Virginia Commonwealth University Center for Economic Education
Sep 07, 2022
3:00 am - 4:00 am
Trani Center for Life Sciences
1000 W. Cary St.
Richmond, VA 23284
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Grade Level: Post-high School
I visited Evelyn Nunes’ ECON 325 class to field test a lesson I wrote on environmental economics. In this lesson, students do a simulation that tests three different ways of responding to a negative externality. The externality is “noise” and the students are producing “words” in a game like Charades or Catch-Phrase. That is, they see how many words they can guess while trying to limit the amount of noise they create at the same time (measured with a cell phone deciblemeter). They test which method to limit noise and maximize production is best: Command and Control; Taxation; or Liability-plus-Bargaining.
One student reported: “That was fun… and I learned something!”
Fee: NO CHARGE
Instructor: Stephen Day and Evelyn Nunes
Contact Person:
Stephen Day
Center for Economic Education
Virginia Commonwealth University
(804) 828-1628
shday@vcu.edu
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Register for Lesson Field Test: VCU Environmental Economics Class
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