A news story interviews a woman who claims that it was difficult …
A news story interviews a woman who claims that it was difficult for her to find employment because she had children. The story is used to examine the concept of statistical discrimination and whether public policy should be used to discourage statistical discrimination in this case.
In this module, students learn about supply. Prices for most goods and …
In this module, students learn about supply.
Prices for most goods and services are determined in markets by what economists call supply and demand. Both sides – demand and supply – are needed to determine prices.
This short module will use a fictitious chocolate market to help students better understand the supply side of market.
A free online simulation that demonstrated the bull-whip effect, and the complexities …
A free online simulation that demonstrated the bull-whip effect, and the complexities of supply chain management, responding to changes in customer demand.
Listen as Jacqueline Novogratz discusses investing in sustainable small business solutions for …
Listen as Jacqueline Novogratz discusses investing in sustainable small business solutions for the world's poor. The goal, says Novogratz, CEO of Acumen Fund, is to find a way to bring essential services to low income people not just today but in a way that's sustainable over time.
Students carry out a naturalistic observation study in order to test the …
Students carry out a naturalistic observation study in order to test the hypothesis that there are sex differences in risk-taking. Students collect and analyze data and prepare APA style research report.
Students are asked to write a letter to the editor of their …
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.
The link between a set of taxes and income distribution is an …
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.
This is a very short case about a coupon experiment on the …
This is a very short case about a coupon experiment on the Maine Turnpike that can be used very early in Micro Principles courses to motivate the introduction of demand curves, elasticity and externalities that comes later in the course.
The text of this case is a transcript of a story broadcast …
The text of this case is a transcript of a story broadcast on NPR's All Things Considered on January 22, 1996. The story concerns Congressional debate about agricultural programs, particularly the price support program for peanuts. The story includes statements from a member of Congress as well as representatives of peanut growers and peanut processors. The peanut program includes import restrictions, a price floor and peanut growing licenses, and this case describes those and includes statements from peanut growers, processors and consumers.
This case is the transcript of the 1962 Congressional Testimony of BC …
This case is the transcript of the 1962 Congressional Testimony of BC Deuschle, President of the Scissors, Shears and Manicure Implement Manufacturers' Association, with regard to the Trade Expansion Act of 1962. Deuschle opposes the act, fearing that reduced protection will destroy his industry. The case includes all of the classic economic and political motives for protection.
An "oldie but goodie" this 1983 case (revised in 1990), is set …
An "oldie but goodie" this 1983 case (revised in 1990), is set in December 1981, when the international arrangement governing international trade in textiles is up for renewal. The US, Europe and developing countries must decide how to divide the international textile market. The debate in the case focuses on who wins and loses from protectionism. There are eight pages of text and eight more pages of data and exhibits.
The course was a senior-level 3 credit seminar designed primarily for junior …
The course was a senior-level 3 credit seminar designed primarily for junior and senior economics majors and minors. This capstone-type course offered an opportunity for 18 students to learn about urban economics as it applies to local economic development while being actively involved in the actual practice of community and economic development through a partnership with Burlington's innovative Community and Economic Development Office (CEDO). Specifically, Students conducted the following activities for CEDO's economic development division: 1. Collected data to enable an up-to-date understanding of economic/demographic trends and conditions in Burlington and the region. CEDO has previously hired outside consultants to periodically produce a data rich document titled "Jobs and People." My students put together "Jobs and People IV." Key contributions unique to J&P IV were the construction of time series based on NAICS instead of SIC industry codes and the addition of variables to reflect Burlington's movement away from manufacturing to an economy based more on the arts, technology and sustainable agriculture. This report is now used throughout the state of Vermont. 2. Developed a dataset in excel with formulas and sources that makes it easy for CEDO staff to keep "Jobs and People" continuously updated and to modify the data and charts to meet their changing needs. CEDO will now need to rely less on expensive outside consultants. Students conducted the following activities for CEDO's community development division: 1. Conducted a survey of Burlington residents on their quality of life in the historical but economically challenged Old North End neighborhood. The survey was also designed to gather information about the types of supports residents want and to identify the role played by CEDO sponsored neighborhood associations in resident perceptions of quality of life.
Principles of economics students are asked to collect and analyze data on …
Principles of economics students are asked to collect and analyze data on a few macro economic aggregates to give them a first taste of empirical work.
Believe it or not, most kids graduate high school lacking basic personal …
Believe it or not, most kids graduate high school lacking basic personal finance skills. That's where TeenAnalyst.com comes in. The basic idea was to give kids the information they need to become successful investors.
An exercise designed to facilitate understanding of the impacts of price controls …
An exercise designed to facilitate understanding of the impacts of price controls on market outcomes, with a follow up exercise covering these and related concepts.
A three-semester Honors Thesis in economics allows students to integrate their entire …
A three-semester Honors Thesis in economics allows students to integrate their entire undergradaute economics experience into a challenging, meaningful, creative research project.
Tilburg University's Center for Economic Research provides "Discussion Papers" about economic topics …
Tilburg University's Center for Economic Research provides "Discussion Papers" about economic topics here. Papers are indexed and many can be downloaded.
The financial security that comes with wealth accumulation requires an understanding of …
The financial security that comes with wealth accumulation requires an understanding of the time value of money. Students begin this module with a lesson on opportunity cost, the most fundamental consideration in any personal financial decision. Students move on to a lesson on interest where they will recognize the importance of interest in sheltering them from the higher cost of living they are certain to experience in later years. The increase in their future costs will be due to inflation, the third subject they will encounter in this program. Students will use their knowledge of opportunity cost, interest and inflation to determine the future value of investments they may make as young adults and the present value of a sum of money they hope to have at a later date.
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