Beginning econometrics students often have an uneven preparation in statistics. The simulation ...
Beginning econometrics students often have an uneven preparation in statistics. The simulation gives students a clearer understanding of the behavior of OLS estimators.
This flash animation for the song "Closer to Free" describes the Economic ...
This flash animation for the song "Closer to Free" describes the Economic Freedom of the World index, provides a summary of countries with high and low values of the index, and highlights the importance of economic freedom in a country's standard of living.
Ebay is a parody of I Want it That Way by the Backstreet Boys a #1 hit from 1999. This song contains animated lyrics and an economic explanation that are synchronized to the music. The song explores a wide range of economic issues including: markets, supply and demand, and gains from trade.
The department of economics at Elon changed its curriculum in 1995 to ...
The department of economics at Elon changed its curriculum in 1995 to require an independent senior thesis for all majors. Since that time, this activity has evolved tremendously. In 2009, we changed the curriculum again to require a 2 semester hour Fall seminar component to go along with the 2 semester hours. of independent research each student completes in the Spring of their senior year.
In this individual research project, a senior thesis student conducts a regression ...
In this individual research project, a senior thesis student conducts a regression analysis that investigates the effects of race, ethnicity, and poverty on high school graduation rates in Florida. The data are easily obtainable from the Florida Department of Education. The project can be modified to be a group research project in a Research Methods Class or a Special Topics Upper Level Economics class.
In this undergraduate research and service learning project, students and faculty collaborate ...
In this undergraduate research and service learning project, students and faculty collaborate on a study of the effects of condemned/restored homes in their college town on surrounding property values. While this example describes an experience in a small, upper-level elective course, it includes suggestions for modifications of design and learning goals for other learning levels and environments.
Context Rich Problem using the concepts of excise tax incidence, elasticity of ...
Context Rich Problem using the concepts of excise tax incidence, elasticity of demand, and elasticity of supply. Students must determine which information is appropriate and which is extraneous to the problem.
"Father Christmas" by The Kinks is used in conjunction with Joel Waldfogel's ...
"Father Christmas" by The Kinks is used in conjunction with Joel Waldfogel's article "The Deadweight Loss of Christmas" to examine the relative value of cash versus inkind gifts. This can then be extended to an analysis of various public policies.
The formation of images by plane and spherical mirrors will be studied ...
The formation of images by plane and spherical mirrors will be studied by examining paintings done by several masters which include images formed in mirrors.
This consists of a short essay to be written by students after ...
This consists of a short essay to be written by students after watching the West Wing episode "Hartsfield's Landing." In it, students are asked to help a friend to understand the content of the show using the basic components of non-cooperative game theory and the prisoner's dilemma.
This flash animation for the song "Irreplaceable" demonstrates how the availability of ...
This flash animation for the song "Irreplaceable" demonstrates how the availability of substitutes affects the price elasticity of demand. Beyonce notes that her current boyfriend is not "irreplaceable," meaning that her demand for him is elastic.
This is a JiTT exercise in which students apply introductory-level macroeconomic analysis ...
This is a JiTT exercise in which students apply introductory-level macroeconomic analysis to the question of how large the stimulus package put forward to Congress in early 2009 needed to be to close the recessionary gap facing the U.S. economy at that time. In particular, this exercise asks students to bring together the concepts of potential and actual GDP, recessionary gaps, fiscal policy, spending and taxing multipliers, and effects of changes in aggregate spending on employment and output.
This JiTT exercise uses a real-life example to pose a question to ...
This JiTT exercise uses a real-life example to pose a question to students about the nature of "rationality" as typically used in economics. In this case, the focus is on fixed vs. marginal costs and the use of marginal analysis by economists to make "rational" economic decisions.
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