To Work or Not to Work â€¦ That is the Question: Labour Market Decisions in the Classroom
This paper presents a simple classroom experiment for first-year university students of introductory economics, about participation in a competitive labour market. The students are designated as workers and the lecturer/tutor represents the numerous employers in this experiment. The experiment is run for several periods, each period representing different conditions in the labour market. During each period, workers must decide whether or not to offer their labour services based on the information they have at hand. We find that this participatory approach to teaching basic labour market concepts is not only well-received by students, but that it is just as effective at promoting students' retention and understanding.
Volume (Year): 9 (2010)
Issue (Month): 2 ()
|Contact details of provider:|| Postal: University of Bristol, BS8 1HH, United Kingdom|
Fax: +44(0)117 331 4396
Web page: http://www.economicsnetwork.ac.uk/iree
|Order Information:|| Email: |
When requesting a correction, please mention this item's handle: RePEc:che:ireepp:v:9:y:2010:i:2:p:84-98. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Martin Poulter)
If references are entirely missing, you can add them using this form.