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Context-Rich Problems

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Hemispheric Lateralization: Are You Left- or Right-Brained? part of Library:Context-Rich Problems:Examples
An online brain dominance inventory provides students with information on their brain dominance and information processing style. This relates to perception and learning styles.

Using PRIZM Look-up to Identify Consumer Markets part of Library:Context-Rich Problems:Examples
This activity demonstrates geo-demographic consumer segment lifestyle consumption patterns. The information available on the site is relevant to segmentation and targeting strategies used by marketers.

Perfect Competition: A Context Rich Problem part of Library:Context-Rich Problems:Examples
Students find the profit-maximizing level of output for a perfectly competitive firm and check the shut-down condition for two different prices.

Context-Rich Problems part of Library:Context-Rich Problems
Developed by Joann Bangs, St. Catherine University Enhanced by Jennifer Docktor, University of Minnesota, Ken Heller, University of Minnesota, Brian Peterson, Central College and Rochelle Ruffer, Nazareth College ...

Determining the Break-Even Point of Profit for a Campus Service part of Library:Context-Rich Problems:Examples
Students are asked to determine the break even profit point for a service to be offered on campus, using an online break even calculator.

Explicit and Implicit Costs of Education: Context Rich Problem part of Library:Context-Rich Problems:Examples
Students are faced with advising a roommate about the costs and benefits of continuing with their education. Specifically, students are asked to apply the concepts of explicit and implicit costs to a real world scenario.

Unemployment and discouraged workers: Context Rich Problem part of Library:Context-Rich Problems:Examples
Students use the Current Population Survey to calculate the official unemployment rate and two variations that include discouraged workers. Students compare the results and discuss what the varying definitions reveal about the labor market.

Sandwiches and Elasticity Context-Rich Problem part of Library:Context-Rich Problems:Examples
Students are asked to apply what they learned in class to a real life scenario question.

Airline Revenues: Supply and Demand (Context Rich Problem) part of Library:Context-Rich Problems:Examples
An exercise that has students translate an economic event described in the newspaper into representation in a supply and demand diagram

Elasticity and Total Revenue: Context Rich Problem part of Library:Context-Rich Problems:Examples
Context rich problem allowing students to apply elasticy of demand concepts.

Select-A-City for Demographic and Economic Opportunities, Using an Online Database part of Library:Context-Rich Problems:Examples
This activity asks students to review the demographic and lifestyle statistics available at ERsys.com, and determine which city or location would provide the best consumer market opportunity for the given problem.

Tariff wars: Context-rich problem part of Library:Context-Rich Problems:Examples
Context rich problem providing opportunities for principles or upper level students to consider trade, tariffs, producer and consumer surplus.

Changes in Demand: Context Rich Problem part of Library:Context-Rich Problems:Examples
Context Rich Problem on demand shifters and the implications of such a shift.

Price discrimination context-rich problem part of Library:Context-Rich Problems:Examples
Students prepare an essay to explain pricing strategies for two different companies.

Price Ceiling: Context Rich Problem part of Library:Context-Rich Problems:Examples
context rich problem on price ceilings

Imperfect Competition: Context-Rich Problem part of Library:Context-Rich Problems:Examples
This context-rich problem helps students to apply the characteristics of imperfect competition to a real world setting.

Marginal Analysis Context-Rich Problem part of Library:Context-Rich Problems:Examples
In this problem, students consider the benefits of reduced tray usage in school cafeterias by comparing the cost savings of having to clean fewer trays against the opportunity cost of increased labor and energy costs to clean the cafeteria after meals.

Context-rich problem for cooperative group problem solving - Electric Force part of Library:Context-Rich Problems:Examples
Context-rich problem for electrostatics in an introductory physics class. The instructional setting uses cooperative group problem solving.

Excise Tax Incidence: Context Rich Problem part of Library:Context-Rich Problems:Examples
Context Rich Problem using the concepts of excise tax incidence, elasticity of demand, and elasticity of supply. Students must determine which information is appropriate and which is extraneous to the problem.

Tax burden context-rich problem part of Library:Context-Rich Problems:Examples
Students are asked to write a letter to the editor of their newspaper to explain their point of view as a seller in a market that is about to experience an increased sales tax rate.