Amy Diduch

Comparative statics: impact of corn price increase (Context Rich Problem) part of Starting Point: Teaching and Learning Economics:Teaching Methods:Context-Rich Problems:Examples
Students use comparative statics to determine the effects of corn price increases on related markets.

Choosing output quantity under perfect competition (Context Rich Problem) part of Starting Point: Teaching and Learning Economics:Teaching Methods:Context-Rich Problems:Examples
The problem presents students with information about price, average costs and marginal costs for a vegetable farm. To answer the questions, students must apply the P=MC decision rule for perfect competition.

Movement along vs. shift of demand curve: Water chlorination (Context Rich Problem) part of Starting Point: Teaching and Learning Economics:Teaching Methods:Context-Rich Problems:Examples
This context-rich problem asks students to distinguish between a movement along a demand curve and a shift of a demand curve for a price-inelastic product: water chlorination in Kenya.

Gasoline consumption: incentive effects of taxes vs. standards (Context Rich Problem) part of Starting Point: Teaching and Learning Economics:Teaching Methods:Context-Rich Problems:Examples
Students analyze the effectiveness, equity and political appeal of higher gasoline taxes and increased CAFE standards as a means of achieving a reduction in oil imports.

Calculating real home prices using the CPI (Context Rich Problem) part of Starting Point: Teaching and Learning Economics:Teaching Methods:Context-Rich Problems:Examples
Students calculate real home values using nominal values and the Consumer Price Index.

Amy McCormick Diduch part of Starting Point: Teaching and Learning Economics:About this Project:Project Participants
Professor of Economics Mary Baldwin College Staunton, VA 24401 adiduch@mbc.edu Phone:540-887-7114 Background Information Amy received her Ph.D. in Economics from Harvard University in 1995. She began teaching at ...