Resources for Teaching
Below are resources for interactive activities that I conduct in the classroom to help supplement my lectures. Fellow educators, please feel free to use these resources in your own teaching.
+ Introduction to Microeconomics
Present Value Analysis
Present Value Stations: Students break up into groups and work through the stations together. Each group presents the solutions to one station at the end of class.
Supply and Demand
Wheat market activity: Student simulate a real-life market and see how market equilibrium emerges without any coordinated effort.
News analysis activity: Students break up into groups and analyze news articles to understand the impact of supply and demand shocks on market equilibrium.
Elasticity
News analysis activity: Students read the news articles related to demand elasticity and answer the reflection questions at the end.
SillyBandz activity: Students watch the video referenced in the handout and work through the following real-life questions. The handout covers present value analysis, supply & demand, and elasticity.
Regression Analysis
Excel activity: Students learn how to run and interpret regressions in Excel using the following real-life problems.
Market Structures
Gum Game: Students are divided into 4 groups (each of which represents a different market structure). Group 1 has 1 person, Groups 2 and 3 have 2 people, and Group 4 consists of the remainder of class.
Game Theory
Fun games for students to solve with partners.
Externalities, Taxes, and Subsidies
Activity on externalities based on Dr. Seuss's The Lorax