15 research outputs found

    Your Place in Space: Classroom Experiment on Spatial Location Theory

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    The authors detail an urban economics experiment that is easily run in the classroom. The experiment has a flexible design that allows the instructor to explore how congestion, zoning, public transportation, and taxation levels determine the bid-rent function. Heterogeneous agents in the experiment compete for land use utilizing a simple auction mechanism. Using the data that is collected, a bid-rent function is derived, and the experimental treatment is altered over the course of three sessions to uncover core concepts in urban economics. Moreover, this provides a tangible experience that can be used to help undergraduates relate to urban issues such as the steep rent gradient found around many larger colleges and universities.

    Your Place in Space: Classroom Experiment on Spatial Location Theory

    Get PDF
    The authors detail an urban economics experiment that is easily run in the classroom. The experiment has a flexible design that allows the instructor to explore how congestion, zoning, public transportation, and taxation levels determine the bid-rent function. Heterogeneous agents in the experiment compete for land use utilizing a simple auction mechanism. Using the data that is collected, a bid-rent function is derived, and the experimental treatment is altered over the course of three sessions to uncover core concepts in urban economics. Moreover, this provides a tangible experience that can be used to help undergraduates relate to urban issues such as the steep rent gradient found around many larger colleges and universities

    Bazinganomics: Economics of The Big Bang Theory

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    url:http://www.bazinganomics.com The website is designed to provide instructors with clips, explanations, and lesson plans related to economics concepts from TV’s 2nd most watched broadcast show of the 2014-2015 season, CBS’s The Big Bang Theory. The site contains approximately 100 clips. As the show continues to air (currently signed through the 2016-2017 season) the authors plan to increase the number of clips and lesson plans

    Lesson Plans for Teaching Economics with The Big Bang Theory

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    Using examples in the classroom from current and past television shows and movies is becoming increasingly common. Being able to relate ideas back to a popular clip or episode allows the instructor to reach students in ways the traditional lecture cannot. Building on the work of Tierney, Mateer, Smith, Wooten, and Geerling (2016), this paper introduces five lesson plans tied to clips from The Big Bang Theory that can be used in high school (9-12) economics courses

    Behavioral economics in film : insights for educators

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    Behavioral economics is an increasingly prominent field within economics and we review the case for its incorporation into undergraduate Economics curricula. We argue that behavioral findings can inform the teaching template itself and (economics) education policy more generally. The pedagogical and behavioral literature informs us that learners are more likely to recall economic content when it is presented as a narrative than when it is couched in abstract models. Film is one of the most evolved forms of story-telling, and its use (along with other media) enables learners to master a concept more quickly. This paper presents a database of 30 short film and media scenes and three detailed lesson plans that may be used as jumping-off points for instructors who wish to incorporate behavioral economics concepts alongside the rational-agent model of economic behavior.peer-reviewe
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