Online Content

1. Peterson,Steven, "Using STELLA and System Concepts to Teach Microeconomics"

Type:
Document
Date Created:
1985
Collection:
System Dynamic Society Records
Collecting Area:
University Archives
Collection ID:
ua435
Parent Record(s):
23d738ba88f8333bc39725f9cb5bd0b8, 8cc5e98280358f60c3a33cc99e75a20e, and 11576afb39e5cd4a779a3912c119ca81
Thumbnail Path Ss:
/downloads/r207v669b?file=thumbnail
System Modified Dtsi:
2020-01-02T18:39:05Z
Description:
Despite the power of our framework as a tool for learning, system dynamics has yet to penetrate into the economics discipline. A different approach to dissemination of system dynamics into the microeconomics mainstream is presented. In contrast with the traditional product-focused strategy, the new approach uses microeconomic theory as a context for the development of student modeling skills. The approach relies heavily on the STELLA software. It is embodied in a book for introductory and intermediate microeconomics students. The general specifications and design of the approach are presented. To illustrate the approach, a sample laboratory session from the book is provided.