In this assignment, a group of four to five students will select …
In this assignment, a group of four to five students will select one country that has been ranked in the World Development Indicators of the World Bank, the Human Development Indicators of the United Nations Development Program, and the Happy Planet Indicator of the New Economic Foundation. Using the selected country's political, social, and economic statistics, each group will assess the methodology and validity of the measurements of WDI, HDI, and HPI indicators for the country. Students will compare and contrast the measurement methods, analyze the strengths and weaknesses of each indicator, and propose recommendations to improve these indicators.
Before buying an extended warranty or a service contract for your home, …
Before buying an extended warranty or a service contract for your home, a car, or an appliance, be sure to read the fine print and weigh the costs and benefits.
The economic crisis that started in the United States in 1929 and …
The economic crisis that started in the United States in 1929 and moved towards industrial and developing countries, it was the most severe and widespread economic decline known from liberal or capital countries and ended in 1933.
In this macroeconomics problem, students check to see whether they understand the …
In this macroeconomics problem, students check to see whether they understand the role nominal aggregate demand and inflation expectations play in determining the economy's output level and inflation rate.
The lecture focused on the banking system and included a discussion about …
The lecture focused on the banking system and included a discussion about total reserves, required reserves and excess reserves. Students practiced calculating each category in pairs and then compared their solutions with those of the instructor.
Gross domestic product (GDP) was introduced in class as a way to …
Gross domestic product (GDP) was introduced in class as a way to determine the value of a country's output. Consumption, investment, government spending, and net exports were discussed as the components of GDP. Items that are excluded from GDP were also discussed.
Following a lecture about unemployment, students are asked to calculate the unemployment …
Following a lecture about unemployment, students are asked to calculate the unemployment rate. They will need to apply their knowledge about unemployment and the labor force in order to make the calculation.
In this assignment, students think about four events that would affect a …
In this assignment, students think about four events that would affect a country's exchange rate. Without actually drawing a supply and demand diagram, students say what direction, if at all, each curve would shiftâand whether the currency would appreciate or depreciate as a result.
The topic of gross domestic product (GDP) was introduced in class. The …
The topic of gross domestic product (GDP) was introduced in class. The components of GDP - consumption, investment, government spending, and net exports - were discussed. The items that are excluded from GDP and the difference between GDP and gross national product (GNP) were also explained.
Students in an economics course are asked to write a doumented problem …
Students in an economics course are asked to write a doumented problem solution to explain how a change in a determinant of demand will impact the equilibrium price.
The concept of price elasticity of demand was introduced in class. Elastic …
The concept of price elasticity of demand was introduced in class. Elastic and inelastic goods were discussed. The impact that a change in price will have on total revenue was also presented.
During the lecture, labor demand and labor supply were discussed and were …
During the lecture, labor demand and labor supply were discussed and were used to determine the equilibrium wage rate. Then, the concept of a minimum wage rate was introduced and the impact of the wage rate on the labor market was demonstrated graphically.
During the lecture, the competitive market was introduced. A graph was used …
During the lecture, the competitive market was introduced. A graph was used to demonstrate a competitive market in which there was an economic profit. The profit motive causes an increase in supply. As additional producers enter the market, the price of the product or service decreases. In the end, price will decrease until the long-run equilibrium situation is reached which means that the economic profit decreases to zero.
This lesson is designed to get students to think critically about hot-button …
This lesson is designed to get students to think critically about hot-button issues such as the "fiscal cliff," "sequestration," and the ongoing debate about the US budget. Two student readings examine the general debate about the budget and the human impact of budget cuts and sequestration. Questions for discussion follow each reading.
From the 1960s to the 1990s, economically-disadvantaged school districts, primarily Latino, in Texas …
From the 1960s to the 1990s, economically-disadvantaged school districts, primarily Latino, in Texas struggled to gain more adequate funding for their children's education. At first halted by a Supreme Court ruling, one leader gained additional support and continued pressing the issue, with the result that eventually the Court reversed its stance and required the state to develop a more equitable funding plan.Students will consider the historic actions taken by the communities and the Court and how their own community action can and should make a difference.
People say the government has a debt problem, but what causes federal …
People say the government has a debt problem, but what causes federal government debt? In this video, Professor Antony Davies of Duquesne University traces the root cause of government debt to find out if the problem is too much spending or too little government tax revenue.
Is international trade good for Americans? The November 2017 issue of Page …
Is international trade good for Americans? The November 2017 issue of Page One Economics provides the ins and outs of trade, including some history, the costs and benefits, and policy choices.
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