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.
This series of slides aids students in reviewing the determinants of supply …
This series of slides aids students in reviewing the determinants of supply and demand, provides an exercise for them to choose which of the curves shift and why, and allows them to determine which curve will shift given a market event.
Supply and demand are among the most fundamental concepts in economics. An …
Supply and demand are among the most fundamental concepts in economics. An understanding of these topics helps students better understand the economic world in which they live. This course includes three interactive lessons that introduce supply, demand and market equilibrium. This course uses a fictitious chocolate market to help explain the concepts.
This book is suited for the Entrepreneurship or Innovation course with an …
This book is suited for the Entrepreneurship or Innovation course with an emphasis on Sustainability or for a course devoted entirely to Sustainability.
What are the trends and forces underlying the changing character of the business-environment relationship? How they are creating significant entrepreneurial opportunities for individuals and companies? Around the world, the movement toward “sustainable development” has caused many firms to adopt policies and practices that reflect what is sometimes called a “sustainable business” or “triple bottom line” approach. “Triple bottom line” refers to the demonstration of strong performance across economic, social, and environmental indicators. Those measures serve as indicators of fiduciary responsibility to a growing set of concerned investors and therefore can help ensure access to capital. They also enable innovators to lower costs, create strategic differentiation, reduce risk, and position themselves for competitive advantage over rivals less attuned to trends.
The deep roots of sustainability thinking are now evident in widespread and increasingly visible activities worldwide, and Sustainability, Innovation, and Entrepreneurship explores this evolution; its necessity, its implications and its progression.
The primary goal of this course is to provide a toolset for …
The primary goal of this course is to provide a toolset for characterizing and strategizing how nonmarket forces can shape current and future renewable energy markets. The course approaches the exploration and explanation of key concepts in renewable energy and sustainability nonmarket strategies through evidence-based examples. Main topics for the course include: a sociological approach to markets, renewable energy markets, nonmarket conditions, complex systems analysis, and renewable energy technology and business environments. Because renewable energy costs are higher than fossil fuel cost per unit of energy, the main arguments in support of renewable energy, thus far, are functionally nonmarket in character, i.e., environmental (e.g., climate change), political (e.g., energy independence), and/ or social (e.g., good stewardship).
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.
Use these slides to demonstrate the shifting tax burden and changes in …
Use these slides to demonstrate the shifting tax burden and changes in tax revenue and deadweight loss when taxes are applied. Students have the opportunity to identify tax burden, revenue, and deadweight loss when slopes of supply and demand change.
Refund anticipation checks are often offered by tax preparers as a way …
Refund anticipation checks are often offered by tax preparers as a way to get your tax refund faster than normal—especially if you don’t have a bank account. Also, some check-cashing stores and payday lenders are able to issue refund anticipation loans. This video takes a look at the costs of these options and suggests some cheaper alternatives.
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.
This Western Mining History database uses Mineral Resources Data System to list …
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.
Telluride, CO Mining Town. Western Mining History presents a brief summary of …
Telluride, 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.
In this multidisciplinary lesson, students work in small groups ("work crews") while …
In this multidisciplinary lesson, students work in small groups ("work crews") while participating in a production activity. Students learn about competition, division of labor, and incentives. They also demonstrate how division of labor and incentives help lead to greater productivity.
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