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Sample JiTT WarmUps with Student Responses:
Microeconomic Concepts
Below
are a variety of JiTT exercises covering microeconomic concepts.
In many cases the exercise includes not only the JiTT
warmup question (Q) but also associated student
responses (SR) and classroom activities (CA).
The files are in Adobe Acrobat
format.
|
| Concept |
Brief
Description |
JiTT
Link |
| Elasticity |
Explanation
of elastic metaphor
|
See the JiTT
(Q, SR, CA)
|
| Elasticity |
Calculation
of elasticity based on personal experience
|
See the JiTT
(Q, SR, CA)
|
| Elasticity |
Example of
income elasticity from Bureau of Labor Statistics web
site
|
See the JiTT
(Q, SR, CA)
|
| Net
Present Value |
Online
calculator to compute net present value
|
See the JiTT
(Q, SR, CA)
|
| Costs
of Production |
Student
stories about marginal costs and average total cost
|
See the JiTT
(Q, SR, CA)
|
| Costs
of Production |
Student
examples of economies of scale
|
See the JiTT
(Q, SR, CA)
|
| Costs
of Production |
Matching
case studies with cost rules
|
See the JiTT
(Q, SR, CA)
|
| Costs
of Production |
Student
examples of implicit and explicit costs
|
See the JiTT
(Q, SR, CA)
|
| Game
Theory |
Online
prisoner's dilemma
|
See the JiTT
(Q, SR, CA)
|
| Monopoly |
Developing
science fiction story on air monopoly
|
See the JiTT
(Q, SR)
|
| Market
Power |
Analyze
concentration ratios using U.S. Census data
|
See the JiTT
(Q, SR, CA)
|
| Market
Power |
Explain the
results of a reduction in the number of sellers in a
market
|
See the JiTT
(Q, SR, CA)
|
| Market
Power |
Analyze
cases from the U.S. Department of Justice
|
See the JiTT
(Q, SR, CA)
|
| Market
Power |
Analyze
textbook quotes on market power importance
|
See the JiTT
(Q, SR, CA)
|
| Taxes |
Analyze tax
incidence
|
See the JiTT
(Q, SR, CA)
|
| Financial
Markets |
Analysis of
stock market games
|
See the JiTT
(Q, SR, CA)
|
| Financial
Markets |
Reading bond
market reports
|
See the JiTT
(Q, SR, CA)
|
| Labor
Markets |
Is
technology good for workers?
|
See the JiTT
(Q, SR, CA)
|
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