Unit 2
Economic Models
If consumers were persuaded by Chick-fil-A to eat more chicken and less beef, would the cattle population increase or decrease? Be careful, the answer might not be obvious...
Class preparation
Read Ch. 2 "Economic Models"
Print out "U.S. Gov't Revenue Sources 2018" and bring to class!
Lecture topics
Factors of Production
Supply and Demand
Production Possibilities curve
Using Excel in class
U.S. Gov't sources of revenue
Report on your "Travel Budgets"
Activities
World Oil Supremacy - a classroom experiment on cartels and human behavior
Risk and Reward Game - a classroom simulation in stock & bond portfolio allocation
Homework (refer to class emails for due dates)
Read Ch. 2 "Economic Models"
Print out "U.S. Gov't Revenue Sources 2018" and bring to class!
Lecture topics
Factors of Production
Supply and Demand
Production Possibilities curve
Using Excel in class
U.S. Gov't sources of revenue
Report on your "Travel Budgets"
Activities
World Oil Supremacy - a classroom experiment on cartels and human behavior
Risk and Reward Game - a classroom simulation in stock & bond portfolio allocation
Homework (refer to class emails for due dates)
| 2._economic_models_homework_questions.docx |
| 2._yeti_coolers_assignment1.docx |
| Wall Street Journal article on YETI Coolers |
| Lecture slides from class |
Paying "Duck Dynasty" to feature your coolers on their show is a technique known as "Product Placement"
