1. Economics and FUN Karsten Walker karstenwalker@alpinedistrict.org MVHS

3. Engaged Learning - Activities
Tennis Ball Activity – Marginal Utility
Rounds of Production – Cartels
Skittles and Math – Supply and Demand – Labor Markets
content/uploads/2014/06/high-school-economics- sample-lesson-13.pdf

5. Tennis Ball
Marginal Utility – Thinking on the Margin – Diminishing Marginal Utility

6. Production Costs & Diminishing Returns
Your aim is to transfer as many tennis balls as possible from one bucket to the other in 30 seconds. This process is then repeated with an additional or marginal worker added to the labor force each run. The work that each successive group completes constitutes one point on the production function. From this we will calculate the marginal and average products.
Rules:
No throwing of tennis balls.
Each of the balls must be placed in the 2nd bucket
Only one person may take balls out of the 1st bucket and only at a rate of one at a time
Each student must handle every ball on each run, the balls should be passed from hand to hand.
For every tennis ball that is moved from the 1st to the 2nd bucket $400 in participation points is earned. However, $200 is charged per worker and there is a $500 fixed cost for playing.
Cast your vote by predicting the number of workers (2,4,6, or 8) that will earn the highest profit. Each dollar of profit equals one participation point.

7. Demonstrating Diminishing Marginal Product
Online Stopwatch
Your aim is to transfer as many tennis balls as possible from one bucket to the other in 30 seconds. This process is then repeated with an additional or marginal worker added to the labor force each run. The work that each successive group completes constitutes one point on the production function. From this we will calculate the marginal and average products.
Rules:
No throwing of tennis balls.
Each of the balls must be placed in the 2nd bucket
Only one person may take balls out of the 1st bucket and only at a rate of one at a time
Each student must handle every ball on each run, the balls should be passed from hand to hand.
For every tennis ball that is moved from the 1st to the 2nd bucket $400 in participation points is earned. However, $200 is charged per worker and there is a $500 fixed cost for playing.
Cast your vote by predicting the number of workers (2,4,6, or 8) that will earn the highest profit. Each dollar of profit equals one participation point.

8. Excel File Tennis Ball Production $400/ball Q labor TP MPL 0 0 1 6 6
0 0
1 6 6
2 11 5
3 14 3
4 18 4
5 20 2
6 21 1

9. Memes

12. VIDEOS We the Economy https://wetheeconomy.com/
ACDC Economics Cliffordhttps://
EconPop
Drop Box – Econ Videos
Economist Raps

14. Class Debate
Economic Pros and Cons of Universal Pre-k Education - Social Impact or Benefit Bond – Pay for Performance
Opening Affirmative
Opening Negative
First Affirmative
First Negative
Second Affirmative
Second Negative
Break, Research, Preparation
Closing Arguments/Rebuttals

15. Gamification www.getkahoots.com user name MVHSMrWalker Quizlet
San Francisco – “Chair the Fed” Monetary Policy
education.org/chairthefed/WebGamePlay.html
Game Theory – Prisoner’s Dilemma

16. Checks for Understanding -
Exit Tickets
Think Pair Share – Mingle Pair Share
Writing Prompts
1 or 2 minute – quick writes
Sticky Note Storm
Quiz, Quiz, Trade
Flash
fun-alternatives-to-think-pair-share