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Teaching Elasticity

On the agenda for February's EconEdChat were 3 questions:

  1. How can we help students to develop their evaluation?

  2. How can we ensure students have solid, flexible recall of knowledge?

  3. How can we teach elasticities effectively?

This post focusses on the third question, you can find the first here and the second here


Not many references for this one either!

I mention that I use Elasticity Scales to summarise all of the info, it's hard to explain but I meant this sort of thing:

Here is the crib sheet and a blank copy, but honestly most of the time I just say 'Sketch your elasticity scales' (usually when there's been a tech malfunction and I need to keep students busy for a few minutes while I sort it) and they just do it in on whatever scrap of paper they have around.

Yousuf mentioned that PES was everywhere at the minute. One example is toilet roll, there's a very short article with questions from Curious Economist here and a longer article here.

We didn't mention it this time, but in January, Jake kindly shared these calculation worksheets.

I have also made an Elasticity Murder Mystery, which is basically a souped-up* up version of a calculation worksheet. The download includes a printable paper version as well as a Google Form and a Microsoft Form template that you can just copy and set on Team/Classroom. If you haven't done all of the elasticities, you can just take that page out and it should still work. I've set up a new mailing list, (largely because I didn't realise I even had a mailing list until I found all of these people on it), and so if you sign up, you can download it for free. I'm hoping to use the list to start sending out my top pick of 5 resources/websites/articles/useful stuff each week, but feel free to immediately unsubscribe after getting the free download.

*turns out it's souped-up, not suped up, according to this reference. You learn something new every day.

Econ Ed Chat takes place the first Wednesday of the month at 6pm GMT. All welcome.


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