Applied economics
Case simulations Each case puts you in the decision seat. Choose an action, read what actually happens, then make the follow-up call — the same models from the chapters, used the way they are used in practice.
Price controls The rent-cap vote Your city council proposes a rent ceiling 20% below the current market rent for all existing apartments. You are the economist advising them. 2 decisions · Price ceilings · shortages · surplus Costs and competition Should the factory shut down? Your competitive factory sells at $8 per unit. Average total cost is $10, average variable cost is $7. The lease is paid for the year either way. 2 decisions · Marginal cost · shutdown rule · sunk costs Macro policy Recession on the desk Unemployment jumps to 8%, inflation falls to 1%, and output is below potential. You advise the finance ministry; the central bank's policy rate is 3%. 2 decisions · AD–AS · fiscal and monetary policy · lags 
Business League