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Approaches to Intermediate Microeconomics

Author

Listed:
  • Amanda Page-Hoongrajok

    (Saint Peter’s University)

  • Sai Madhurika Mamunuru

    (Whitman College)

Abstract

While there is a standard Walrasian approach to teaching intermediate microeconomics, there is no such template for instructors that want to go beyond this conventional framework. This paper’s purpose is to assist instructors with developing intermediate microeconomics courses that go beyond the Walrasian model, reflect the real world, incorporate advances in economics research, and are pedagogically inclusive. First, we develop a taxonomy of existing approaches to help instructors identify which approach best fits their intellectual and teaching philosophy. Next, we offer two detailed and vetted course design examples within this taxonomy. We then summarize the textbooks, topics, and assignments typically used in courses that cover more than the conventional Walrasian model.

Suggested Citation

  • Amanda Page-Hoongrajok & Sai Madhurika Mamunuru, 2023. "Approaches to Intermediate Microeconomics," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(3), pages 368-390, June.
    • Handle: RePEc:pal:easeco:v:49:y:2023:i:3:d:10.1057_s41302-023-00250-5
    DOI: 10.1057/s41302-023-00250-5
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    References listed on IDEAS

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    More about this item

    Keywords

    Teaching economics; Microeconomics; Economic pluralism;
    All these keywords.

    JEL classification:

    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General

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