Teaching Managerial Economics with Problems Instead of Models
THE INTERNATIONAL HANDBOOK ON TEACHING AND LEARNING IN ECONOMICS, Gail Hoyt, KimMarie McGoldrick, eds., Edward Elgar Publishing, 2012
17 Pages Posted: 9 Apr 2011 Last revised: 20 Nov 2012
Date Written: April 5, 2011
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.
Keywords: Managerial Economics, Business Education, Problem-Solving Pedagogy, Microeconomic Principles
JEL Classification: A22, A23
Suggested Citation: Suggested Citation