017 damaged crops in Georgia and use the information provided to create a production possibilities frontier. Students will use their production ...