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Discovering Economics in the Classroom with Experimental Economics and the Scottish Enlightenment

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  • Taylor Jaworski

    ()
    (University of Arizona)

  • Vernon Smith

    ()
    (Chapman University)

  • Bart Wilson

    ()
    (Chapman University)

Abstract

This paper describes a curriculum for teaching economics using laboratory experiments. The key features of the curriculum are the low technology barriers, complete instructions for running the experiment and debriefing the results, and a guide for teacher-led roundtable discussions motivated by the Scottish philosophers. Our main goal is to present economic principles to young students in a way that is both exciting and accessible, while emphasizing the discovery process underlying wealth creation in modern economies using laboratory experiments.

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File URL: http://www.economicsnetwork.ac.uk/iree/v9n2/jaworski.pdf
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Bibliographic Info

Article provided by Economics Network, University of Bristol in its journal International Review of Economics Education.

Volume (Year): 9 (2010)
Issue (Month): 2 ()
Pages: 10-33

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Handle: RePEc:che:ireepp:v:9:y:2010:i:2:p:10-33

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Postal: University of Bristol, BS8 1HH, United Kingdom
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  1. McCabe, Kevin A. & Rigdon, Mary L. & Smith, Vernon L., 2003. "Positive reciprocity and intentions in trust games," Journal of Economic Behavior & Organization, Elsevier, vol. 52(2), pages 267-275, October.
  2. Sean Crockett & Vernon Smith & Bart Wilson, 2006. "Exchange and Specialization as a Discovery Process," Working Papers 1002, George Mason University, Interdisciplinary Center for Economic Science, revised May 2006.
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