The pro-con-caveat activity is a quick and easy way to engage students through a more interactive lecture experience.
The Processing Integrity Challenge makes use of game theory to help students learn how to determine relevant application controls for accounting systems to ensure processing integrity is achieved. It specifically addresses source data, data entry, processing, and output controls. The playing format is an adaptation of the television game show, Jeopardy, which is a novel way to reinforce concepts and provide immediate feedback to confirm students' knowledge.
Students develop the production possibilities frontier model while discussing the value of models in general in explaining complex ideas. They see what movement along the production possibilities curve entails on both the constant-cost curve and a bowed curve indicating increasing costs. They discuss ways a society can consume beyond the limits of its production possibilities through specialization and trade, as well as through an increase in resources, capital investment, and technological advance.
Are many products made in the United States anymore? As it turns out, yes. In fact, U.S. manufacturing output is near its highest level ever—and with fewer workers. How is that possible? Productivity growth. The March 2017 issue of Page One Economics describes what affects productivity, why economists are concerned about its recent slowdown, and what can be done about it.
In this active learning lesson, students apply economic concepts to a professional baseball league. The lesson underscores the importance of incentives, control of supply, and potential market inefficiencies resulting from a cartel. Students assume one of two roles: either (i) a member of a team owner group trying to get its team into the Professional Baseball League or (ii) a member of the Professional Baseball League Expansion Committee deciding whether new teams are admitted.
Students apply economic concepts to a professional basketball association. The lesson underscores the importance of incentives, control of supply, and potential market inefficiencies resulting from a cartel. Students assume one of two roles: either (i) a member of a team owner group trying to get its team into the Professional Basketball Association or (ii) a member of the Professional Basketball Association Expansion Committee deciding whether new teams are admitted.
In this lecture, Professor Howie Baetjer of Towson University explains how the market process generates improvements in the human condition, highlighting how profit and loss serve to help people channel their activities in creative and socially useful directions.
This Western Mining History database uses Mineral Resources Data System to list known Colorado historical mines by county. Each county site has links to the known mines within its borders. Some are known and named, others are unnamed. Mines should be assumed to be on private property unless other research is conducted. Data provided for each mine site include: Name, State, County, Elevation, Primary Mineral Mined, Latitude and Longitude and a link to Google Maps. Photos are provided where available. Additional information for some Mines are satellite photos, and ownership, business and historical records. Mining History is an historical site that provides information on mining, mining towns, the gold and silver rush, and Photos and maps of the western United States. This is a great database for student historical research or data and statistics classes. Consider becoming a member or making a donation to help further the work of the site.
Is public transportation a public good? How about national defense? Knowing the characteristics of public goods will help you understand why private firms excel at producing private goods, but they have little incentive to produce public goods. Rather, if society wants public goods, government must produce them. This episode of The Economic Lowdown defines the characteristics of private and public goods and explains why these characteristics help determine who is best positioned to produce each.
In this experiment, students must decide how to divide their "endowment" of a good between private consumption and a public good. The private consumption provides a benefit (earnings) to only the individual and the public good provides a benefit to each person in the group, even those who do not contribute to the public good. This hand-run experiment is suitable for use in small classes in the range of 5 to 40 students. Some variations on this basic experiment are also described.
This Western Mining History database uses Mineral Resources Data System to list known Colorado historical mines by county. Each county site has links to the known mines within its borders. Some are known and named, others are unnamed. Mines should be assumed to be on private property unless other research is conducted. Data provided for each mine site include: Name, State, County, Elevation, Primary Mineral Mined, Latitude and Longitude and a link to Google Maps. Photos are provided where available. Additional information for some Mines are satellite photos, and ownership, business and historical records. Mining History is an historical site that provides information on mining, mining towns, the gold and silver rush, and Photos and maps of the western United States. This is a great database for student historical research or data and statistics classes. Consider becoming a member or making a donation to help further the work of the site.
This 3 minute video examines why a return to the Gold Standard is not a viable idea today. This video is a part of a series (Part 3) on the Gold Standard and Fiat Money Standard. In it, the FED examines the pros and cons to a return to the Gold Standard and the impact on consumer purchasing power. This video aligns with EPF. 6
Querida, CO Mining Town. Western Mining History presents a brief summary of Colorado's Historical Mining Towns with links to additional Colorado resources for a mining town database and mines by county. Western Mining History is an historical site that provides information on mining, mining towns, the gold and silver rush, and Photos and maps of the western United States. This is a strong primary source resource that can be used for a variety of class research projects. Consider becoming a member or making a donation to help further the work of the site.
Children are surrounded – and targeted – by advertisements: on television, the computer, even on their journeys to and from school. Children need specific strategies for reading and talking about advertisements and their impact. Reading Ads with a Social Justice Lens is a series of 13 multidisciplinary mini-lessons that provide such strategies and build critical literacy. The lessons are designed for students in grades K-5 and include suggestions for simple adaptations. These lessons open up important conversations about the relationship between advertisements and social justice. Children will see that they have the power to decide how media will influence them. They will also engage in social justice projects that address some of the unfair messages they find in advertising.
A case for the analysis of externalities (social costs and benefits) in the context of recycling. Drawn from a program in New York City.
Red Cliff, CO Mining Town. Western Mining History presents a brief summary of Colorado's Historical Mining Towns with links to additional Colorado resources for a mining town database and mines by county. Western Mining History is an historical site that provides information on mining, mining towns, the gold and silver rush, and Photos and maps of the western United States. This is a strong primary source resource that can be used for a variety of class research projects. Consider becoming a member or making a donation to help further the work of the site.
Red Mountain Town, CO Mining Town. Western Mining History presents a brief summary of Colorado's Historical Mining Towns with links to additional Colorado resources for a mining town database and mines by county. Western Mining History is an historical site that provides information on mining, mining towns, the gold and silver rush, and Photos and maps of the western United States. This is a strong primary source resource that can be used for a variety of class research projects. Consider becoming a member or making a donation to help further the work of the site.
Redstone, CO Mining Town. Western Mining History presents a brief summary of Colorado's Historical Mining Towns with links to additional Colorado resources for a mining town database and mines by county. Western Mining History is an historical site that provides information on mining, mining towns, the gold and silver rush, and Photos and maps of the western United States. This is a strong primary source resource that can be used for a variety of class research projects. Consider becoming a member or making a donation to help further the work of the site.
This resource was customized to include local images that are more representativesDescribe different sociological models for understanding global stratificationUnderstand how studies of global stratification identify worldwide inequalities
A case based upon the environmental devastation of the Aral Sea that illustrates economic concepts of opportunity cost and social marginal cost.