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2000 Midterm I + Solutions
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Midterm examination for a class at MIT covering game theory and its applications to economics. The one-hour-and-twenty-minute open book examination asks open ended theoretical questions. The exam contains questions and solutions.

Subject:
Economics
Mathematics
Social Science
Material Type:
Assessment
Provider:
TeachingWithData.org
Provider Set:
TeachingWithData.org
Author:
Massachusetts Institute of Technology
Muhamet Yildiz
Date Added:
11/07/2014
2014 CAR Management Briefing Seminars
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This resource contains presentations from the Center for Automotive Research (CAR) 2014 Management Briefing Seminars held August 4-7, 2014. With attendees from industry, government, media, and academia, the event featured outstanding presentations from industry thought leaders as well as various networking and social events. Using CAR research as a foundation, these seminars revolved around the most important issues facing the automotive industry today: manufacturing, powertrain, sales forecasting, connected and automated vehicles, purchasing, talent, and supply chain.

Subject:
Applied Science
Automotive Technology and Repair
Career and Technical Education
Technology
Material Type:
Case Study
Data Set
Diagram/Illustration
Lecture Notes
Lesson Plan
Provider:
Center for Automotive Technology - Macomb
Provider Set:
Center for Advanced Automotive Technology
Author:
Center for Automotive Research (CAR)
Date Added:
08/04/2014
ALTERNATIVE WAYS OF SHARING GOODS AND SERVICES
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CC BY-NC-ND
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This assignment is about exploring alternative ways of sharing goods and services and understanding the benefits, drawbacks, and implications of these methods. Students are asked to choose one of seven non-market distribution methods, such as majority rule, contests, force, first-come/first-served, sharing equally, lottery, and personal characteristics, and observe how it is implemented in real-life scenarios. They need to explain the distribution method, who benefits from it, who is excluded, and the advantages and disadvantages of using it. Students also have to find a real-life example of the chosen non-market distribution method, describe how it is used, and assess its fairness and efficiency. Lastly, they are required to include a citation and ensure their submission is no less than 180 words and comprises a list of cited works. The goal of the assignment is to better understand how goods and services are distributed and how these methods affect different groups of people.

Subject:
Cultural Geography
Economics
Finance
Marketing
Political Science
Psychology
Reading Informational Text
Material Type:
Homework/Assignment
Lesson
Module
Reading
Author:
Benjamin Troutman
Date Added:
03/13/2023
Advertising: Dollars and Decisions
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CC BY-NC-ND
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Consumers see or hear thousands of advertisements each day. The April 2017 issue of Page One Economics: Focus on Finance reviews advertising history and strategies ads use to create demand and influence consumer tastes and preferences.

Subject:
Business and Communication
Economics
Finance
Social Science
Material Type:
Lesson
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Page One Economics
Author:
Jeannette Bennett
Date Added:
09/11/2019
Afghan Poppies, Climate Change and War: Thinking Systemically About Us and Them
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CC BY-NC-SA
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This contemplative practice inquires into the complex web of interdependencies linking global climate change, the War on Terror, Afghan poppy production, opiate addiction, and food security through the lens of systems theory. The exercise challenges students to consider these linkages not only conceptually but also somatically and emotionally.

(Note: this resource was added to OER Commons as part of a batch upload of over 2,200 records. If you notice an issue with the quality of the metadata, please let us know by using the 'report' button and we will flag it for consideration.)

Subject:
Applied Science
Environmental Science
Material Type:
Activity/Lab
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Teach the Earth
Author:
Karen Litfin
Date Added:
12/01/2021
The Aggregate Demand and Aggregate Supply Model
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Short explanation with graphical quiz to check understanding, on the changes in aggregate demand, short run aggregate supply and long run aggregate supply and the things that can change them.

Subject:
Economics
Social Science
Material Type:
Diagram/Illustration
Provider:
TeachingWithData.org
Provider Set:
TeachingWithData.org
Author:
Denis Kaufman
University of Wisconsin-Parkside
Date Added:
11/07/2014
Airplane Production: A Law of Diminishing Marginal Product Exercise
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CC BY-NC-SA
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Classroom experiment illustrating the law of diminishing marginal productivity through the production of paper airplanes.

Subject:
Economics
Social Science
Material Type:
Activity/Lab
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Pedagogy in Action
Author:
Tisha Emerson
Date Added:
11/06/2014
American Consumer Culture
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CC BY-NC-SA
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This class examines how and why twentieth-century Americans came to define the ‰ŰĎgood life‰Ű through consumption, leisure, and material abundance. We will explore how such things as department stores, nationally advertised brand-name goods, mass-produced cars, and suburbs transformed the American economy, society, and politics. The course is organized both thematically and chronologically. Each period deals with a new development in the history of consumer culture. Throughout we explore both celebrations and critiques of mass consumption and abundance.

Subject:
Arts and Humanities
History
U.S. History
World Cultures
Material Type:
Full Course
Provider:
MIT
Provider Set:
MIT OpenCourseWare
Author:
Meg Jacobs
Date Added:
02/16/2011
Analyzing the Last Five Years of the US Economy for an Intermediate Macro Course
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CC BY-NC-SA
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Intermediate students are asked to analyze data on the components of consumption and investment expenditures and explanatory variables based on textbook models of each. Students look for rough correlations between the explanatory and dependent variables.

Subject:
Business and Communication
Economics
Social Science
Material Type:
Activity/Lab
Homework/Assignment
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Quantitative Writing (SERC)
Author:
Steven Greenlaw
Date Added:
08/28/2012
Application of oral history to economics: Family Economic History
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CC BY-NC-SA
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Application of Oral History to Economics: Family Economic History The assignment will connect an oral history approach to the examination of economic concepts such as opportunity cost of attending school, economic crises (inflation and unemployment, etc.), and standard of living over time. Particularly, students will interview parents, grandparents, or family members from older generations regarding the types of work they performed, economic decisions they have made, and the economic conditions while they were growing up. The project develops a student's ability to understand and integrate these concepts from a variety of perspectives and real world situation.

Subject:
Economics
Social Science
Material Type:
Activity/Lab
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Pedagogy in Action
Author:
Manijeh Sabi
Date Added:
11/06/2014
Are the Greeks Villains if They Default on Their National Debt?
Unrestricted Use
CC BY
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What happens when governments default on their debts? In this video, Professor Garrett Jones of George Mason University uses the Greek government debt crisis to explain what happens when governments default on their debts and why it's not always a bad thing.

Subject:
Economics
Social Science
Material Type:
Lecture
Provider:
Institute for Humane Studies
Author:
Garrett Jones
Date Added:
10/31/2017
Ayn Rand: A Leading Lady of the Classical Liberal Tradition
Unrestricted Use
CC BY
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How should we understand Ayn Rand’s political philosophy? In this video, Professor Jennifer Burns of the University of Virginia argues that Rand belongs to the classical liberal tradition.

Subject:
Political Science
Social Science
Material Type:
Lecture
Lesson
Provider:
Institute for Humane Studies
Author:
Jennifer Burns
Date Added:
04/16/2011
Basic Monte Carlo Simulation for Beginning Econometrics
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CC BY-NC-SA
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Beginning econometrics students often have an uneven preparation in statistics. The simulation gives students a clearer understanding of the behavior of OLS estimators.

Subject:
Business and Communication
Economics
Social Science
Material Type:
Activity/Lab
Simulation
Teaching/Learning Strategy
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Teaching and Learning Economics (SERC)
Author:
Betty J. Blecha
Date Added:
08/28/2012
Bayard Rustin: A Freedom Budget, Part 1
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Educational Use
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This audio excerpt captures the beginning of Bayard Rustin's 1967 "Freedom Budget" speech, describing the social and economic impact of racism over time.

Subject:
Economics
History
History, Law, Politics
Social Science
U.S. History
Material Type:
Activity/Lab
Provider:
PBS LearningMedia
Provider Set:
PBS Learning Media: Multimedia Resources for the Classroom and Professional Development
Author:
Birmingham Civil Rights Institute
Institute of Museum and Library Services
WGBH Educational Foundation
Washington University in St. Louis
Date Added:
05/06/2004
Beatrice's Goat
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CC BY-NC-ND
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In this lesson, students listen to a story about Beatrice, a little girl from Uganda, who receives a goat and the impact of that goat on her family. They learn what it means to save and use estimation to decide whether or not people have enough money to reach a savings goal. They also work through a set of problems requiring that they identify how much additional money people must save to reach their goals. Students learn what opportunity cost is and identify the opportunity costs of savings decisions made by Beatrice and her family.

Subject:
Economics
English Language Arts
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Bonnie Meszaros
Mary C. Suiter
Date Added:
09/11/2019
A Beautiful Mind: Using Media to Teach Economics
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CC BY-NC-SA
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A Beautiful Mind won the Academy Award for best picture in 2001 and it chronicles the life of John Nash who is noted for his pioneering work on general equilibrium theory. This scene is a great way to discuss self-interest and contrast it with the social optimum. Nash's work has augmented Adam Smith's "invisible hand" theory by extending how self-interest is modeled. This scene is must viewing even though the scene itself contains flawed economics (explaining why the scene is NOT a Nash equilibrium helps students learn the concept in greater depth).

Subject:
Economics
Mathematics
Social Science
Material Type:
Activity/Lab
Lecture
Provider:
Science Education Resource Center (SERC) at Carleton College
Provider Set:
Starting Point (SERC)
Author:
Dirk Mateer
Date Added:
08/28/2012
Big Plans and Mega-Urban Landscapes
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CC BY-NC-SA
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This course explores the physical, ecological, technological, political, economic, and cultural implications of big plans and mega-urban landscapes in a global context. It uses local and international case studies to understand the process of making major changes to urban landscape and city fabric, and to regional landscape systems. It includes lectures by leading practitioners. The assignments consider planning and design strategies across multiple scales and time frames.

Subject:
Applied Science
Engineering
Environmental Science
Political Science
Social Science
Material Type:
Full Course
Date Added:
07/14/2022
Boom Town
Unrestricted Use
Public Domain
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A family moves into an unpopulated area. With the ingenuity of one young girl, a town is established and grows. The idea of supply and demand is evident in this story. The businesses in town grow to include a tanner, a cooper, a miller, a blacksmith and a laundry.

Subject:
Arts and Humanities
Economics
Literature
Social Science
Material Type:
Lesson Plan
Unit of Study
Provider:
Basal Alignment Project
Provider Set:
Los Angeles District
Author:
Sonia Levitin
Date Added:
09/01/2013
Boundless Economics
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CC BY-SA
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This catalog contains educational content originally curated by Boundless. In collaboration with the Boundless team, Lumen Learning imported these OER courses to the Lumen Platform, to ensure they remain freely available to the education community after Boundless ceased operations. Lumen maintains the Boundless content in the same condition it was provided to us. Courses may contain issues with formatting, accessibility, and the degree to which content remains current, accurate, and complete.

Subject:
Economics
Social Science
Material Type:
Textbook
Date Added:
12/03/2019