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Curated OER
Chapter 21: Consumer Behavior and Utility Maximization
Who knows why consumers act the way they do? After viewing this presentation, your class will - and they will also know how to optimize consumer behavior. Prepare your young captains of industry for their place in the world of business...
Curated OER
The Rising Cost of Health Care: Is there an explanation?
Twelfth graders explore rising health care costs and the Law of Diminishing Marginal Utility. They participate in an activity that demonstrates the Law of Diminishing Marginal Utility. Students read the may 27, 2005 Economic Letter and...
Curated OER
Spraying Strawberries
Students examine the concept of dimishing marginal productivity. They role play the role of a farmer who has to decide how many times to spray his strawberry crop. They complete a chart and discuss the results.
Curated OER
Spraying Strawberries
Students decide how many times to spray a strawberry crop. They apply marginal analysis and discover the "law of diminishing returns."
Curated OER
Marketing Occupations
Students identify and explain the variables effecting supply and demand in the marketing industry. Then they define the terms supply and demand and graph supply and demand curves on a standard grid. Students also formulate what happens...
Curated OER
The Great Depression
Students use Using specific examples, compare and contrast how President Hoover and President Roosevelt responded to the Great Depression through relief, recovery and reform. They evaluate whether their attempts were successful.
Council for Economic Education
Econ Ed Link: Utility
Can happiness be measured? Students will learn how utility relates to economic decision making and the law of diminishing marginal utility.