Economic experiments allow the K-12 teacher to promote active learning that is also rigorously grounded in economic theory. In an experiment students test for themselves the economics they hear in lectures and read in their textbooks. The authors have found that working through the existing...

A classroom experiment is an effective device to introduce and illustrate new economic concepts. This paper describes the author's experience implementing the classic double oral auction experiment in a high school computer lab, in four classes, with students trading in a virtual market for...