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- Economics Blog - Page 4
Economics Blog - Page 4
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Economics Blog - Page 4
steven_huang
Macmillan Employee
09-03-2020
01:47 PM
Sandwich shop pricing
(context-rich problem)
Students consider how to raise revenue for a small family business
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steven_huang
Macmillan Employee
09-03-2020
01:45 PM
Sales tax increase
(context-rich problem)
Students analyze a proposal to increase a city sales tax.
Can have students complete individually, with think-pair-share or small groups. In larger classes, student responses can be collected using clickers.
Also, please see Double-oral Auction Activity.
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steven_huang
Macmillan Employee
09-03-2020
01:44 PM
Running a car wash Students decide the profit-maximizing level of production for a family business and must analyze shutdown conditions for different prices.
Can have students complete individually, with think-pair-share or small groups, either before class or in class. In larger classes, student responses can be collected using clickers.
Also similar: Selling CSA subscriptions
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steven_huang
Macmillan Employee
09-03-2020
01:43 PM
River Runs Red
(Econ video, song by Midnight Oil)
Song about environmental damage.
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steven_huang
Macmillan Employee
09-03-2020
01:42 PM
Real home values
(context-rich problem)
Students must use the CPI to determine whether a house has gained or lost real value.
Could collect responses using clickers
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817
steven_huang
Macmillan Employee
09-03-2020
01:40 PM
Public goods and sorting
(experiment)
Students vote on provision of a public good; in subsequent rounds, students may move to different communities with different provision levels.
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steven_huang
Macmillan Employee
09-03-2020
01:39 PM
Privilege to Pee
(Econ video, song from Urinetown musical)
When water is in short supply, citizens must pay a tax for using the toilet, generating more profit for the monopolist controling toilet access.
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851
steven_huang
Macmillan Employee
09-03-2020
01:38 PM
Prisoner's Dilemma
(experiment)
Students must decide to collude or compete when faced with the standard Prisoner's Dilemma payoff matrix. [oligopoly]
There are several sources/variations of this experiment (such as here, here, or here)
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steven_huang
Macmillan Employee
09-03-2020
01:36 PM
Price Tag
(Econ video, song by Jesse J)
Singer says to 'forget about the price tag' but that can lead to debt, as in the last recession.
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steven_huang
Macmillan Employee
09-03-2020
01:35 PM
Price consulting
(context-rich problem)
Students advise two different companies on pricing strategies where it is easier for one of the companies to discriminate among customers.
This is a good demonstration for large classes because the physical nature of the activity is easily observed by others.
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steven_huang
Macmillan Employee
09-03-2020
01:32 PM
Preferences for Distribution of Income
(experiment)
Students decide on income payoffs with varying types of risk.
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steven_huang
Macmillan Employee
09-03-2020
01:31 PM
Pollution rights
Students must find the least-cost method to arrive at target pollution levels.
There are many variations/alternatives (see here and here)
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654
steven_huang
Macmillan Employee
09-03-2020
01:30 PM
Parking game
(experiment)
In the role of commuters, students choose among parking lots in multiple rounds with different forms of price discrimination.
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steven_huang
Macmillan Employee
09-03-2020
01:19 PM
Money Talks
(Econ video, song by AC/DC)
Lyrics list all the things one can do with money. Econ video notes money is a medium of exchange and store of value.
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steven_huang
Macmillan Employee
09-03-2020
01:18 PM
Money creation
(experiment)
By taking on roles as bankers, loan customers and business firms in simulated markets for loans and investment, students see how money is created.
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Topics
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Achieve
3 -
Chiang
3 -
Cowen-Tabarrok
4 -
EconEd
121 -
iClicker
1 -
Krugman-Wells
5 -
Online Learning
2 -
Poverty and Income Distribution
3 -
Price Controls
1 -
Public Goods and Common Resources
10 -
Stevenson-Wolfers
8 -
Taxes
1 -
Teach Econ
5 -
TeachEcon
5 -
Trade
2 -
Unemployment
4 -
Webinars
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