Comparative Advantages part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
This activity encourages a team discussion about the definition and implementation of Ricardo's theory of comparative advantages. Using the real life story of "Moneyball" (based on the book, the ...
Income changes in the supply-demand model part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
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 ...
Income Inequality part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
This activity encourages team discussion about income distribution, how to measure inequality, what would be an appropriate tax policy to reduce inequality and what considerations should be taken into account while ...