All resources in PTECH Instructors OER

Opportunity Costs: The Parable of the Broken Window

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Paradoxically, while natural disasters clearly destroy wealth, they also seem to create wealth and employment when the damages are repaired. But 19th century French economist Frédéric Bastiat argued that this idea is a fallacy and fails to take opportunity costs into account. In this video, philosophy professor Dan Russell of the University of Arizona defines opportunity costs and explains the importance of Bastiat’s realization on contemporary economics.

Material Type: Lesson

Author: Dan Russell

Price Ceilings: Rent Controls

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This video will explain the classic price ceiling example of rent controls and how shortages are created from a price ceiling. This video will aid in the understanding of how price ceilings create shortages and enforces standard EPF. 3 (d)

Material Type: Lecture

Right Start in Teaching Economics

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The Right Start in Teaching Economics lessons were designed for those new to teaching economics Đ even if not new to teaching! An excellent review or refresher if college economics courses have become a distant memory, Right Start lessons help teachers enter the classroom with renewed confidence in their own understanding of economic reasoning.

Material Type: Activity/Lab, Assessment, Lesson Plan

What Can We Cut to Balance the Budget?

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In 2011, federal government spending significantly outweighed revenue. While the federal government spent $3.8 trillion, it collected only $2.2 trillion from various taxes, licenses, and fees. In this video, Professor Antony Davies of Duquesne University explores what the federal government is spending money on and what can be cut to balance the budget.

Material Type: Lecture, Lesson

Author: Antony Davies

BLOOM'S TAXONOMY OF EDUCATIONAL OBJECTIVES

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THE BLOOM'S CLASSIFICATION OF EDUCATIONAL OBJECTIVES IS REALLY A PATH SHOWING TO THE TEACHERS OF ALL CATEGORIES i.e. PRE PRIMARY, PRIMARY, MIDDLE SCHOOL, SECONDARY, SENIOR SECONDARY AND EVEN TEACHERS AT HIGHER EDUCATION. IT GUIDES ABOUT THE GOALS TO BE ACHIEVED IN THE CLASSROOM BY THE TEACHERS.

Material Type: Lecture, Lesson, Module, Teaching/Learning Strategy, Unit of Study

Author: Meenu Sethi