Using problem-based learning for introducing producer theory and market structure in intermediate microeconomics
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This paper shows how instructors can use the problem‐based learning method to introduce producer theory and market structure in intermediate microeconomics courses. The paper proposes a framework where different decision problems are presented to students, who are asked to imagine that they are the managers of a firm who need to solve a problem in a particular business setting. In this setting, the instructors’ role is
to provide both guidance to facilitate student learning and content knowledge on a just‐in‐time basis
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