Shelby Frost

How the changing US demographics impact demand for retirement communities. part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
Students will think about some shift factors of demand and relate that to some real world data about changing demographics in the U.S., in particular, how increases in the median age of the population varies in ...

Elasticity and tax incidence part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
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.

How prices are determined in the market part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
This AE is designed to get students thinking about how prices are determined in a market. It is based on common misconceptions that many students have about how prices are determined: that producers alone determine ...

Using data about the U.S. milk market to explain changes in milk prices - part 2 part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
Students will relate some real world data about the milk market in the U.S. to predictions of the supply and demand model.

Comparing benefits and costs of attending an event. part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
Students should think of all the relevant factors to consider when making rational decisions, including all opportunity costs of each choice.

Using Clickers to Generate Supply and Demand Curves part of Starting Point: Teaching and Learning Economics:Teaching Methods:Classroom Response Systems:Examples
Use the clickers to generate data for demand and supply curves by asking students to give numerical values for their maximum willingness to pay for something and their minimum willingness to accept for something. Use the data generated to graph both the demand and supply curves.