Showing 1 - 10 of 656,174
Persistent link: https://www.econbiz.de/10009236999
Persistent link: https://www.econbiz.de/10011585104
Persistent link: https://www.econbiz.de/10013417482
Persistent link: https://www.econbiz.de/10015075232
microeconomic theory, the market affinity of economists increased in both cases, but their sensitivity persisted. Surprisingly, it …
Persistent link: https://www.econbiz.de/10010379898
Breaking Bad is currently ranked fifth by the Internet Movie Database's (IMDB) Top 250 television shows based on user rankings and second among 100 shows reviewed by The Hollywood Reporter. Despise the series ending in 2013, Al-Bahrani et al. (2016) find that current students still rank the show...
Persistent link: https://www.econbiz.de/10012843069
This classroom experiment introduces students to the concept of double marginalization, i.e., the exercise of market power at successive vertical layers in a supply chain. By taking on roles of firms, students determine how the mark-ups are set at each successive production stage. They learn...
Persistent link: https://www.econbiz.de/10012764636
The commonly used method for representing macroeconomics as a social system is by assuming the existence of a number of agencies (or entities) and of their various connecting links. In practice this is achieved and illustrated by the use of a block-and-flow diagram. For the case being considered...
Persistent link: https://www.econbiz.de/10012971831
Introductory economics courses emphasize opportunity cost, comparative advantage and specialization to show the benefits of trade. We assert that this emphasize leads to erroneous student mindset that trade requires specialization based on comparative advantage. We test students who have been...
Persistent link: https://www.econbiz.de/10013025969
Following the 2007-09 financial crisis, mainstream finance theory was criticized for failing to forecast the market … crash, which resulted in large losses for investors. Has our finance theory, which many consider an idealization that does … not take reality into account, failed investors? Do we need to reconsider the theory and how it is taught (and practiced …
Persistent link: https://www.econbiz.de/10013027354