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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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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Micro

Environmental Economist

The question, “Are you an environmental economist?” is a great discussion starter. Many students find economic solutions to environmental issues to be especially challenging because economists consider on trade-offs. An environmental economist focuses on the benefits and costs of environmental decisions, whereas an environmentalist views the benefits of saving the environment as greater than the cost. By posing this question at the beginning of this topic you’ll be able to introduce marginal thinking as an important decision-making rule.

Course Used: Principles of Micro
Quiz Nature: Discussion Starter
Question Length: 1
Estimated Time to Play: Less than 5 minutes with discussion.

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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.

This Kahoot! is publicly available.

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