Alternative formats in teaching the analytics of quality-differentiated demand
This paper examines three alternative formats in the analytics of teaching quality-differentiated demand in intermediate microeconomics: graphic, algebraic, and spreadsheet. It presents an extended application of algebra as the most succinct and dexterous format once the analytics move from a static quality-differentiated demand and cost structure to ones involving shifts and movements across structures. Algebraic applications of quality-differentiated demand to the analytics of monopoly costs, regulation, peak-load pricing, and third-degree price discrimination are presented as enhancements to both the scope and pedagogy of conventional treatments of these topics in undergraduate microeconomics.
Authors
- Charles F. Adams (ORCID: https://orcid.org/0000-0003-0944-1673)
Institutions
- The Ohio State University (US)
Publication Details
- Journal
- Advances in Economics Education
- Published
- 2025-05-22
- DOI
- https://doi.org/10.4337/aee.2025.01.02
- Primary Topic
- Big Data and Business Intelligence
- Type
- article
- Field-Weighted Citation Impact
- 0.00