Comparing benefits and costs of attending an event.
Shelby Frost, Georgia State University
Students should think of all the relevant factors to consider when making rational decisions, including all opportunity costs of each choice.

The evolution of federal budget surpluses and deficits in the U.S. since 1970.
Natalia Smirnova, University of Connecticut
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 ...

Unemployment and Health Insurance Coverage
Diego Mendez-Carbajo, Federal Reserve Bank of St. Louis
Students will search for data on unemployment and health insurance coverage, mapping them and underscoring the reasons for reductions in health insurance coverage when unemployment increases.

Elasticity and tax incidence
Shelby Frost, Georgia State University
The point of this AE is get students to understand how the relative price elasticities of supply and demand are what really determine who bears the burden of an excise tax.

Monopoly, Monopsony, and Walmart
Carlena Ficano, Hartwick College
This monopoly/monopsony activity first instructs students to consider Walmart as both a seller of goods and services and as a purchaser of goods and services. It then asks them to identify who from among a range of ...

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 ...

Monopoly Power under Pharmaceutical Patents
Carlena Ficano, Hartwick College
In this activity, students are asked to identify which among five pharmaceutical patent policy options they believe would be most likely to improve long term societal well being, with the policy options ranging ...

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.

What is the value of the Yasuní National Park?
M. Jimena González-Ramírez, Manhattan College, jimena.gonzalez@manhattan.edu
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 ...

A Mall Divided: Who wins and loses with increases in the minimum wage.
Michael Levine, San Bernardino Valley College
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.