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ERIC Number: EJ1052836
Record Type: Journal
Publication Date: 2009
Pages: 6
Abstractor: As Provided
Reference Count: 1
ISBN: N/A
ISSN: ISSN-1942-2504
What Is the Most Popular Movie of All Time?: Teaching the Importance of Ceteris Paribus
Levendis, John; Santicola, Craig
American Journal of Business Education, v2 n1 p53-58 2009
Students often have difficulty understanding the importance of distinguishing between real and nominal prices, or more generally, why ceteris paribus conditions are important. We exploit students' interests in popularity to teach the nominal/real distinction, and the importance of adjusting for inflation, population, and income levels. We illustrate the importance of these topics by asking, "What is the most popular movie of all time?"
Clute Institute. 6901 South Pierce Street Suite 239, Littleton, CO 80128. Tel: 303-904-4750; Fax: 303-978-0413; e-mail: Staff@CluteInstitute.com; Web site: http://www.cluteinstitute.com
Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A