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
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