Educational technology in economics instruction

Basit Öğe Kaydı
dc.contributor.authorKara, Ahmet
dc.contributor.editorIaman, A
dc.contributor.editorEskicumali, A
dc.date.accessioned2020-11-21T15:55:47Z
dc.date.available2020-11-21T15:55:47Z
dc.date.issued2015en_US
dc.departmentÄ°stanbul Ticaret Ãœniversitesien_US
dc.description5th International Conference on New Horizons in Education (INTE) -- JUN 25-27, 2014 -- Paris, FRANCEen_US
dc.descriptionWOS:000383740200079en_US
dc.description.abstractIn this paper, we will show, in the context of a "market equilibria" example, how the use of educational technology associated with system dynamics makes it possible for instructors to teach undergraduate students topics of economic structures/processes involving nonlinearity, stochasticity, non-differentiability and discontinuity. We present three submodels/subcases associated with the example. In the first model, we have continuous and continuously differentiable linear demand and nonlinear supply functions for a good. Each function involves a stochastic term. In the second model, we do not have a continuous and continuously differentiable demand function but only a demand schedule. The supply function is a continuous nonlinear function of price. In the third model, we have interrelated markets for two goods with discontinuous stochastic demand and nonlinear stochastic supply functions. In all cases, we use system dynamics to find, in a very simple and user-friendly manner, the dynamic equilibrium paths and hence dynamic equilibria in the markets in question.en_US
dc.identifier.doi10.1016/j.sbspro.2015.01.709en_US
dc.identifier.endpage575en_US
dc.identifier.issn1877-0428
dc.identifier.startpage568en_US
dc.identifier.urihttps://doi.org/10.1016/j.sbspro.2015.01.709
dc.identifier.urihttps://hdl.handle.net/11467/4050
dc.identifier.volume174en_US
dc.identifier.wosWOS:000383740200079en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherElsevier Science Bven_US
dc.relation.ispartofInternational Conference on New Horizons in Education, Inte 2014en_US
dc.relation.ispartofseriesProcedia Social and Behavioral Sciences
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjecteconomics instructionen_US
dc.subjectsystem dynamicsen_US
dc.subjectmarket equilibriaen_US
dc.titleEducational technology in economics instructionen_US
dc.typeConference Objecten_US

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Küçük Resim
Ä°sim:
1-s2.0-S1877042815007600-main.pdf
Boyut:
281.87 KB
Biçim:
Adobe Portable Document Format
Açıklama:
Ä°ndir

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu