Abstract
This article introduces a field assignment, which is internationally implementable in introductory economics classes. The assignment involves a visit to a local farmer's market and a couple of grocery stores to observe and experience market interactions of economic agents as well as to collect data on prices for a pre-determined basket of goods. The assignment helps student understand that their daily life actions are highly related to economics and visualise theoretical concepts taught in classrooms such as market mechanisms, prices, market structure, gross domestic product and inflation.
Original language | English |
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Pages (from-to) | 323-333 |
Number of pages | 10 |
Journal | International Journal of Pluralism and Economics Education |
Volume | 7 |
Issue number | 3 |
DOIs | |
Publication status | Published - 10 Oct 2016 |