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The following strategy was devised by Kim Marie McGoldrick, a Professor of Economics at the University of Richmond and co-founder of

Starting Point: Teaching and Learning Economics.

1. Provide students with an involved economic word problem.

2. Direct students to pull out the most important information from the problem (ideally the problem should consist of at least 6 important elements).

3. Tell the students to pair up.

4. One student should share three important elements and explain to their partner why they chose that information.

5. The other student should also share three important elements and explain their relevance (if the problem consists of more than 6 elements, have each partner responsible to the appropriate number of elements).

6. Finish class by presenting to the class all the important elements and why each element is essential.

For more information and a sample word problem Click Here