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    Starting Point: Teaching and Learning Economics

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Starting Point: Teaching and Learning Economics

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Game Theory Simulation Exercise: Pricing Prisoner's Dilemma part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
Student teams act as firms and make strategic pricing decisions. Each firms' profits depend on all of the teams' decisions.

Supply and Demand in the Context of Uber Surge Pricing part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
In this activity, students are asked to determine whether it is better to drive for Uber during busy times and in busy locations when and where surge pricing is in operation or instead to avoid these locations and ...

Examples of Price Discrimination part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
This application draws on student experiences as consumers in markets to elicit examples of price discrimination. The unusual reporting format provides a change of pace from the usual ABCDE format at the ...

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

Price insensitivity for branded EpiPen part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
This exercise asks student teams to select the most important reason that consumers are insensitive to price changes in the branded EpiPen epinephrine auto-injector based on a before-class reading of a news article ...

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 ...

Comparing Market Structures part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
Working in predetermined teams of 4-5 students, teams will examine and identify the market structure for cell phone operating systems. After examining the current market structure, teams will be asked to analyze ...

Labor supply decisions for economics majors part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
In this exercise, students use the labor market model to analyze the advantages and disadvantages of pursuing a graduate degree versus entering the labor market.

What are effective public policies for the heroin market? part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
Based on a supply/demand model with inelastic demand, student teams evaluate policy options for government intervention in the heroin market.

Should minimum wage be modified, maintained, or repealed? part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
Prior to class, students should listen and read the following, which provide substantial information about minimum wage: Podcasts: https://www.npr.org/sections/money/2016/04/06/473128291/episode-562-a-mall-divided. ...