Documented Problem Solving: Calculating Bank Reserves
Linda Wilson, The University of Texas at Arlington
The lecture focused on the banking system and included a discussion about total reserves, required reserves and excess reserves. Students practiced calculating each category in pairs and then compared their ...

Documented Problem Solving: Determining the Tax Structure
Linda Wilson, The University of Texas at Arlington
Determining a Tax Structure - The different tax structures are reinforced through the calculation of the tax rate at two different income levels.

Documented Problem Solving: The Long Run Competitive Market
Linda Wilson, The University of Texas at Arlington
During the lecture, the competitive market was introduced. A graph was used to demonstrate a competitive market in which there was an economic profit. The profit motive causes an increase in supply. As additional ...

Documented Problem Solving: Price Elasticity of Demand
Linda Wilson, The University of Texas at Arlington
The concept of price elasticity of demand was introduced in class. Elastic and inelastic goods were discussed. The impact that a change in price will have on total revenue was also presented.

Documented Problem Solving: The Impact of a Minimum Wage
Linda Wilson, The University of Texas at Arlington
During the lecture, labor demand and labor supply were discussed and were used to determine the equilibrium wage rate. Then, the concept of a minimum wage rate was introduced and the impact of the wage rate on the ...

Documented Problem Solving: Foreign Exchange Rates - Supply and Demand
Todd Easton, University of Portland
In this assignment, students think about four events that would affect a country's exchange rate. Without actually drawing a supply and demand diagram, students say what direction, if at all, each curve would shift--and whether the currency would appreciate or depreciate as a result.

Documented Problem Solving: Adjustment of Output and Inflation to a Demand Shock
Todd Easton, University of Portland
In this macroeconomics problem, students check to see whether they understand the role nominal aggregate demand and inflation expectations play in determining the economy's output level and inflation rate.

Documented Problem Solving: International Trade and Comparative Advantage
Linda Wilson, The University of Texas at Arlington
The concept of comparative advantage is used to make a decision about specialization and trade. The microeconomic impact is also included.

Documented Problem Solving: Calculating the Unemployment Rate
Linda Wilson, The University of Texas at Arlington
Following a lecture about unemployment, students are asked to calculate the unemployment rate. They will need to apply their knowledge about unemployment and the labor force in order to make the calculation.

Documented Problem Solving: Identifying a Change in Demand and Its Impact
Linda Wilson, The University of Texas at Arlington
Students in an economics course are asked to write a doumented problem solution to explain how a change in a determinant of demand will impact the equilibrium price.