Pricing with Market Power on November 16, 2019 in Denver

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Pricing with Market Power on November 16, 2019 in Denver

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Pricing with Market Power
November 16, 2019 | Denver | Accredited

Why do movie tickets for children cost less than those for adults? Why does Costco charge lower prices per item for buying larger quantities in bulk? What makes Barbie like an HP printer? The answers to these questions involve pricing with market power – how to increase profits using different pricing strategies. As consumers, we encounter them every day. Students love to think about pricing strategies and they often come up with interesting examples from their own experience. This material builds upon what students learn about perfect competition and monopoly, but can also be understood without formal models beyond supply and demand curves. Connections to Economics and PFL throughout the K-12 standards.

Grades: Secondary Teacher Focus (grades 6-12)
Location: Denver, TBD
Time: 8:30 am to 4:00 pm
Fee: $25 class fee*
Optional Credit: ½ UCCS ECON 6310 or 6320 Graduate Credit Hour, $50. Credit is good for Certificate in Economic Education or in Personal Financial Literacy Education, but not both.
Faculty: Mark Smith, Ph.D., Colorado College; and mentor teacher Ken Benson, Niwot High School, Niwot
Includes: Light breakfast, lunch

$50 & $100 Teacher Travel Stipends Are Available

Economic Literacy Colorado is offering a travel stipend for active COLORADO teachers. Fill out a form (provided at the class) and we will send you a check upon mileage verification. Receive $50 when you drive over 75 miles one way or $100 when you drive over 200 miles one way. One stipend per carpool please.
REGISTRATION GUIDELINES: We try to identify the best fit for our open enrollment classes, usually by the kinds of resources and pedagogy included in the class. However, it is our STRONG belief that the content from any of these classes is valuable for the professional development of any teacher, will enhance the understanding of ALL teachers, and will inspire creative applications in individual classrooms. We encourage teachers of all grade levels to attend any of our classes.
*REFUND POLICY: Registration cancellations must be requested 10 business days prior to the class start date; otherwise registration fees will be forfeited.