Abstract
This paper describes an active-learning technique for teaching how models evolve over time. Models lie at the heart of economic analysis, yet many students struggle because they lack the spatial skills to interpret the models. We expand on the work of Geerling and Mateer (2014), who showed that using a paper airplane experiment in class was a great way of showing principles-level students how we build simple, yet effective models. What is less intuitive is that a paper plane experiment is also an ideal starting point to discuss how economic models evolve over time in an intermediate macroeconomics class.
Original language | English |
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Pages (from-to) | 18-24 |
Number of pages | 7 |
Journal | Journal of Economics and Finance Education |
Volume | 18 |
Issue number | 1 |
Publication status | Published - 2019 |
Keywords
- active learning
- experiments
- economic models