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Bill Hooper

Economics Interactive Tutorial: Elasticity - 0 views

  • In each of the following examples, choose whether you would expect demand to be elastic or inelastic. In none of these examples will the demand be as elastic as the demand for gasoline at a particular gas station on a street with many gas stations. Drivers will flock to a gas station with a price a few pennies below its neighbors' prices, and will abandon a gas stations with a price a few pennies higher. Choose "Elastic demand" if you think that buyers will buy somewhat less if the price goes up, or somewhat more if the price goes down. Choose "Inelastic demand" if you think that the buyers will buy about the same amount if the price goes up or down. An unconscious bleeding man is brought to a hospital emergency room. A patient is given a presciption for a drug to control high blood pressure. The patient's insurance doesn't cover drugs, so the patient must pay out of pocket. A hospital in-patient has insurance that will pay all charges. What would the demand be like for nurse-administered propoxyphene (Darvon), a pain-reliever? A senior signs up with a managed care plan to get the Medicare drug benefit. Even though the senior is locked in for a year, the plan can, at any time, change which drugs it will pay for, based on the plan's judgement about a drug's effectiveness and price relative to other drugs that do about the same thing. For members of that plan, what might the demand for the Darvon be like? Darvon's cheapest alternative might be acetomenophen (Tylenol) in this case. A family has a high-deductible health insurance policy. The effect is that the family pays for primary care office visits out of pocket. Now, one of their children has an earache. What would their demand be like for an office visit to get this checked out? In general, if the decision-maker has an incentive to spend less on some product and if there is an adequate substitute for that product, then demand is more ...
    • Bill Hooper
       
      This area is a perfect tool for the student to self-assess whether or not he/she grasps the concept of elasticty. The student reponds to each scenario and is provided with an immediate solution to confirm their answer.
  • Health Savings Accounts -- The Best Way to Make Demand More Elastic?
    • Bill Hooper
       
      This section would be the perfect way to take the concept of elasticity and apply it to a current event. It could also be an excellent prereading for a discussion or blog.
  • Elasticity
    • Bill Hooper
       
      This initial section provides a nice summary of elasticity and would be useful to assign as a reading to provide background at the beginning of the module.
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    • Bill Hooper
       
      Terrific website to use as part of a short unit on elasticity. It provides all the basic background information, provides a self-assessment, and applies it to a current event. Students should have no trouble getting some good information out of this site.
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    This is a very cool interative activity for students to use in their learning about the concept of elasticity.
Gary Bedenharn

What Are the Outer Planets? The Gas Giants of Our Solar System. - 0 views

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    Brief facts on the outer planets.
Gary Bedenharn

The Outer Gas Giant Planets - P1 - YouTube - 0 views

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    Video describing the outer planets properties.
Gary Bedenharn

Planet Facts.net - 0 views

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    Facts about all the planets.
Lisa Martin

Curiosity and Innovation - 0 views

  • A similar example occurs while learning to drive a car. Our conscious mind must be aware of three pedals, gas, brake and clutch. Also important are the rear view mirror and the steering wheel as well as what is in front of us. We learn to synchronize these complex movements and actions with great effort and attention. But in time, our mind frees the conscious mind from this effort, and we drive without thinking about it. Have you never experienced being it distracted and talking while driving and when you arrive at your destination you cannot remember the route you followed?
  • This illustrates the process of learning as: curiosity or interest, understanding, memorizing and internalizing. Through these steps learning moves from the conscious to the unconscious mind, freeing up conscious memory and energy; in other words you internalize the learning. Internalization of knowledge is an essential part of knowledge itself. What is internalized has great impact on future behavior and beliefs.
  • But, real learning only occurs when, motivated by curiosity, the person constructs knowledge by seeking those materials, techniques, concepts, methods and elements, which can produce her own internal theories that then undergo testing and are subsequently internalized. This is the never ending search for knowledge driven by the innate curiosity of human beings.
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    The internalization of knowledge
b malczyk

Online-Education Trend Will Leave Many Students Behind | TIME Ideas | TIME.com - 0 views

  • could actually widen the learning ga
  • “give everyone access to the world-class education that has so far been available only to a select few
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  • ...8 more annotations...
  • democratize learning
  • although the content is free now, it’s unlikely that it will remain that way for long.
  • schools plan to make a profit
  • omputer-aided instruction will actually widen the gap between the financially and educationally privileged and everyone else, instead of close it.
  •  only 35% of households earning less than $25,000 have broadband access to the Internet, compared with 94% of households with income in excess of $100,000. 
  • only half of black and Latino homes have Internet connections at all, compared with almost 65% of white households.
  • , many blacks and Latinos primarily use their cell phones to access the Internet, a much more expensive and less-than-ideal method for taking part in online education.
  • If we really want to democratize education, finding creative ways to realistically open up colleges to different communities will do more to help than a model that, despite its stated intentions, is more beneficial for students who are already wealthy, academically prepared and highly motivated.
Amy M

Ebook Trends: Info Pros Perspectives - 1 views

shared by Amy M on 08 Jun 12 - No Cached
  • What we’re using now to facilitate the delivery of electronic content is broken. The current methods are very ex
  • e’re broke: How many of you have indoor basketball courts in your library? Overdrive does. 300% is as bad as it’s gonna get: It’s going to get worse before it gets better. It has to be so bad that the public starts to roar. If gas prices went up 300% there would be riots in the street The publishers are forcing us to prevent you from owning these. Sarah has talked to the publishers – they actually don’t care.
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    using ebooks in a librarian, current trends in finding information
Hedy Lowenheim

How Do I Invest? | Beginning Investing - 4 views

  • What is investing?Any time you invest, you're devoting your own time, resources, or effort to achieve a greater goal. You can invest your weekends in a good cause, invest your intelligence in your job, or invest your time in a relationship. Just as you undertake each of these expecting good results, you invest your money in a stock, bond, or mutual fund because you think its value will appreciate over time.
    • Hedy Lowenheim
       
      Very useful site for my course in personal finance. The site explains personal finance in very simple terms. Most anyone should be able to relate to how the information on investing is presented. Great information on topics such as investing, goal setting, active and passive management, etc., that correspond to many of my course's learning objectives.
  • Planning and setting goalsInvesting is like a long car trip: A lot of planning goes into it. Before you start, you've got to ask yourself: Where are you going? (What are your financial goals?) How long is the trip? (What is your investing "time horizon"?) What should you pack? (What type of investments will you make?) How much gas will you need? (How much money will you need to reach your goals? How much can you devote to a regular investing plan?) Will you need to stop along the way? (Do you have short-term financial needs?) How long do you plan on staying? (Will you need to live off the investment in later years?
    • Hedy Lowenheim
       
      The car trip analogy that the authors use in this article for planning & setting personal financial goals, is something everyone can relate to. This gave me some excellent ideas that will definitely be of use to me in my course since financial goal planning is another one of my learning objectives. I felt that the car trip analogy used on the site will assist with understanding the planning that goes into creating medium and short term goals was brilliant, and something everyone should be able to relate to. Creating medium and short term goals are also learning objectives in my course, (module 3). It should be an excellent way to engage students, since most everyone travels and has to put energy into planning out their trips, for example what to bring on the trip, how long it will take, how many stops there will be along the way, etc.
    • Hedy Lowenheim
       
      Another one of my learning objectives is understanding cash management and cash flow and having the students understand how important it is to save, and put that money to work. Site has some very useful examples on how to save and put away money automatically in a disciplined fashion.
  • Active and passive strategiesThe two main methods of investing in stocks are called active and passive management, and the difference between them has nothing to do with how much time you spend on the couch (or the exercise bike). Active investors (or their brokers or fund managers) pick their own stocks, bonds, and other investments. Passive investors let their holdings follow an index created by some third party.
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    • Hedy Lowenheim
       
      Another one of my learning objectives is understanding the difference between active and passive management. This site will definitely be helpful in refining some of the learning objectives in my course. It might also be a good site to post a link to for more information on specific person investing topics.
    • alexandra m. pickett
       
      how will you use this resource in your course, Hedy?
    • Hedy Lowenheim
       
      Alex I plan on using this Motley Fools web site which focuses on investment basics since the personal investing terms and strategies are presented very clearly, simply and with humor and relate directly to learning objectives in my modules; such as active and passive strategies in relation to investing (module 6), cash management/cash flow (module 2), and short and medium goal planning (module 3). The site will be an excellent resource for the students. This will also introduce them to the Motley Fool web site which should be helpful to them throughout the course and afterward. I felt that the car trip analogy used on the site to help understand the planning that goes into creating medium and short term goals was brilliant and something everyone should be able to relate to. Creating medium and short term goals are also learning objectives in my course, (module 3). It should be an excellent way to engage students, since most everyone travels and has to put energy into planning out their trips, for example things like what to take on the trip, how long it will take, how many stops there will be along the way, etc. I added some comments under the highlighted areas in Diigo with sticky notes (you should also be able to view them on the site) that reference a few of my learning objectives. By the way, I did find some useful sites on Merlot & OER, but many of linked to PDF files. A link on Merlot led me to the Motley Fools web site. I hope this helps! Hedy
    • alexandra m. pickett
       
      this looks great Hedy! thanks! not sure what you meant by the comment about pdfs. you should be able bookmark pdfs... : )
    • Hedy Lowenheim
       
      I am under the impression that you cannot highlight text & create sticky notes in PDFs (just tested again), that was why I was having a hard time finding an acceptable site for the assignment in Merlot, most were PDF files. I guess I could have bookmarked them in Diigo and entered my comments write on the Diigo site instead of on the actual URL. I was thrilled once the Merlot site linked to the Motley Fool site!
    • alexandra m. pickett
       
      ahhh. yes, that is true, put you can bookmark the resource, and annotate it on the diigo site - exactly as you describe! just wanted to be sure you knew that : )
    • Hedy Lowenheim
       
      I thought you might have wanted us to do highlighting and sticky notes for the assignment and right from the actual URL site. I must say that in the past 24 hours I have became much more familiar with Diigo, sink or swim, but I still need to work with it. Love the tool! Will we have access to Diigo after the course? Thanks and get some rest!!
    • alexandra m. pickett
       
      yes. i want to be sure you can use this tool, so i am glad you persisted!! and i am really glad you love the tool. me too! yes you will have access to this group and this tool beyond the end of the term. that is one of the reasons i use the tool!
    • Hedy Lowenheim
       
      Excellent!! Be great if students continue to use it. Looks like these messages b/t us are not for public viewing. Is that a setting you turned on? I know there is public/pvt setting for sticky notes when you first create one (that's what was giving a bunch of students issues), but I do not see that setting on these notes. Hope this makes sense. Thanks& hope swimming is going well! Hedy
alexandra m. pickett

WebElements Periodic Table of the Elements | Sodium | Essential information - 0 views

  • Soap is generally a sodium salt of fatty acids.
    • Kimberly Barss
       
      Each element's description is loaded with great information! Scroll down to see a picture of sodium and the color in which it burns (very pretty!)
    • alexandra m. pickett
       
      This is great kim!! : )
  • The result of adding different metal salts to a burning reaction mixture of potassium chlorate and sucrose.
    • Kimberly Barss
       
      click the video above to play. The video shows a (brief) demonstration of that colors that different metals burn...beautiful...Relating this to teaching and learning: students (and teachers!) are much more engaged with proper and frequent use of attention-grabbing media. I am a visual person and I know that my classroom also has visual learners. I can describe things in text or verbally until I am blue in the face, but SEEING these things in photos or on videos is what sets it apart and commits them to memory. Above is a picture of sodium in its natural state as a metal...I try to emphasize this to my students since often the examples we use in class is sodium chloride, or table salt. A silver metal bonded to a noxious green gas combines to make table salt. That's a hard thing to imagine for anyone, so I show them using this resource. I LOVE webelements.
  • burning mixture of potassium
    • Kimberly Barss
       
      below is a fabulous chemistry joke!
    • Kimberly Barss
       
      for more comments, please return to the home page, click "Pictures" in the tabs at the top and click on "Cl"
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