The Economic Experience: An Introduction through Experiments

Sprache: Englisch

Verlag: Princeton University Press, 2025

0691264112 / 9780691264110

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Artikelbeschreibung des Verkäufers

An innovative introduction to economic behavior that uses interactive experiments to promote experience-based discoveryThis book presents a unique active-learning approach to economic thinking, providing a behavioral perspective on basic economic concepts ranging from trust to trade. Each chapter features a classroom experiment where students engage directly with the material as market participants, and chapters come with warm-up exercises, quizzes, and incisive summaries. The Economic Experience empowers students to develop insights into essential economic principles and goes beyond merely documenting behavioral anomalies by showing students how to navigate and anticipate them through hands-on learning and team building.Encourages discovery of key behavioral insights with interactive class simulationsProvides a Socratic structure through lab reports for interpreting and applying lessons from experiment results while interacting with fellow studentsIncludes ?What Economists Do? sections that highlight key applications and policy issuesCovers standard topics such as gains from trade, marginal analysis, and the resilience of competitive marketsEnables students to experience the negative effects of market imperfections related to monopoly power, non-price rent seeking, corruption, congestion, and inadequate incentives for the provision of public goodsIntroduces notions of risk and strategic behavior in games and auctionsExplains foundational macroeconomic concepts such as financial markets and the role of money while addressing behavioral issues like bank runs and asset market price bubbles that may arise in a macroeconomic settingIs supported by a free website that instructors can use to set up classroom experiments online. …

Bestandsnummer des Verkäufers CIN0691264112G

Titel
The Economic Experience: An Introduction through Experiments
Autor
Charles A Holt
Verlag
Princeton University Press
Erscheinungsjahr
2025
Zustand
Good
Einband
Paperback
Sprache
Englisch
ISBN-10
0691264112
ISBN-13
9780691264110

World of Books (was SecondSale)

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