Securing participation : experiments in a one-day introduction to economics

Geller, Chris 2005, Securing participation : experiments in a one-day introduction to economics, in Innovation for student engagement in economics : proceedings of the eleventh Australasian Teaching Economics Conference : 11-12 July 2005, School of Economics and Political Science, the University of Sydney, School of Economics and Political Science, the University of Sydney, [Sydney, N.S. W.], pp. 35-51.

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Title Securing participation : experiments in a one-day introduction to economics
Author(s) Geller, Chris
Conference name Australasian Teaching Economics Conference (11th : 2005 :Sydney, New South Wales)
Conference location Sydney, New South Wales
Conference dates 11-12 July 2005
Title of proceedings Innovation for student engagement in economics : proceedings of the eleventh Australasian Teaching Economics Conference : 11-12 July 2005, School of Economics and Political Science, the University of Sydney
Editor(s) Cheung, Stephen L.
Publication date 2005
Conference series Australasian Teaching Economics Conference
Start page 35
End page 51
Publisher School of Economics and Political Science, the University of Sydney
Place of publication [Sydney, N.S. W.]
Summary Classroom experiments and exercises served as a one-day introduction to economics for students who felt insecure about taking first-year business classes. The first experiment addresses demand in isolation, while the second addresses supply. Supply, demand and equilibrium are integrated in a pit market in which all students have equal expected profits. A monopoly pricing exercise addresses market failure. Exercises use many incremental questions to reveal principles of microeconomics. Evaluations show that at the end of the program, students were familiar with economic results and concepts, and were more comfortable with talking economics.
ISBN 1864877278
9781864877274
Language eng
Field of Research 149999 Economics not elsewhere classified
HERDC Research category E1 Full written paper - refereed
Persistent URL http://hdl.handle.net/10536/DRO/DU:30005577

Document type: Conference Paper
Collection: School of Accounting, Economics and Finance
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