An Active-Learning Exercise for Syllabus Day in Intermediate Microeconomics
AbstractSyllabus Day provides the wrong signals for the first day of class. Gannon (2016) argues that: “Ideally, the first day gives students a taste of everything they’ll be expected to do during the semester.”
In microeconomics classes, this could be translated into the admonition: Do some marginal analysis.
This active-learning exercise, based on Erfle (2019), highlights marginal analysis and reminds students of the trade-offs they learned about in introductory microeconomics, both geometrically and algebraically.