Experimental Method in Teaching Economics: Classroom Experiments and Its Applications to International Economics

Volume: 15 Number: 4 November 1, 2015
  • Müslüm Basılgan
  • Emin Ertürk
EN TR

Experimental Method in Teaching Economics: Classroom Experiments and Its Applications to International Economics

Abstract

In general, economics courses are taught to the students at a fairly abstract level and it has a negative effect on student’s attitudes towards economic courses. But the courses can be completed with classroom experiments that students make decisions and interact with. Classroom experiments give the students the opportunity to explore on their own basic economic concepts by putting them in the role of economic decision makers and the chance to see the appropriateness of theories given in the books. Indeed, the studies on classroom experiments showed that with classroom experiments students are more interesded in economic courses and more successful in the exams. However, it is more difficult to reflect international economics concepts in classroom experiments than micro-economic concepts. As a result very few classroom experiments exist in this area. These classroom experiments mostly focused on the operation of comparative advantage, the importance of specialization in trade and exchange rate. The aim of this study is to introduce the classroom experiments and to show its applications on international economics

Keywords

References

  1. Anderson, L. R., Blanchard, E., Chaston, K., Holt, C., Razzolini, L. ve Singleton, R. (2008) “Production and gains from trade” Perspectives in Economic Education Research, 4 (1): 3-22.
  2. Bastian, C. T., Menkhaus, D. J. ve Yakunina, A. V. (1996) “ Experimental Economics In The Classroom: Reinforcing Selected Concepts Related To Consumer Demand” NACTA Journal, 40 (2): 12-14.
  3. Bergstrom, T. ve Miller, J. H. (2000) Experiments With Economic Principles: Microeconomics,2nd Edition, New York, McGraw-Hill.
  4. Brauer, J. (1998) “A Saving/Consumption Game for Introductory Macroeconomics” Classroom Expernomics,7 (1): 10-13.
  5. Brauer, J. ve Delemeester, G. (2001) “Games Economists Play: A Survey of Non-Computerized Classroom Games For Economics” Journal of Economic Surveys,15 (2): 221-236.
  6. Chamberlin, E. H. (1948) “An Experimental Imperfect Market” Journal of Political Economy, 56 (2): 95-108.
  7. Chiang, E. P. (2007) “Asymmetric Information, Bargaining, And Comparative Advantage In Trade Relationships: An Interactive Game” Southern Economic Journal, 74 (2): 601-608.
  8. DeYoung, R. (1993) “Market Experiments: The Laboratory Versus The Classroom” Journal of Economic Education, 24 (4): 335-351.

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Müslüm Basılgan This is me

Emin Ertürk This is me

Publication Date

November 1, 2015

Submission Date

November 1, 2015

Acceptance Date

-

Published in Issue

Year 2015 Volume: 15 Number: 4

APA
Basılgan, M., & Ertürk, E. (2015). Experimental Method in Teaching Economics: Classroom Experiments and Its Applications to International Economics. Ege Academic Review, 15(4), 467-480. https://izlik.org/JA65EW47HF
AMA
1.Basılgan M, Ertürk E. Experimental Method in Teaching Economics: Classroom Experiments and Its Applications to International Economics. ear. 2015;15(4):467-480. https://izlik.org/JA65EW47HF
Chicago
Basılgan, Müslüm, and Emin Ertürk. 2015. “Experimental Method in Teaching Economics: Classroom Experiments and Its Applications to International Economics”. Ege Academic Review 15 (4): 467-80. https://izlik.org/JA65EW47HF.
EndNote
Basılgan M, Ertürk E (November 1, 2015) Experimental Method in Teaching Economics: Classroom Experiments and Its Applications to International Economics. Ege Academic Review 15 4 467–480.
IEEE
[1]M. Basılgan and E. Ertürk, “Experimental Method in Teaching Economics: Classroom Experiments and Its Applications to International Economics”, ear, vol. 15, no. 4, pp. 467–480, Nov. 2015, [Online]. Available: https://izlik.org/JA65EW47HF
ISNAD
Basılgan, Müslüm - Ertürk, Emin. “Experimental Method in Teaching Economics: Classroom Experiments and Its Applications to International Economics”. Ege Academic Review 15/4 (November 1, 2015): 467-480. https://izlik.org/JA65EW47HF.
JAMA
1.Basılgan M, Ertürk E. Experimental Method in Teaching Economics: Classroom Experiments and Its Applications to International Economics. ear. 2015;15:467–480.
MLA
Basılgan, Müslüm, and Emin Ertürk. “Experimental Method in Teaching Economics: Classroom Experiments and Its Applications to International Economics”. Ege Academic Review, vol. 15, no. 4, Nov. 2015, pp. 467-80, https://izlik.org/JA65EW47HF.
Vancouver
1.Müslüm Basılgan, Emin Ertürk. Experimental Method in Teaching Economics: Classroom Experiments and Its Applications to International Economics. ear [Internet]. 2015 Nov. 1;15(4):467-80. Available from: https://izlik.org/JA65EW47HF