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008			251212b |||||||| |||| 00| 0 eng d
020			_a9780691264110
082			_a330 HOL
100			_aHolt, Charles A.
245			_aEconomic experience: an introduction through experiments
260			_aPrinceton, New Jersey: _bPrinceton University Press, _c2025.
300			_aix, 274p.: _bill,; pbk.: _c26 cm.
504			_aIncludes Index
520			_aThis book presents a unique active-learning approach to economic thinking, providing a behavioral perspective on basic economic concepts ranging from trust to trade. Each chapter features a classroom experiment where students engage directly with the material as market participants, and chapters come with warm-up exercises, quizzes, and incisive summaries. The Economic Experience empowers students to develop insights into essential economic principles and goes beyond merely documenting behavioral anomalies by showing students how to navigate and anticipate them through hands-on learning and team building. Encourages discovery of key behavioral insights with interactive class simulations Provides a Socratic structure through lab reports for interpreting and applying lessons from experiment results while interacting with fellow students Includes “What Economists Do” sections that highlight key applications and policy issues Covers standard topics such as gains from trade, marginal analysis, and the resilience of competitive markets Enables students to experience the negative effects of market imperfections related to monopoly power, non-price rent seeking, corruption, congestion, and inadequate incentives for the provision of public goods Introduces notions of risk and strategic behavior in games and auctions Explains foundational macroeconomic concepts such as financial markets and the role of money while addressing behavioral issues like bank runs and asset market price bubbles that may arise in a macroeconomic setting Is supported by a free website that instructors can use to set up classroom experiments online https://press.princeton.edu/books/hardcover/9780691264097/the-economic-experience
650			_aBehavioral Economics
650			_aActive Learning In Economics
650			_aClassroom Experiments
650			_aMarket Simulations
650			_aCompetitive Markets
650			_aRisk and Strategic Behavior
700			_aSprott, Erica _eCo-author
942			_cTD _2ddc
999			_c64186 _d64186