Problem-Solving Laboratory as a Teaching Device in Economics: Some Tentative Conclusions

developed based on the previously identified variables. Using the method outlined above virtually forces the student to recognize that he is studying a closed interdependent system, a notion which is essential even for a brief introduction to general equilibrium analysis. I have used this procedure with various modifications in principles and intermediate level courses and in a more intensive price theory course required for MBA students. The positive response, particularly of the latter two groups, has led to the preparation of an extensive set of notes at the intermediate level for class distribution organized along the lines suggested in this paper.