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Abstracts |
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A TOOL FOR REAL-TIME ILLUSTRATION OF BASIC CONCEPTS IN AN ECONOMICS COURSE Andreas Savva, Spyros
Hadjidakis, and Vasso Stylianou This paper
presents an interactive software program that is used as a tool to
introduce important economic concepts to students in a user-friendly
environment. This software is specially developed for educational
purposes, and generates multiple polynomials of n- degree, i.e.,
linear, quadratic, cubic, and higher order curves. By changing
variable values, real-time manipulation of the curves can be
applied, illustrating different behaviours and meanings of these
concepts. The student can observe behaviours of economic
relationships changing in real-time. This software can be used as a
supplement to in-class teaching for illustrating practical examples
of the theoretical economic concepts. |
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