Mayor's Dilemma
Choose policy incentives and examine how citizens respond when the rules change.
Open activityAct I · Building the Stage · Module 01
Founding Marginal Falls
Scarcity, incentives, and economic thinking
35 slides · Hubbard & O'Brien, chapter 1 & 2.
The story
Where this fits in Marginal Falls
Marginal Falls has ambitious plans for parks, homes, roads, and festivals, but limited land, time, and money. The founding decisions introduce the economic problem that runs through the course: choosing among desirable uses of scarce resources.
A question to take into class
When the mayor changes a rule, why might citizens respond differently from what the mayor intended?
From the slides to the classroom
Activities used in this module
Riverside Choice
Allocate scarce riverfront land between parks and apartments and weigh trade-offs at the margin.
Open activityActivities open at marginalfalls.com. Students join using the room code supplied by their instructor.