Microeconomics: Projects

The Microeconomics Projects & Activities section provides hands-on exercises focused on businesses, consumers, and markets. Designed as a quick-reference tool, it reinforces learning with problem-solving tasks, data analysis, and case-based challenges. Whether exploring pricing strategies or competition, this resource applies theory to real scenarios.

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Unit 2: Microeconomics

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Assigned Projects:

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Title slide for a microeconomics project titled 'Using Determinants to Predict the Next Big Industry' with a photograph of financial data, graphs, and a magnifying glass analyzing stock market charts on a paper.
Slide titled 'Microeconomics - Topic 1: Demand,' featuring a woman in a store holding a product, with shelves of various personal care and household items in the background. The slide discusses a project called 'The Price Experiment: Would you still buy it?' about how price influences purchasing decisions, mentioning designing surveys, collecting responses, and analyzing results. It includes a section on concepts discussed, such as Law of Demand, Determinants of Demand, and Experiment, with grading on an includes mark scheme.
A page from a microeconomics project titled 'Grocery Store Wars: The Battle of Brands' features a photograph of miniature wooden figures representing consumers next to a green figure on one side and a red figure on the other, symbolizing competing brands. The page contains a description of the project comparing demand for two grocery products, discussing advertising, branding, and substitute goods, with sections on concepts discussed, including substitute goods, preferences, and comparing sources, and a grading box indicating inclusion of a mark scheme.

An industrial factory with machinery and conveyor belts, seen from an elevated perspective, used for supply chain and manufacturing.
Three farmers in a wheat field at sunset, inspecting crops and discussing supply issues.
A classroom slide on microeconomics titled "Why Do Old Trends Keep Coming Back?" Featuring a turntable, a pair of white headphones, and multiple cassette tapes on colorful yellow and pink backgrounds. The slide discusses the resurgence of retro products and market influences, with sections on concepts like determinants of supply, increasing supply, and a short report, and mentions a grading system that includes a mark scheme.

A classroom slide about Black Friday pricing strategies, showing a photograph of a woman shopping, with a red sale sign stating up to 70% off. The slide discusses how businesses adjust prices post-holidays, analyzing supply and demand, and concepts like equilibrium, surplus, and market shifts. It includes sections labeled 'Concepts Discussed' with tags for 'Adjusting to Equilibrium,' 'Surplus,' and 'Research Paper,' and a grading note marked 'Includes Mark Scheme.'
A shopping cart with a downward trending red arrow behind it, symbolizing declining grocery store sales.
An educational graphic about a cost and supply-demand experiment in microeconomics. It displays a balance scale with pink blocks labeled '$ DEMAND' on the left and blue blocks labeled 'SUPPLY' with a checkmark on the right, set against a yellow background. The top of the image includes the course information, topic, and title: 'The Price War Experiment: Simulating The Market'. Below the image, there is explanatory text about adjusting prices in a simulation, followed by sections on concepts discussed—surplus, shortage, equilibrium, and experiment—and grading, which includes a mark scheme.

A person points a TV remote control at a television screen displaying a blurry interface. The image is part of an educational project about elasticity of demand, specifically discussing the effect of Netflix subscription price changes on consumer demand.
A tram arriving at a pedestrian station with people waiting on the sidewalk, surrounded by green trees on a sunny day.
A digital poster on a blue background discussing the debate about insulin pricing in the U.S. It features a photograph of a syringe, a glass vial, a sealed vial, and several sugar cubes. The poster's header reads 'Microeconomics - Topic 4: Elasticities of Demand' and 'Debate: Should Insulin Cost This Much in the U.S.?'. The poster also includes sections on concepts discussed, grading, and a brief paragraph about the debate on insulin pricing.

Educational poster titled 'Microeconomics - Topic 5: Elasticity of Supply' with a subtitle 'How Quickly can a Business React to Supply Change?'. The poster features an image of stacked cargo containers and a world map in the background. It discusses supply elasticity and compares industries with flexible and rigid supply chains, mentioning concepts such as PES, determinants of PES, and investigation, along with a note about grade marking.
A man with a beard, wearing a baseball cap and plaid shirt, is looking at a farm field during sunset. The farm field extends into the distance, with sunlight illuminating the scene.
Two workers loading boxes into a delivery van outside a warehouse with shelves filled with boxes. The scene is labeled as part of a project on economic supply chains, discussing why products take time to restock.

Educational poster for a microeconomics project titled 'How Much Would You Pay for Your Everyday Needs?' showing a pink desk surface with a water bottle, smartphone, pen, open notebook, and a laptop. It discusses tracking prices of goods and calculating consumer surplus, with concepts like consumer surplus, calculating surplus, and survey. Grading highlights inclusion of a mark scheme.
A slide from a presentation on microeconomics, topic 6: Consumer & Producer Surplus, titled "Finding Consumer Surplus in Everyday Shopping." It includes a photo of two women shopping on a city street, carrying shopping bags. The slide discusses tracking prices of everyday goods to determine consumer surplus and how economic value varies among individuals. Concepts discussed include consumer surplus, calculating surplus, and experimentation, with a grading note on including a mark scheme.
A digital graphic on microeconomics comparing luxury versus necessities, titled 'Luxuries VS. Necessities: Who Gains More Surplus?' with a photo of a black handbag, a hairbrush, and black sunglasses against a pastel pink and blue background. The graphic includes text about analyzing consumer surplus in luxury versus essential goods, concepts discussed like producer surplus and calculating surplus, and grading with a 'Includes Mark Scheme' note.
A classroom slide about government intervention and the minimum wage issue, featuring a photo of miniature figurines of people and stacks of coins, symbolizing economic concepts.
A digital screen showing a project titled 'Should the Government Step in Drug Price Regulation?' for a microeconomics class. The image includes scattered hundred-dollar bills and white pills spilling from a medicine bottle. The project covers concepts like price ceilings, government response, and in-class debate, and is graded as including a mark scheme.
A woman and a young man in a barn or indoor farm setting, with cows in the background. The woman is pouring milk into a glass for the young man, who is smiling and wearing a green beanie and checkered shirt layered with a puffy vest.
Slide from a presentation on Microeconomics, Topic 8: Market Structures, titled "Perfect Competition: Does it Exist in the Real World?". Features three miniature businessmen standing on stacks of coins against a yellow background. The slide discusses investigating real-world examples of perfect competition through industries like agriculture or stock markets, comparing them to imperfect markets to evaluate market power and the possibility of perfect competition in actual business environments. Includes concepts discussed: perfect competition, business, research paper, and a grading note indicating it includes a mark scheme.
A coffee shop with several customers sitting at tables, engaged in conversations and enjoying their drinks, lit by natural light from large windows.
A menu board at a fast food restaurant with a counter and employees in uniforms in the background, out of focus.
A digital graphic showing a laptop with a rocket launching from the keyboard, symbolizing growth, with a red upward trending arrow and five bar graphs in white and blue on an orange background, illustrating profit increase.
Image of a formal dining table setting with wine glasses, a white plate, and a menu. The table is black, with a luxurious, elegant ambiance.
A presentation slide titled "The Startup Challenge: Can You Make a Profit?" with a graphic of a person pointing at a rising financial chart labeled "START" at the start and an upward arrow. The slide discusses running a profitable business, creating a hypothetical business plan, managing budget, costs, revenue, and profit, and strategies for early-stage survival. It also lists concepts discussed: profit, conducting cost-analysis, and experiment, with a grading note: includes mark scheme.
A park filled with people playing, walking, and relaxing on a sunny day, with lush green trees in the background.
A city skyline at night with tall buildings, brightly lit with colorful lights, near a body of water and mountains in the background.
A man wearing glasses and a blazer sits at a wooden table reading a newspaper titled 'Global News'. On the table, there is a cup of coffee, a spoon, and a smartphone. The background features a balcony with flowering plants.
A classroom slide titled 'Income Inequality in the World: Where is it Worst?' with a close-up of miniature businessmen figures sitting on stacks of coins, against a blurred world map background. The slide discusses income gaps across countries and concepts like measuring inequality and comparing sources.
A pink piggy bank, stacks of coins, a red upward arrow, a pink calculator, and a chart with colored bars on paper. The top of the image has text about conducting a 'Cost of Living' experiment related to income distribution and inflation. There are also labels and descriptions about concepts discussed, such as income inequality, labor market, and short video, with a grading note indicating it includes a mark scheme.