Multiple Product Qualities in Monopoly: Sailing the RMS "Titanic" into the Economics Classroom

Autor/inn/en	Asarta, Carlos J.; Mixon, Franklin G.; Upadhyaya, Kamal P.
Titel	Multiple Product Qualities in Monopoly: Sailing the RMS "Titanic" into the Economics Classroom
Quelle	In: Journal of Economic Education, 49 (2018) 2, S.173-179 (7 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0022-0485
DOI	10.1080/00220485.2018.1438862
Schlagwörter	Economics Education; Microeconomics; Transportation; Films; History; College Instruction; Instructional Materials; Vignettes + Suchen Sie Ihr Suchwort? Wirtschaftskunde; Mikroökonomie; Verkehrswesen; Film; Geschichte; Geschichtsdarstellung; Hochschullehre; Lehrmaterial; Lehrmittel; Unterrichtsmedien
Abstract	In this pedagogical contribution the authors extend the traditional three-class tariff employed in the French passenger railway system with the more resonant story of the service quality variations associated with the three passenger classes of the ill-fated RMS "Titanic." In doing so, they provide economics instructors with an opportunity to integrate the well-known motion picture "Titanic" (Cameron and Landau 1997) into the teaching of economics. This article provides instructors with resources that can be used to link historical and modern travel examples of price discrimination in order for students to reach a "deeper understanding of course concepts" (Salemi 2002, 725). (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01