Managerial economics is one of the most applied areas of economics. Managerial economics teaches students how to use the tools of economics to, make decisions. As a result, this class is most effective if it simulates what...
Instructors teaching empirical techniques in managerial economics or economic and business statistics courses often face a dilemma. The typical student in these classes has less mathematical sophistication than those in...
This paper empirically examines whether major domestic oil companies held down product prices relative to their less visible counterparts during the 1979 oil crisis. We compare company prices on unregulated fuel oil with a...
The article discusses the use of a barter Edgeworth box in teaching students in economic classes about the connection between distributive efficiency and exchange.
, Published as:
Erfle, Stephen. "On Using a...