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Coke vs. Pepsi Taste Test: Experiments and Inference about Cause part of Library:Teaching with Data Simulations:Examples
The Coke vs. Pepsi Taste Test Challenge has students design and carry out an experiment to determine whether or not students are able to correctly identify two brands of cola in a blind taste test. In the first ...
Reese's Pieces Activity: Sampling from a Population part of Library:Teaching with Data Simulations:Examples
This activity uses simulation to help students understand sampling variability and reason about whether a particular samples result is unusual, given a particular hypothesis. By using first candies, then a web applet, and varying sample size, students learn that larger samples give more stable and better estimates of a population parameter and develop an appreciation for factors affecting sampling variability.
Supply Chain Management Simulation Activity part of Library:Teaching with Data Simulations:Examples
A free online simulation that demonstrated the bull-whip effect, and the complexities of supply chain management, responding to changes in customer demand.
Transgenic Fly Lab part of Library:Teaching with Data Simulations:Examples
This virtual fly lab provides participants with knowledge to better understand contruct and transpose DNA, transgenic organisms, gene expression, and circadian rhythm.
Tax Game part of Library:Teaching with Simulations:Examples
The link between a set of taxes and income distribution is an important, but difficult, concept taught in economics principles courses. The Tax Game simulation requires a student to set tax rates for an income tax, a property tax, a wealth tax, a payroll tax, a corporate income tax, a sales tax,and an excise tax. The student can choose any rates he or she wishes, but must achieve a given revenue target.
Specialization and Division of Labor part of Library:Teaching with Simulations:Examples
This example engages students in a simple simulation of specialization and division of labor. All that is needed are staplers and some paper.
Dynamic Integrated Climate Change Model (DICE) part of Library:Teaching with Simulations:Examples
The Dynamic Integrated Climate Change (DICE) model assumes a single world producer must chose levels for three simultaneously determined variables: current consumption, investment, and greenhouse gases reduction. ...
MarketSim part of Library:Teaching with Simulations:Examples
MarketSim helps students understand the functioning of markets by having them become consumers and producers in a simulated economy. There are two versions, both implemented over the internet. Jeremy's market ...
Sports Franchise Simulation part of Library:Teaching with Simulations:Examples
A Sports Franchise Simulation, modeled after the card game War, lets students run their own sports franchise. While the goal of the simulation is to teach students several microeconomics concepts taught in a ...
Population Simulator part of Library:Teaching with Simulations:Examples
This simulation uses United Nations world population projections to simulate future population trends for the whole world or of individual countries. Students will have an opportunity to examine population trends and make predictions.
Hobson's Choice: A Game Simulation about Homelessness part of Library:Teaching with Simulations:Examples
Hobson's choice is a game about homelessness and how difficult it is to get off the streets and leave the situation of homelessness.It is a useful learning activity for helping students understand the differences between blaming the victim and structural causes of poverty.
Budget Explorer part of Library:Teaching with Simulations:Examples
Students often come to a principles course in economics with knowledge that is not correct. This example asks students to guess the percent of federal expenditures for different spending categories. They are then ...
General Equilibrium Simulation for Microeconomics part of Library:Teaching with Simulations:Examples
Teaching general equilibrium analysis to students is challenging. General equilibrium models are typically accessible to only a small handful of mathematically well prepared students. Yet the growing significance ...
Fair Model part of Library:Teaching with Simulations:Examples
The Fair model web site includes a freely available United States macroeconomic econometric model and a multicounty econometric model. The models run on the Windows OS. Instructors can use the models to teach ...
Using an Applet to Demonstrate Confidence Intervals part of Library:Teaching with Data Simulations:Examples
Students will utilize an applet to further expand their knowledge of confidence intervals.
Teaching with Data Simulations part of Library:Teaching with Data Simulations
Compiled by Danielle Dupuis and Joan Garfield at University of Minnesota - Twin Cities × Researchers and educators have found that statistical ideas are often misunderstood by students and professionals. In ...
Virtual Photoelectric Lab part of Library:Teaching with Data Simulations:Examples
This is a virtual lab activity on the photoelectric effect based on a Java applet simulation of the experiment.
Zero-Intelligence Trading in Markets part of Library:Teaching with Simulations:Examples
A Netlogo implementation of Gode and Sunders (1993) ZI-Trading model. Students explore whether efficiency in the market is determined by the market or by human rationality.
Using Excel Spreadsheets to Explore Profit Maximization part of Library:Teaching with Simulations:Examples
This exercise uses a simple Excel spreadsheet to explore the concept of profit-maximization for a perfectly competitive firm.
Stata Monte Carlo Simulation for Heteroskedasticity part of Library:Teaching with Simulations:Examples
This is a simulation for a beginning econometrics course that shows students how heteroskedasticity biases an estimator and why the power of a statistical text is important.