Market Analysis Applications: High Speed Trading and Taxis
Alan Green, Stetson University
This exercise describes two specific markets that are arguably competitive but are subject to a degree of regulation: financial markets (focusing on high-speed trading) and the market for taxis. Students are tasked ...

Firm Costs and Production: Are we in the same boat?
Craig Heinicke, University of Richmond
Students will be given a prompt and have to choose a specific answer from among several choices. They will then report simultaneously with other teams and defend their decision with relevant theory. The skeleton of ...

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. ...

The impact of changes in foreign exchange rates on aggregate demand and employment.
Farhad Ameen, SUNY Westchester Community College
Students will be given a hypothetical situation that will require them to engage in logical reasoning of the impact of an appreciating currency on exports and imports, and consequently on Aggregate Demand, GDP and ...

U.S. Fiscal Policy between 1991 and 2001
Natalia Smirnova, University of Connecticut
Based on the graph showing the United States Federal government current receipts (from taxation) and current expenditures from 1991 till 2001, students analyze contractionary fiscal policy implementation.

The price of beer and automobile fatalities: using elasticity to determine appropriate public policy
C. Lucy Malakar, Lorain County Community College
Students will use the price elasticity of demand for beer to estimate the impact of a price increase on alcohol-impaired driving fatalities and then discuss policy options to prevent them.

Using data about the U.S. milk market to explain changes in milk prices - part 2
Shelby Frost, Georgia State University
Students will relate some real world data about the milk market in the U.S. to predictions of the supply and demand model.

What to do About the Local Water Monopoly?
Ezra Pugh, Glendale Community College
In this activity, students are confronted with a local water monopoly. Students debate what, if any, regulations their municipality should put on the monopoly to ensure the most optimal outcome.

Income changes in the supply-demand model
Galit Eizman, Harvard University
This activity encourages team discussion about income changes in the supply and demand model and their influence on the demand curve, price and quantity. The students will discuss energy prices in China, will ...

Impact of the Federal Deficit
Mark Maier, Glendale Community College
Using a fable about "King Big Debt" teams examine four possible outcomes of deficit spending: monetizing the debt; external debt; crowding out; and Keynesian crowding in. Teams must select which outcome ...