Is the Change in Inflation Good or Bad?
Brandon Sheridan, Elon University
It is commonly misunderstood how inflation affects the everyday lives of people. Students generally know that inflation means prices are rising, but this exercise makes them go deeper into which specific sectors ...

How can we adjust student college benefits for the cost of living?
Mark Maier, Glendale Community College
Student teams predict the impact of college proposal to adjust financial aid based on inflation measured by the CPI. Students must use concepts related to the construction of price indices.

Does the CPI Measure Household Inflation Accurately? Which Households?
Ishani Tewari, Curry College
Students learn how the construction of the standard CPI measure may lead to underestimating inflationary pressures on poorer households.

Regulating a natural monopoly
Marcelo Clerici-Arias (marcelo@stanford.edu), Anita Bhide, Oriol Pons-Benaiges, Claire Xue – all at Stanford University
Analysis of different types of regulation for a natural monopoly

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.

What caused the housing bubble of the mid 2000s?
C. Lucy Malakar, Lorain County Community College
After learning about the Financial Crisis of 2008, students will debate which factor contributed most to the housing bubble and subsequent financial crisis.

Comparative advantage among individuals
Craig Heinicke, University of Richmond
Students put themselves in the position of an individual with opportunity costs for producing two goods. They are given a starting point and then answer questions concerning opportunity cost, comparative advantage, ...

Potato Market Cartel
Phil Ruder, Pacific University
The exercise focuses on the US potato market to develop student expertise at identifying the monopoly outcome and associated deadweight loss. Also, student understanding of the probable instability of a cartel ...

Rising firm production costs
Phil Ruder, Pacific University
Students read an article before class and then complete a guided worksheet on the technical model of competitive markets and firms. The AE asks student teams to make their own predictions about long-run events in ...

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 ...