Using K-Pop to Teach Indifference Curve Analysis, Behavioral Economics and Game Theory

19 Pages Posted: 18 Nov 2021 Last revised: 14 Feb 2022

See all articles by Wayne Geerling

Wayne Geerling

University of Texas at Austin

Kristofer Nagy

Monash University

Elaine Rhee

University of Arizona

Jadrian Wooten

Virginia Polytechnic Institute and State University

Date Written: November 17, 2021

Abstract

Economic educators have been teaching with pop culture for decades, but until recently the focus was on English-based media. In this paper, we build on the work of Wooten al. (2021b), who showed how K-pop can be integrated into the principles-level curriculum. We develop three teaching guides that can be used to teach aspects of behavioral economics, game theory and indifference curve analysis – topics which are taught at the end of most principles-level courses but are also standalone upper level courses. The three artists chosen – BTS, BLACKPINK and TWICE – have huge global followings. We hope this paper will contribute to the library of diverse and inclusive teaching resources while helping to address the deficit of resources available to instructors of upper level courses.

Keywords: inclusive teaching, media, music, teaching economics, game theory, behavioral economics, indifference curves

JEL Classification: A20, A21

Suggested Citation

Geerling, Wayne and Nagy, Kristofer and Rhee, Elaine and Wooten, Jadrian, Using K-Pop to Teach Indifference Curve Analysis, Behavioral Economics and Game Theory (November 17, 2021). Available at SSRN: https://ssrn.com/abstract=3965928 or http://dx.doi.org/10.2139/ssrn.3965928

Wayne Geerling (Contact Author)

University of Texas at Austin ( email )

Department of Economics
BRB 2.102B
Austin, TX 78712
United States

Kristofer Nagy

Monash University ( email )

Wellington Road
Clayton, Victoria 3168
Australia

Elaine Rhee

University of Arizona ( email )

McClelland Hall
Tucson, AZ 85721-0108
United States

Jadrian Wooten

Virginia Polytechnic Institute and State University ( email )

3016 Pamplin Hall
Mail Code 0316
Blacksburg, VA 24060
United States

HOME PAGE: http://JadrianWooten.com

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