Teaching and Educational Methods
Learning about Consumer Demand from Student Surveys
Scott M. Swinton
Michigan State University
JEL Codes: A22, D12, Y1
Keywords: Active learning, demand curve, student survey, teaching microeconomics, willingness to pay
Publish Date: July 21, 2021
volume 3, Issue 3
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Abstract
Active learning can help students to grasp abstract economic concepts and become acquainted with quantitative data analysis. This paper describes how a survey of willingness to pay for pizza that is designed, executed, analyzed, and interpreted by students can motivate learning about consumer demand. The approach, which can be adapted to other consumption goods, builds understanding of consumer demand from the level of the individual to the market.
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Articles in this issue
Teaching by the Case Method to Enhance Graduate Students’ Understanding and Assessment of Wicked-Type Problems: An Application Involving the Bears Ears National Monument
Amanda J. Harker Steele and John C. Bergstrom
Seeds of Learning: Uncertainty and Technology Adoption in an Ecosystem-Based Adaptation Game
Babatunde Abidoye, Sahan T.M. Dissanayake, and Sarah A. Jacobson
Managing a Multiuse Resource with Payments for Ecosystem Services: A Classroom Game
Lauriane S. Yehouenou, Stephen N. Morgan, and Kelly A. Grogan
Making Learning about Climate Change Fun and Interactive
Misti D. Sharp and Jada M. Thompson
What does the pandemic mean for experiential learning? Lessons from Latin America
Grace Melo, Dérgica Sanhueza, Sarahi Morales, and Luis Peña-Lévano
Learning about Consumer Demand from Student Surveys
Scott M. Swinton