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 ...

The government allowing a merger with high concentration to proceed
brian lynch, Lake Land College
Students will be asked to think critically and use higher-level thinking when presented with the conditions for a merger. Students are asked to evaluate which conditions on a proposed merger would best protect ...

Gross Private Domestic Investment Spending: Multipliers and Growth in the Real GDP
Laurence Malone, Hartwick College
The Activity Exercise Gross Private Domestic Investment Spending: Multipliers and Growth in the Real GDP helps student grasp the significance of the Multiplier Effect in economic growth and the expansion of real ...

What are effective public policies for the heroin market?
Mark Maier, Glendale Community College
Based on a supply/demand model with inelastic demand, student teams evaluate policy options for government intervention in the heroin market.

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 ...

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.

Using data about the U.S. milk market to explain changes in milk prices - part 1
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. They must determine which changes in supply and/or demand are consistent with the data ...

Circular Flow -- Equivalence of Income, Spending, and Production
Bill Goffe, Pennsylvania State University-Main Campus
In this activity students should come to understand a key part of the circular flow -- why income, production, and spending have the same dollar value.

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 ...

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.