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Insecure participation: experiments in a one-day introduction to economics, with revised experiments and exercises

Version 2 2024-06-18, 03:30
Version 1 2017-12-19, 16:18
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posted on 2024-06-18, 03:30 authored by C Geller
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. A third integrates supply, demand and equilibrium in a pit market with all students having 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 taking economics.

History

Pagination

1-53

Language

eng

Publication classification

CN.1 Other journal article

Copyright notice

2006, The Authors

Publisher

Deakin University, School of Accounting, Economics and Finance

Series

School Working Paper - Economic Series 2006 ; SWP 2006/32

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