Click and Think, Not Chalk and Talk: An Interactive Spreadsheet Approach for Teaching Economics
17 Pages Posted: 28 Sep 2005
Date Written: August 12, 2005
We present spreadsheets as a tool for teaching economics. In particular, we focus on how a price searching firm chooses its profit maximizing quantity. We then extend the example to competitors in a two-firm market. Students can alter the demand and cost structure to see the impact on market clearing. A classroom experience using the spreadsheets is described. An easy-to-use template simplifies creation of additional spreadsheets customized to professor's needs. Alternately professor's can modify the existing spreadsheets. A website allows readers to download all of the spreadsheets discussed.
JEL Classification: A22
Suggested Citation: Suggested Citation