Teaching Economics With Analogies — Practical Examples
Monopoly and Monopsony Power in a Market for Mud (Scahill)
May 29, 2020The Candy Price Index and the Gumball Domestic Product (Ruediger & Batova)
May 29, 2020According to Merriam-Webster Dictionary, an analogy is “a comparison of two otherwise unlike things based on resemblance of a particular aspect.” This paper presents practical examples of teaching economics with analogies that students can easily relate to in their daily life.
Iris Franz