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Peer reviewed Peer reviewed
ERIC Number: EJ651291
Record Type: CIJE
Publication Date: 2000
Pages: N/A
Abstractor: N/A
Reference Count: 0
ISBN: N/A
ISSN: ISSN-0022-0485
A Free Entry and Exit Experiment.
Garratt, Rod
Journal of Economic Education, v31 n3 p237-43 Sum 2000
Describes a two-stage experiment where students play the role of farmers who must select one of four markets (corn, wheat, rice, or soybeans). Demonstrates the process leading to equilibrium in a multimarket setting. Includes an appendix with the farmer profit chart and homework exercises. (CMK)
Descriptors: Agriculture, Course Content, Economics, Economics Education, Educational Experiments, Educational Strategies, Free Enterprise System, Higher Education, Homework
Publication Type: Guides - Classroom - Teacher; Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers: N/A