Macro, Micro

Shifts vs Movement of Demand

Understanding the difference between a change in demand and a change in the quantity demanded is crucial to success in any principles course. This question will stump many of your students but not all. Pro tip: once the correct answer is revealed, ask one of your students to explain the answer!

Course Used: Principles of Micro
Quiz Nature: Discussion Starter
Question Length: 1
Estimated Time to Play: 15-20 minutes.

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Macro, Micro

Exam 1 Review — Introductory Material

This review from the University of San Diego covers foundations, comparative advantage, the PPF, and supply and demand.

Course Used: Principles of Micro
Quiz Nature: Exam Review
Question Length: 8
Estimated Time to Play: 12-15 minutes.

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Micro

Elastic Demand

The question is designed to test your students intuition for which goods have elastic or inelastic demand. By utilizing the three primary determinants of demand (number of substitutes, the share of the budget spent on the good, and the time frame for making a decision) you can explain why three answers are wrong and one is correct.

Course Used: Principles of Micro
Quiz Nature: Discussion starter
Question Length: 1
Estimated Time to Play: Anywhere from 2 to 5 minutes depending on how much follow-up is needed.

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Behavioral

Gift Giving

This poll question is a great way to begin a discussion on the deadweight loss of gift giving (Waldfogel, 1993). After surveying your class with this Kahoot play a short video from Adam Ruins Everything:

Ask your students if they think gift giving really creates deadweight loss or did Waldfogel’s analysis miss any crucial valuations.

Course Used: Principles of Micro
Quiz Nature: Discussion starter
Question Length: 1
Estimated Time to Play: Anywhere from 2 to 10 minutes depending on how much follow-up is needed.

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Micro

Elasticity and Taxes

This assessment question has two layers. First to answer the question correctly, the student must understand elasticity. Second, the student must understand that the tax burden is a function of the interplay between the price elasticity of demand and the price elasticity of supply. Unless your students are well-prepared and already understand this concept well, it is a good idea to illustrate the correct answer graphically to reinforce understanding.

Course Used: Principles of Micro
Quiz Nature: Discussion Starter
Question Length: 1
Estimated Time to Play: Anywhere from 2 to 10 minutes depending on how much follow-up is needed.

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Micro

Exam 2 Review

This review from the University of San Diego covers elasticity, price controls, deadweight loss and taxation, and externalities and public goods.

Course Used: Principles of Micro
Quiz Nature: Exam Review
Question Length: 10
Estimated Time to Play: 15-20 minutes.

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Behavioral

Framing

This question recreates one of the classic behavioral findings about framing. When confronted with a choice that has the same expected probability, people are often swayed by the way the choices are presented. Would you rather have a 10% chance of mortality or would you rather have a 90% chance of survival are the same but, not surprisingly people predictably choose a 90% chance of survival.

Course Used: Principles of Micro
Quiz Nature: Discussion Starter
Question Length: 1
Estimated Time to Play: Less than 2 minutes.

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Macro, Micro, Public Kahoots

Production Possibilities Quiz

This quick short quiz starts easy and gets harder for most students. It is best to play this Kahoot after going through the PPC thoroughly. Most students miss question 4 on whether unemployment shifts the PPC in or not.

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Course Used: Principles of Micro, Principles of Macro
Quiz Nature: Concept Review
Question Length: 5
Estimated Time to Play: Less than 10 minutes.