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Ghislain Nono Gueye; Jonathan R. Peterson – Journal of Economic Education, 2024
The authors present a Web application they designed in the R programming language as an experiential learning tool for teaching production theory. The app simulates production decisions where a manager is tasked to find the optimal mixture of inputs through experimentation. Users of the application are instructed to use calculations and intuitions…
Descriptors: Economics Education, Teaching Methods, Computer Oriented Programs, Programming Languages
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Kuroki, Masanori – Journal of Economic Education, 2023
As vast amounts of data have become available in business in recent years, the demand for data scientists has been rising. The author of this article provides a tutorial on how one entry-level machine learning competition from Kaggle, an online community for data scientists, can be integrated into an undergraduate econometrics course as an…
Descriptors: Statistics Education, Teaching Methods, Competition, Prediction
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Gilbert, John – Journal of Economic Education, 2004
Students at all levels benefit from a multi-faceted approach to learning abstract material. The most commonly used technique in teaching the pure theory of international trade is a combination of geometry and algebraic derivations. Numerical simulation can provide a valuable third support to these approaches. The author describes a simple…
Descriptors: International Trade, Teaching Methods, Computer Assisted Instruction, Geometric Concepts