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Teaching Managerial Economics with Problems Instead of Models


Luke Froeb


Vanderbilt University - Strategy and Business Economics

James C. Ward


Vanderbilt University - Owen Graduate School of Management
April 5, 2011

THE INTERNATIONAL HANDBOOK ON TEACHING AND LEARNING IN ECONOMICS, Gail Hoyt, KimMarie McGoldrick, eds., Edward Elgar Publishing, 2012

Abstract:     
In this chapter, we address the problems of teaching microeconomic principles to business students. We describe the peculiar features of student demand that make teaching economics using a model-based pedagogy unsuccessful. We conclude that a problem-solving pedagogy is a better way to satisfy student demand for business education.

Number of Pages in PDF File: 17

Keywords: Managerial Economics, Business Education, Problem-Solving Pedagogy, Microeconomic Principles

JEL Classification: A22, A23

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Date posted: April 9, 2011 ; Last revised: November 20, 2012

Suggested Citation

Froeb, Luke M. and Ward, James C., Teaching Managerial Economics with Problems Instead of Models (April 5, 2011). THE INTERNATIONAL HANDBOOK ON TEACHING AND LEARNING IN ECONOMICS, Gail Hoyt, KimMarie McGoldrick, eds., Edward Elgar Publishing, 2012. Available at SSRN: http://ssrn.com/abstract=1803690

Contact Information

Luke M. Froeb (Contact Author)
Vanderbilt University - Strategy and Business Economics ( email )
Nashville, TN 37203
United States
615-322-9057 (Phone)
615-343-7177 (Fax)

James C. Ward
Vanderbilt University - Owen Graduate School of Management ( email )
401 21st Avenue South
Nashville, TN 37203
United States
Feedback to SSRN (Beta)


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