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A (Micro) Course in Microeconomic Theory for MSc Students
Gaudeul, Alexia - 2009
Those lecture notes cover the basics of a course in microeconomic theory for MSc students in Economics. They were … developed over five years of teaching MSc Economic Theory I in the School of Economics at the University of East Anglia in … Norwich, UK.The programme of this course is divided in three parts; choice under uncertainty, game theory and incentive theory …
Persistent link: https://www.econbiz.de/10013159422
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The behavioral economics of John Maynard Keynes
Schettkat, Ronald - 2018
After the publication of Keynes' "General Theory," economics was frequently described as schizophrenia: (neo … or reclassified in the neoclassical synthesis. Keynes' General Theory is truly general. It includes the full … recent results in behavioral economics. Keynes' macroeconomics is the result of his microeconomics. Keynes' theory is a …
Persistent link: https://www.econbiz.de/10011929683
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Integrating the Output and Substitution Effects of Production into the Intermediate Microeconomics Textbook
Thaver, Ranjini L. - 2013
textbooks do not apply a parallel analysis in production theory, creating an analytical vacuum at the undergraduate level. This …
Persistent link: https://www.econbiz.de/10013090019
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A Comprehensive Experiment for an Introductory Course in Microeconomics
De Bartolome, Charles - 2009
I present a classroom experiment designed to help students learn (1) decision-making using marginal analysis; (2) the prediction of the price; (3) the decentralized determination of a price by the market; (4) specialization; (5) the gains from trade; and (6) the ability of a competitive market to...
Persistent link: https://www.econbiz.de/10013160266
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How Textbooks Create Knowledge and Meaning : The Case of the Coase Theorem in Intermediate Microeconomics
Medema, Steven G. - 2014
It is now a commonplace to include a discussion of the Coase theorem in one's intermediate microeconomics textbook, generally in a chapter devoted to externalities or externalities and public goods. But this was not always the case. As the present paper demonstrates, it took nearly two decades...
Persistent link: https://www.econbiz.de/10013049110
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An Introductory Microeconomics In-class Experiment to Enhance Critical Thinking and the Integration of Modern Theory
Raboy, David - 2016
current transition in microeconomic theory motivated by contributions from behavioral economics and transactions …
Persistent link: https://www.econbiz.de/10012985923
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Tractable Cubic Cost Functions for Teaching Microeconomics
Swinton, Scott; Zhang, Hanzhe - 2021
Classes in microeconomics typically use cubic cost functions because they can exhibit marginal costs that fall as output increases to some efficient level, and then rise thereafter. Cubic cost functions embody economies of scale, making it easy to illustrate that concept with quadratic average...
Persistent link: https://www.econbiz.de/10013238313
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Microeconomic simulator of firm behavior under monopolistic competition
Angelov, Aleks; Vasilev, Aleksandar - 2017
Computer simulators are proving to be indispensable education tools as they enable their users to readily apply theoretical knowledge and to automatically receive immediate feedback, which is invaluable both to learners and to their instructors. Yet at present, there is virtually no publically...
Persistent link: https://www.econbiz.de/10011653592
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Microeconomic simulator of firm behavior under monopolistic competition
Angelov, Aleks; Vasilev, Aleksandar - 2017 - Preprint
Computer simulators are proving to be indispensable education tools as they enable their users to readily apply theoretical knowledge and to automatically receive immediate feedback, which is invaluable both to learners and to their instructors. Yet at present, there is virtually no publically...
Persistent link: https://www.econbiz.de/10011609905
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Teaching Innovation in Principles of Microeconomics Classes
Miller, James D. - 2015
The author presents multiple ways of integrating innovation theory into many of the topics typically covered in …
Persistent link: https://www.econbiz.de/10014213313