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.

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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
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article

Alternative formats in teaching the analytics of quality-differentiated demand

Charles F. Adams
Advances in Economics Education
Big Data and Business Intelligence
article

Alternative formats in teaching the analytics of quality-differentiated demand

Charles F. Adams
article en

Abstract

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.

Advances in Economics EducationVol. 4(1)
The Ohio State University (US)
Openalex Percentile: Top 80%
Big Data and Business Intelligence
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