2.5: Assignments

Last updated
Save as PDF

Page ID: 48278

\( \newcommand{\vecs}[1]{\overset { \scriptstyle \rightharpoonup} {\mathbf{#1}} } \) \( \newcommand{\vecd}[1]{\overset{-\!-\!\rightharpoonup}{\vphantom{a}\smash {#1}}} \)\(\newcommand{\id}{\mathrm{id}}\) \( \newcommand{\Span}{\mathrm{span}}\) \( \newcommand{\kernel}{\mathrm{null}\,}\) \( \newcommand{\range}{\mathrm{range}\,}\) \( \newcommand{\RealPart}{\mathrm{Re}}\) \( \newcommand{\ImaginaryPart}{\mathrm{Im}}\) \( \newcommand{\Argument}{\mathrm{Arg}}\) \( \newcommand{\norm}[1]{\| #1 \|}\) \( \newcommand{\inner}[2]{\langle #1, #2 \rangle}\) \( \newcommand{\Span}{\mathrm{span}}\) \(\newcommand{\id}{\mathrm{id}}\) \( \newcommand{\Span}{\mathrm{span}}\) \( \newcommand{\kernel}{\mathrm{null}\,}\) \( \newcommand{\range}{\mathrm{range}\,}\) \( \newcommand{\RealPart}{\mathrm{Re}}\) \( \newcommand{\ImaginaryPart}{\mathrm{Im}}\) \( \newcommand{\Argument}{\mathrm{Arg}}\) \( \newcommand{\norm}[1]{\| #1 \|}\) \( \newcommand{\inner}[2]{\langle #1, #2 \rangle}\) \( \newcommand{\Span}{\mathrm{span}}\)\(\newcommand{\AA}{\unicode[.8,0]{x212B}}\)

The assignments in this course are openly licensed, and are available as-is, or can be modified to suit your students’ needs. Answer keys are available to faculty who adopt Waymaker, OHM, or Candela courses with paid support from Lumen Learning. This approach helps us protect the academic integrity of these materials by ensuring they are shared only with authorized and institution-affiliated faculty and staff.

The assignments and discussion for this course align with the content and learning outcomes in each module. If you import this course into your learning management system (Blackboard, Canvas, etc.), the assignments will automatically be loaded into the assignment tool.

Note that the Data Project Assignment is split into two parts and spans both Module 6 and Module 7. The Module 16 assignment presents two options, one that emphasizes topics from macroeconomics, and another that emphasizes concepts from microeconomics.

Module	Assignment	Discussion
1: Economic Thinking		Discussion: Is Economics a Science?
2: Choice in a World of Scarcity	Assignment: Guns or Butter?	Discussion: Making Irrational Choices
3: Supply and Demand	Assignment: Supply and Demand of Coffee	Discussion: Supply and Demand
4: Applications of Supply and Demand	Assignment: Price Controls After a Storm	Discussion: Price Controls
5: Elasticity	Assignment: Elasticity and Tuition	Discussion: Junk Food and Elasticity
6: Utility	Assignment: Maximizing Utility of Pizzas and Twinkies	Discussion: Utility and Government Policy
7: Production and Costs	Assignment: Production and Costs	Discussion: Diminishing Returns
8: Perfect Competition	Assignment: Independent Trucking Analysis	Discussion: Where’s the Competition in Perfect Competition?
9: Monopoly	Assignment: Price Discrimination	Discussion: Monopoly
10: Monopolistic Competition and Oligopoly	Assignment: Grocery Competition	Discussion: Oligopoly
11: Public Goods and Externalities	Assignment: Public Goods and OER	Discussion: Externalities and Public Goods
12: Labor Markets	Assignment: Workers and Wages	Discussion: Labor Markets
13: Income Distribution	Assignment: Inequality and Childcare	Discussion: Wealth and Income Inequality
14: Globalization and Trade	Assignment: Absolute and Comparative Advantage	Discussion: Absolute and Comparative Advantage
15: Exchange Rates and International Finance	Assignment: Exchange Rates and International Finance*Consists of either a microeconomics or macroeconomics-emphasis	Discussion: Global Currencies

Assignments. Provided by: Lumen Learning. License: CC BY: Attribution

Pencil Cup. Authored by: IconfactoryTeam. Provided by: Noun Project. Located at: https://thenounproject.com/term/pencil-cup/628840/. License: CC BY: Attribution