This classroom experiment allows students to explore pricing strategies available to the monopolist. Students are given full information about their costs but know nothing about demand except that it is simulated by the instructor. They submit their price-asked and quantity-offered records on...

The University of Saskatchewan (U of S) offers 2 courses in agribusiness planning where students form groups of 3 or 4 and prepare a complete business plan for an actual or planned agribusiness. Individuals or groups wishing to have a agribusiness plan completed can apply to the U of S and a...

This experiment demonstrates principles of decision-making in dynamic oligopolies, especially the difficulties in forming and maintaining cartels. As an illustration of firm behavior under imperfect competition, the game distinguishes between procedurally rational choices and substantively...

The benefits of undergraduate research for students, including gains in analytical and critical thinking skills, written communication, and self-assurance, has been well-documented in the natural sciences. However, few studies exist that assess the benefits of undergraduate research in the...

While critical thinking may be difficult to define, development of critical thinking skills is a principle goal of education, particularly higher education. It is vital that college graduates can question assumptions, synthesize information, evaluate evidence, draw inferences, and make reasoned...

Computers are becoming an affordable and effective tool for assisting with classroom instruction. This paper describes experiences utilizing a hypermedia presentation system for a farm management course. Some advantages as well as drawbacks and issues associated with using...

The land grant college of food, agriculture and natural resources constitutes a major historical innovation. Land grant colleges need to continue to do cutting edge science and education as well as maintain the outreach function to maintain state appropriations. Moreover, fund raising is going...

This simple classroom experiment demonstrates many of the behavioral phenomena associated with the voluntary provision of a public good. The mechanics of the game are explained in detail and complete instructions are provided, as well as suggestions for follow-up lectures. Influences such as...