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Alternative formats in teaching the analytics of quality-differentiated demand

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  • Charles F. Adams

    (N/A)

Abstract

This paper examines three alternative formats in the analytics of teaching quality-differentiated demand in intermediate microeconomics: graphic, algebraic, and spreadsheet. It presents an extended application of algebra as the most succinct and dexterous format once the analytics move from a static quality-differentiated demand and cost structure to ones involving shifts and movements across structures. Algebraic applications of quality-differentiated demand to the analytics of monopoly costs, regulation, peak-load pricing, and third-degree price discrimination are presented as enhancements to both the scope and pedagogy of conventional treatments of these topics in undergraduate microeconomics.

Suggested Citation

  • Charles F. Adams, 2025. "Alternative formats in teaching the analytics of quality-differentiated demand," Advances in Economics Education, Edward Elgar Publishing, vol. 4(1), pages 4-18, May.
    • Handle: RePEc:elg:aeejrn:v:4:y:2025:i:1:p4-18
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    More about this item

    Keywords

    Intermediate microeconomics; Consumer demand; Quality differences;
    All these keywords.

    JEL classification:

    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly

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