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jennifer.imazeki
Feeding students candy (experiment) Have students rate their happiness (utility) as they consume more and more chocolate. For larger classes, can be done with a sub-set of students as a demonstration for the rest of the class. Have students predict what will happen between rounds.   here are many ways to vary this activity with different goods…
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jennifer.imazeki
Exchange rates   (experiment)   Students are buyers of either domestic or foreign goods.
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Solina Lindahl
Hamilton's National Bank In this lesson from the Federal Reserve Bank of St. Louis, students participate in two rounds of a role play to help them understand the role of banks in facilitating economic growth through loans. Round 1 is conducted without a bank. After the first round, students read excerpts from Secretary of the Treasury Alexander…
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Solina Lindahl
Traditional vs. Shadow Banking Modern economies rely heavily on financial intermediaries to channel funds between borrowers and lenders. In this issue, the role of traditional banking is outlined and a parallel system—shadow banking—is explored. Article and follow-up questions are included.
in EconED Active
jennifer.imazeki
Trading with comparative and absolute advantage (cooperative learning, experiment) Students are separated into groups, representing different countries, and given worksheets with production information. One country has an absolute advantage in both goods. Groups choose resource allocations to maximize utility and then can trade with the other…
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